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2 mins read

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   


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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   


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3 mins read

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 …

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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   


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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   


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3 mins read

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   


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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…

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1 min read

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…

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1 min read

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   


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1 min read

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   


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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…

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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   


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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   


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4 mins read

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…

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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…

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2 mins read

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   


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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   


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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…

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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   


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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…