The share of non-bank sources in additional financing to the commercial sector increases from 43% to 45%

RBI officials noted that bank credit growth strengthened in key sectors in October, namely industrials, services and personal loans. The overall flow of financial resources to the commercial sector during FY2026 (till November 28) remained strong, supported by more robust non-bank intermediation, RBI’s latest monthly bulletin said. The total flow of funds to the commercial […]

Dugar Finance raises $18 million in Swiss-led debt financing

Ramesh Dugar, Founder and Managing Director, Dugar Finance MSME lender Dugar Finance & Investments Limited has raised $18 million (₹160 crore) in a debt financing round led by Switzerland-based impact investor Symbiotics. The capital will enable Dugar Finance to enter new geographies, deepen distribution in underserved regional markets and further strengthen its analytics-based lending and […]

BharatPe & YES BANK launch ‘Pay Later with BharatPe’, an instant credit on UPI

BharatPe, one of India’s leading fintech companies, in partnership with YES BANK on Monday announced the launch of ‘Pay Later with BharatPe’ Credit on UPI, powered by NPCI. This new product is designed to democratize access to credit across Bharat, allowing both consumers and merchants to manage their financial needs with ease. According to a […]

Insurance bill for 100% foreign direct investment is now law, implementation dates to be announced later

The government has notified the ‘Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill’, which will usher in major reforms in the insurance sector, besides increasing the foreign direct investment limit from the current 74 percent to 100 percent. “It shall come into force on such date as the Central Government may appoint, by notification […]

RBI could further cut repo rate by 25 basis points to 5% at February policy meeting: UBI report

The Reserve Bank of India (RBI) may cut the repo rate by 25 basis points (bps) at its monetary policy meeting in February, bringing down the benchmark interest rate to 5 percent, a Union Bank of India report showed. The report highlighted that there is scope for a final rate cut of 25 basis points […]

Hidden Pitfalls in Debt Relief Ads: What They Don’t Tell You

Episode introduction Steve Rhode: Back with the Get Out of Debt Guy, I’m Steve Rhode, the old, authentic Get Out of Debt Guy. And you know, if you’re in debt and have a phone, you probably recognize this particular problem, because every time you open TikTok, Instagram or Facebook, there’s another secret program. Damon day: […]