A study reveals that the poor still rely on informal lenders for emergency funds. Piramal Enterprises suggests NBFCs can bridge this gap with regulatory support. Micro-businesses and weaker segments remain underserved, depending on informal channels. Covid-19 increased reliance on informal credit, especially in lower-income states. State-level disparities exist, with some states heavily reliant on informal borrowing.
Oil Price Today (July 3): Crude oil heads for 4th weekly loss on Hormuz traffic, US-Iran talks. Where is liquid gold headed?
Brent crude hovered near the $71-a-barrel mark after briefly dipping below that level in the previous session, while US benchmark West Texas Intermediate (WTI) traded
July 3, 2026