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Digital initiatives to triple Indian retail borrowing to USD 2.5 trillion by 2030: S&P Global
Recognising the impact of digitisation in the country, S&P Global Ratings said that the state-backe…
ANI
Amid declining retail inflation, wholesale inflation in India moderates to 2.04% in July
In line with the moderation in retail inflation, wholesale inflation in India too witnessed a sharp…
ANI
Retail trumps corporate lending as small-ticket loans see fourfold jump in past two years
Personal loans are on the rise. The month of December has seen the category in lending-verse amass …
RAI's Budget wishlist: Lower taxes for individuals, benefits on land rates, electricity
Retailing in India accounts for about 10% of the country's GDP. In its memorandum, the retail assoc…
PTI
Real estate investment trust pitch for direct bank lending, classification as equity
Indian Real Estate Investment Trust (REIT) industry on Wednesday pitched for the entities to get a…
PTI
India's retail inflation eases marginally in April; here's what experts have to say
India's retail inflation eased to 4.83 per cent in April, down from 4.85 per cent in March. However…
ANI
As younger borrowers drive digital loans, proportion of ‘borrowed for less than six months’ rises significantly
The digital lending landscape is primarily driven by younger customers, those aged below 40, who ma…
HDFC hikes its benchmark lending rate by 25 basis points
Housing Development Finance Corp Ltd hiked its benchmark lending rate by 25 basis points, with effe…
RBI tightens norms on personal loans for banks, NBFCs
The Reserve Bank on Thursday tightened norms for unsecured personal loans for banks and non-banking…
PTI
Commercial real estate lending plunged 50% last quarter as the market struggles to break out of its 'logjam,' MBA says
Commercial real estate lending has plummeted 44% from the start of the year, according to data from…
Jennifer Sor
Retail credit continues to boom, but delinquencies need better monitoring, says TransUnion CIBIL
India's retail credit market has continued to experience sustained growth in the second quarter o…
Commercial real estate lending plunged 53% last quarter as sector hits a 'logjam'
"High interest rates, uncertainty about property values, and questions about some property fundamen…
Jennifer Sor
China's banks have dialed back lending to the lowest level in 14 years as economic woes pile up
The People's Bank of China said Friday that new loans reached 345.9 billion yuan in July, less than…
Phil Rosen
Will Jio Fin follow the retail, telecom model and disrupt the financial services sector?
With the listing of Jio Financial Services, the obvious question is the impact that this entity wil…
Cloud lending platform Lentra raises $60 million, will use funds for product strengthening and global expansion
The company said it will use the funds for products and platform strengthening and also for glob…
Walmart does away with layaway, which didn't carry any fees, and announces buy now, pay later program that may charge customers interest
After making layaway a part of holiday shopping since 2006, Walmart will now rely on Affirm, a buy-…
Emily Walsh
RBI may hike benchmark lending rates by 25 bps in April: DBS
The Reserve Bank is likely to hike benchmark lending rates by 25 basis points in its bi-monthly pol…
PTI
India allows small retail investors to directly lend to the government
India becomes the first asian country to offer such facilities and fourth in the world after The UK…
A majority of Millennial and Gen-Z investors are taking personal loans or borrowing from friends and family to invest in stocks
80% of Gen-Z investors and 60% of Millennial investors borrowed money to put into stocks, a new sur…
Natasha Dailey
India's retail inflation rises to a 3-month high; factory output reading shows improvement
India's inflation based on the Consumer Price Index (CPI) stood at a three-month high of 4.81% in J…