Category: Banking & Finance

In a big move, the Reserve Bank of India (RBI) has introduced new rules to help people with low CIBIL scores get loans more easily. This is great news for millions of Indians who struggle to borrow money due to their credit history. The changes aim to make banking fairer and give everyone a better […]

The credit score by CIBIL can decide whether someone gets a car loan, a home loan, or even a credit card. Yet, very few actually know how CIBIL works or who controls it. Most people in India know the importance of a CIBIL. It can decide whether someone gets a car loan, a home loan […]

“PSBs have been told to focus on credit growth across loan sizes, especially in core engineering, manufacturing, agriculture, MSMEs and startups,” the official said. The Finance Ministry has asked public-sector banks (PSBs) to broaden their credit focus beyond large corporations to include mid-market companies, small and medium enterprises, agriculture and startups, a senior Government official […]

CIBIL Score: For a long time, there has been a common belief that the CIBIL score matters only for loan and credit card approval. But now the recent discussion in Parliament has made it clear that this score can also play a role in getting a job. Especially in the banking sector, during the recruitment process, […]

IndusInd Bank launched ‘Indus StartUp Banking’ on August 11, 2025, a comprehensive program to support early-stage startups in India. The initiative offers banking facilities, credit and beyond-banking services, including current accounts, API access and premium lounge access. Startups under 10 years old can apply, benefiting from customized solutions and strategic partnerships. IndusInd Bank on Monday […]

Deloitte India has entered into a strategic alliance with Embark to offer end-to-end support to global firms building and scaling their Global Capability Centres in India, covering strategy, operations, infrastructure and governance, a release said on Wednesday. Put simply, global capability centre or GCC, is a strategic offshore unit, where multinational companies brainstorm innovation and […]

Union Minister of Finance & Corporate Affairs, Smt. Nirmala Sitharaman presided over the 166th anniversary of Income Tax Day observed by Central Board of Direct Taxes (CBDT), in New Delhi today. Union Minister of State for Finance, Shri Pankaj Chaudhary also graced the event with his presence. Shri Arvind Shrivastava, Secretary, Revenue; Shri Ravi Agrawal, Chairman, […]

What trends are you seeing in MSME credit growth and asset quality this year? Insights from the latest TransUnion CIBIL – SIDBI MSME Pulse Report highlight a very encouraging outlook for the MSME sector, both in terms of credit growth and asset quality. The data shows that MSMEs continue to demonstrate resilience and growing financial […]

Justice, N. Anand Venkatesh refuses to interfere with the inclusion of Zylog Systems Director, Srikanth Parthasarathy in the willful defaulters list. The Madras High Court has refused to interfere with the inclusion of a former Director of Zylog Systems Limited in the list of loan defaulters maintained by Credit Information Bureau of India Limited (CIBIL) […]

Anil Ambani’s legal team also raised concerns over due process, alleging that SBI failed to provide him with a personal hearing and did not furnish relevant documents. Agarwal Law Associates, the Legal Counsel for Anil Ambani, has responded to State Bank of India’s move to classify the Reliance Communications loan account as “fraud,” stating that […]