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Loan app's harassment behind Kerala couple's suicide?

 The Kerala police on Thursday said they suspect that the unethical loan recovery tactics used by an instant loan app's management may have led to the suicide of a four-member family in Ernakulam......

Payments banks urge FinMin to raise deposit limit to Rs 5 lakh

 Payments banks have urged the Union finance ministry to increase their deposit limit for each account to Rs 5 lakh, according to a source who participated in a meeting, chaired by the Department of......

Credit-deposit growth gap likely to dip sharply in FY26: India Ratings

 The gap between credit and deposit growth in the banking system is expected to decline sharply to 80 basis points (bps) in the next financial year from an average of 386 bps over the FY22-Q3FY25......

Shadow bank risks persist despite RBI relief

 Towards the end of February, the Reserve Bank of India (RBI) restored the risk weighting on banks loans to non-banking financial companies (NBFCs; including to microfinance institutions, or MFIs)......

Fighting digital fraud: From KYC processes to advanced authentication

 In today’s rapidly evolving digital payment landscape, security concerns remain a top priority for stakeholders across sectors. Illustration: Uttam Ghosh/Rediff.com At a panel discussion in......

Bank of Baroda to UCO Bank: Loan growth of banks picks up pace in Q3

 Bank of Baroda, a state-owned bank, in its quarterly update on Friday said its domestic deposits grew 9.23 per cent year-on-year (Y-o-Y) in October-December (Q3FY25) at Rs 11.65 trillion, while......

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