For millions of Indians, this number has become one of the most important financial indicators. It can influence not only whether a bank approves a loan but also the interest rate you pay, the credit limit you receive and, in some cases, how quickly your application is processed.
India's MSME sector faces a significant formal credit gap of approximately Rs 60 lakh crore, with traditional channels meeting only a fraction of the demand. A new report suggests that a centralised, interoperable digital layer could effectively bridge this gap and enhance productivity across the formal business sector by digitising workflows and enabling cash-flow-based underwriting.
It's not about how much you earn -- it's about how you borrow and repay.
Despite near gender parity in basic bank account ownership, women in India remain significantly underrepresented in the growing platform economy due to gaps in digital financial capability and access to credit, according to a joint report by the International Labour Organization and National Council of Applied Economic Research.
Spider-Man: Brand New Day's seemingly underwhelming post-credit scene may actually be quietly setting up Peter Parker's biggest MCU adventure yet.
Millions of EPFO subscribers can now check whether 8.25% annual interest for FY2025-26 has been credited to their provident fund accounts.
Central tax authorities detected input tax credit (ITC) fraud worth Rs 74,781.56 crore across 30,162 cases in FY26, more than doubling the number of cases from the previous year, according to the Ministry of Finance.
Following East Zone's Duleep Trophy victory, Captain Ishan Kishan lauded Vaibhav Sooryavanshi, praising his positive influence on and off the field.
'It's not about individuals operating the mule accounts being more or less skilled. Instead, 'lower-level' refers to the role the individual account plays in the broader mule network.'
The first thing cardholders should do after spotting a suspicious charge is block the card.
The much awaited Credit Information Bureau (India) Ltd was launched on Wednesday with a database of 55 consumer credit records which would help creditors to evaluate risks, reduce incidence of defaults and non-performing assets.
Used-car financing has seen significant growth, but borrowers must be aware of higher interest rates, conservative loan-to-value ratios, shorter tenures, and the risk of owing more than the car's depreciated value. Understanding these factors is crucial for making informed decisions.
Over the past three years, the appointments of 20 candidates selected through the Institute of Banking Personnel Selection were cancelled or offers were withdrawn due to poor credit history.
Infosys Chairman Nandan Nilekani stressed the need for India to develop population-scale tokenisation infrastructure capable of handling billions of transactions, rather than merely focusing on issuing tokens. He highlighted the importance of interoperability, liquidity, and high volumes for tokenisation to expand across various asset classes and use cases.
State Bank of India (SBI) is developing an innovative solution to assess the creditworthiness of small businesses lacking GST registration by utilising UPI transaction data. This initiative aims to provide end-to-end digital loans within a day, addressing the financial exclusion of many small enterprises.
BAFs seek to offer a smoother experience across market cycles, not the full upside of a bull market.
A data breach does not end when the headlines fade. For victims, stolen personal information can fuel fraud, identity theft and financial losses for years.
The Employees' Provident Fund Organisation (EPFO) is set to credit the 8.25 per cent interest on provident funds for FY26 to 34 crore member accounts by July 15, enabled by its new centralised IT system (CITES). This upgrade promises enhanced operational efficiency, transparent services, and easier access to PF details and claims for members.
List all unavoidable expenses such as rent, groceries, transportation, education and medical bills.
'First-time applicants may witness longer approval times or higher rejection rates and requests for more documentation.'
Prof Ajit Kumar Chaturvedi, Vice-Chancellor of Banaras Hindu University, highlighted Artificial Intelligence's transformative potential in healthcare, emphasising its role in augmenting doctors' capabilities and enhancing efficiency. Speaking at PGIMER's Foundation Day, he stressed the need for India to develop AI solutions tailored to its unique healthcare realities, moving beyond being a mere consumer of Western-trained systems. PGIMER Director Vivek Lal also detailed the institute's expansion and commitment to affordable healthcare.
Jai Jai Ram may not have the lyrical punch of A R Rahman's earlier devotional tracks, but Shreya Ghoshal and Arijit Singh's vocals give this Ramayana anthem the spiritual grandeur it needs.
Delhi Police have arrested three individuals for allegedly defrauding a resident of Rs 15.26 lakh by promising to increase his credit card limit. The fraudsters used mule bank accounts to channel the illicit funds, and police recovered several devices used in the crime.
Reserve Bank of India (RBI) Deputy Governor Rohit Jain has warned that financial institutions' increasing reliance on a small number of common technology providers, including cloud and AI model providers, could create a new source of systemic risk. He highlighted 'speed, concentration and opacity' as key risks, noting that a disruption at one provider could rapidly spread across multiple institutions, amplifying existing financial risks.
Bajaj Finance reported a strong Q1 FY27 performance with 24 per cent year-on-year AUM growth and a 28 per cent rise in consolidated profit after tax, driven by significant increases in consumer financing, gold loans, and commercial vehicle loans, alongside a strategic focus on digital transformation and AI.
OpenAI has officially launched GPT-6 Astra, hailed as 'the world's most intelligent and aligned model,' designed to excel in computer browsing, software engineering, mathematics, and enterprise workflows, with immediate deployment for select organisations.
'Taxpayers should not ignore any of these notices. Verifying the facts and responding promptly can help resolve issues early and avoid unnecessary litigation.'
Akshay Kumar and Saif Ali Khan reunite in Priyadarshan's dark thriller Haiwaan where Kumar portrays a psychopathic villain and Khan a visually impaired hero.
Education loan defaults carry serious consequences. Credit bureaus record missed payments against both the student and the co-borrower, usually a parent.
Telangana Forest Minister Konda Surekha was dropped from the state cabinet, leading her to accuse Chief Minister A Revanth Reddy of "blackmail politics." Surekha claims her removal was due to critical remarks made by her daughter against the CM and other party leaders, despite the Congress high command not favouring her ouster. She has written to top Congress leaders seeking intervention.
Japan Cricket Association CEO Naoki Alex Miyaji has addressed concerns raised by leading cricketing nations regarding accommodation and facilities for the upcoming Asian Games. Miyaji clarified that hotel stays are offered, teams can make their own arrangements, and temporary yet comfortable facilities have been prepared for players, including washrooms and dressing rooms, despite tight timelines and resource limitations.
A top SBI official has highlighted the challenges bankers face in lending to MSMEs using only GST data, advocating for the integration of alternative data sources like power consumption and telecom records through credit bureaus to improve credit assessment.
A savings or current account with no customer-induced transaction for more than 24 months is classified as inoperative.
Smriti Mandhana breaks plethora of records as India outplay Hong Kong by 137 runs on Thursday to enter Women's Asia Cup semi-final.
'Every period of excessive optimism eventually gives way to a correction, while periods of extreme pessimism often create the best investment opportunities.'
The Allahabad High Court has ruled that investigating agencies cannot impose a blanket debit freeze on a person's bank account during cybercrime investigations. The court stated that restraint must be proportionate to the suspected proceeds of crime, directing banks to de-freeze accounts beyond the disputed amount. This ruling aims to protect innocent account holders from complete financial deprivation due to minor disputed transactions.
Blue Machines AI has launched Floe, a context-aware language detection model designed for AI agents. Floe distinguishes between code-mixing and genuine language switches in multimodal interactions, supporting over 10 Indic languages with ultra-low latency. It aims to improve enterprise AI conversations by understanding user intent in multilingual settings.
'Since the category has a limited track record, assess the fund manager's experience across equity and debt market cycles rather than relying only on past returns.'
'Users should protect their savings goals before allocating money to discretionary expenditure.'
'Applying AI to change the lives of Indians and at population scale -- just like we did with DPI [digital public infrastructure] -- is really where it's going to go.'
