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Veritas Finance joins Unicorn ranks with ₹240 crore funding boost

In Short:Veritas Finance, a Chennai-based lender for micro and small businesses, has become a unicorn with a valuation of ₹8,500 crore after raising ₹240...

REC Ltd secures $200 mn green loan from Deutsche Bank AG

In Short:State-owned REC Ltd has secured a $200 million loan from Deutsche Bank AG to fund green projects in India. This collaboration between an...

Major banks experiencing decrease in deposits and credit since March; smaller banks performing better

In Short:Two major Indian banks, HDFC Bank and Bank of Baroda, reported a decline in loans and deposits in the June quarter of FY25....

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