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7 mins read

Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans

India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…

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6 mins read

Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans

India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…

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6 mins read

Boom or bust — how RBI’s decision to leave rates unchanged affects homebuyers

If you're an aspiring homebuyer, now is not the time. And if you're already paying home loan EMIs, …

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2 mins read

Loan sanctioning has gone digital, but recovery still needs a 'feet on the street' approach, says RBI Deputy Governor

He also highlighted one particularly concerning practice that involves the invasion of customers' p…

ANI   


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3 mins read

Bank bosses aren't worried about lower interest rates — and even see some upside

Bank executives said that lower rates appear to be boosting demand for mortgages, refinancing, and …

Theron Mohamed   


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6 mins read

Simply Put: Boom or bust — how RBI’s decision to leave rates unchanged affects homebuyers

The RBI keeps repo rates at 6.5% for the 10th time despite global rate cuts. This decision affects …

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3 mins read

The Biden administration is giving entrepreneurs a shot at loans up to $2 million for climate-focused projects

The SBA is increasing its maximum loan amount for climate-focused projects as part of the green len…

John Towfighi   


Jacob Zinkula   


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5 mins read

Digitally-native Gen Zers aren't immune to romance scams

Zoomers grew up with technology at their fingertips. But as scams evolve and get more sophisticated…

Lindsay Dodgson   


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2 mins read

The Federal Reserve gives Americans another interest rate cut

Two days after Donald Trump won the presidential election, the Federal Reserve announced a 25-basis…

Ayelet Sheffey   


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2 mins read

Reserve Bank may act against more NBFCs to keep obscure lending practices in check, says Morgan Stanley

Earlier this month, the apex bank had already issued a stern warning to the NBFC sector, discouragi…

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4 mins read

India’s corporates in ‘wait and watch’ mode as consumption loans zoom

Large corporates are still not driving India’s credit growth as private capital expenditure is yet …

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2 mins read

RBI governor asks realty companies to stress test their books

The governor of Reserve Bank of India (RBI) Shatikanta Das said on Wednesday that the recent measur…

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3 mins read

78 pc of consumers choose digital banking over cash transactions

Nearly 80 per cent of financial institutions have seen an increase in cashless transactions over th…

ANI   


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3 mins read

Chanda Kochhar, her husband's arrest in loan fraud case amounts to abuse of power by CBI: HC

The arrest of ICICI Bank's former Managing Director and Chief Executive Officer (CEO) Chanda Kochha…

PTI   


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5 mins read

Big Tech is hyping up the power of AI tools. Some of their clients aren't as impressed.

The tech industry's big plans for AI have hit a roadblock: Some of their customers don't find the t…

Dan DeFrancesco   


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2 mins read

China's consumers aren't buying stuff, but it's not because they're broke

China's household deposits reached a record high of around 147 trillion yuan, or $20.2 trillion, at…

Huileng Tan   


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4 mins read

Lower interest rates could be coming soon. Here's what's at stake if they aren't.

Interest rate cuts could finally come this year. Economists explained the benefits of rate cuts and…

Madison Hoff,Ayelet Sheffey