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1 min read

Hamas leader killed in an apparent Israeli hit in Beirut recently said he was 'living on borrowed time'

Saleh Arouri, who was on Israel's hit list, was killed in a drone strike Tuesday. Last August, he s…

Joshua Zitser   


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3 mins read

Borrowers with multiple personal loans a big risk to profitability of banks and NBFCs

Raging inflation is not just burning a hole in the pockets of consumers. It is also impairing the a…

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3 mins read

Armed with better credit scores, female borrowers grow in numbers: CIBIL

The number of women borrowers is on the rise, with growth rates higher than those of men. This is d…

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4 mins read

AI might revolutionize how we borrow money. But is that a good thing?

The US system for analyzing borrowers is flawed, but using cutting-edge tech like AI might not be t…

Dan DeFrancesco   


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1 min read

Indian banks' credit profiles well placed to weather global banking sector stress: Moody's

The credit quality of Indian banks and non-bank financial institutions will remain resilient despit…

ANI   


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2 mins read

Billionaire investor Ken Fisher 'debunks' debt-crisis risk Ray Dalio warned of - borrowings are 'not the problem you think it is'

Ken Fisher has quashed the US debt crisis 'myth' in a recent Youtube video, explaining how the Amer…

Joseph Wilkins   


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2 mins read

Overseas bond issuances may fall this year on elevated borrowing cost say experts

Fund raising through overseas bonds is likely to fall in the current financial year due to elevated…

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2 mins read

Elon Musk bemoans selling Tesla stock to buy Twitter - and pokes fun at Michael Burry for deleting his profile

The Tesla, SpaceX, and Twitter CEO warned investors against buying stocks using margin debt, as the…

Theron Mohamed   


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4 mins read

India Inc.’s credit profiles improve as earnings growth outpaces debt: S&P

Rising interest rates, inflation and forex risks are likely to have a low to moderate impact on Ind…

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1 min read

Crypto investing could get a boost as credit-reporting deal to ease borrowing

TransUnion and Spring Labs have partnered to make credit data available on public blockchain networ…

Phil Rosen   


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2 mins read

Sam Bankman-Fried doesn't 'have the typical profile of a crook' – and his fear of failure might explain FTX's collapse, Bill Ackman says

Like convicted fraudster Bernie Madoff, SBF was "unwilling to accept the consequences of failure an…

George Glover   


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6 mins read

$50 billion of student debt could be entitled to automatic cancellation in bankruptcy but borrowers may not know about it

The report by the Student Borrower Protection Center is the first estimate of how much private stud…

Cezary Podkul   


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8 mins read

This Social Enterprise Runs A Global Crowd-funding Platform; Eyes $3-5 Million In Series B Funding

Unlike many other ventures in this space, this social enterprise is a for-profit concern, but has n…

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2 mins read

Watch Out! Your Facebook or LinkedIn profile might be getting your loans approved or rejected

In a nutshell, applicant’s credit score ascertains his ‘creditworthiness', giving lenders a measure…

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1 min read

Viral Acharya says increased government borrowing will make corporate loans costlier

Acharya announced his resignation from the central bank in June citing ‘unavoidable personal r…

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2 mins read

CreditAccess Grameen to roll out loan moratorium scheme for borrowers

"The impact of COVID 19 has had a minimal impact on our business as we operate more in the rural ar…

PTI   


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2 mins read

Stressed NBFC sector relying more on banks for borrowings: Care Ratings

Banks' advances to NBFCs stood at Rs 7.37 lakh crore as of January 2020 compared to Rs 5.47 lakh c…

PTI   


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2 mins read

Sudden spike in bank deposits in Jan-May on account of rise in borrowings, not savings: Report

Traditionally, banks competed on franchise, geographical spread and customer service levels for ac…

PTI   


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5 mins read

The ₹4,600 crore IPO from IRFC is ‘attractive,’ and the best thing about the borrowing arm for Indian Railways is the assured margin

The ₹4,634 crore initial public offering (IPO) of Indian Railway Finance Corporation (IRFC) is now …

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2 mins read

Credit Suisse is reportedly weighing the replacement of high-profile executives, including its risk chief, following Greensill and Archegos crises

The recent Greensill and Archegos crises have left Credit Suisse under greater scrutiny, putting tw…

Theo Golden