India
Chart of the Week: India's fintech investments grew 19.1% in 2015-2019
In 2019, local firms raised $5.1b in total from 154 deals.
Chart of the Week: India's fintech investments grew 19.1% in 2015-2019
In 2019, local firms raised $5.1b in total from 154 deals.
India directs banks to operate during lockdown
This is to ensure that the government’s relief package reaches the poor.
Chart of the Week: India's retail loans will reach $566.7b in 2023
It reached a 17% CAGR to $319.1b in 2018.
Yes Bank, State Bank of India will not merge
The Indian central bank took over Yes Bank for not having enough capital.
HDFC bank appoints new Additional Non-Executive Director
Karnad has been associated with the property and mortgage industry for over 40 years.
India's shadow banks hit with $15.1b in debt repayments
Meeting the deadlines will be a challenge given the domestic funding crunch.
Huge returns boost foreign banks' investment in India
Foreign annualised ROEs grew 9.9% in the six months until end-September.
India's share of cash payments will lower to 54.1% by 2023
The government has waived merchant fees on payments through RuPay.
Indian card payments surge amidst cashless efforts
Total number of card payments quadrupled from 2 billion in 2015 to 7.8 billion in 2019.
Indian retail banks could claim bigger share of housing loan market in 2020
NBFCs and HFCs have reduced disbursement rates.
India's Religare Finvest may see 49% haircut with rare debt recast
Its lenders have reportedly agreed to write off almost half of its $808m debt.
Indian asset risks rise amidst NBFC funding stresses
The economy has grown dependent on non-bank lenders.
More Indian NBFCs to go overseas amidst funding crunch
Local funding remains constrained as providers pull back amidst a slowing economy.
India may slash benchmark rates by 25bps in February
High unemployment and a subued manufacturing sector will drive rate cuts.
Liquidity pressures to loom over India's NBFCs in 2020
Wholesale and housing finance companies are the most vulnerable.
Indian lender Yes Bank's bad loans swells by $457m
This is more than double the $174.86m the bank disclosed as of 30 September.
India's central bank chief calls for tighter scrutiny of state-run banks
RBI has limited sway over state-owned lenders, who control 60% of the banking sector.