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Incremental cost of borrowings has also increased despite the interest-rate cycle turning south.Growth in assets under management (AUM) of non-banking finance companies (NBFCs) is likely to fall to a decadal low of 6-8% year-on-year…

Chief investment officer of IIFL Asset Management Ltd Anup Maheshwari asserts that India’s financial services sector is intact and supported by the prospect of robust growth in consumer financing.IIFL Asset Management Ltd., which…

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The Consumer Protection Act, 1986 covers all goods and services and all mode of transactions including e-commerce. Representational image/PixabayAhead of the expected launch of the highly anticipated e-commerce policy in the current…

Confidence deficit of investors which was initially focused on asset-liability maturity profile has shifted to concerns over asset quality, especially for the wholesale book.Falling growth rates, derisking of loan books and funding…

The US supplies to India were higher than Kuwait’s 5.1 million tonnes and 4.1 million tonnes of Mexico. (Reuters)The United States has surpassed Kuwait to become India’s sixth largest oil supplier as it supplied 70 per cent more crude to…

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MSMEs contribute 49 per cent share to India’s total exports.Trade, Imports, Exports for MSMEs: The tariff concessions under the Free Trade Agreements (FTAs) signed by India gives export opportunities for products including those from…

Other lenders that reported sharp divergences include Union Bank of India, Indian Bank, Bank of India, Indian Overseas Bank, Central Bank of India, while Yes Bank and Lakshmi Vilas Bank are among private lenders.State Bank of India (SBI)…

US crude stocks clocked a surprise rise in the most recent week while gasoline and distillate inventories also rose, data from industry group the American Petroleum Institute shows.Oil prices fell on Wednesday after industry data showed…