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You Searched For "bank defaulters" and got 17 results


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2 mins read

Credit card growth experiencing a slowdown, as borrowers struggle to pay back loans

Growth in credit card spending across the system has dropped to about 13% year-on-year (y-o-y) in A…

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2 mins read

Indian banks to have steady growth in earning over next 3-4 years, fees from unsecured lending may dip, notes Jefferies report

Jefferies reports Indian banks are poised for steady earnings and return growth over the next 3-4 y…

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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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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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2 mins read

Weekend wrap: Nvidia’s AI-driven surge, Indian banks’ steady growth and more

Nvidia has become the world's largest company amidst an AI boom, surpassing Apple. Meanwhile, the U…

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3 mins read

Congress criticises SBI's decision to convert SIIL debt into equity, urges RBI intervention

The State Bank of India (SBI), being SIIL’s largest lender, found itself at the centre of this fina…

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1 min read

Fitch Ratings: Indian banks' viability ratings set to flourish amid improved conditions

Fitch foresees the continuation of robust Viability Ratings (VR) for Indian banks, largely propelle…

ANI   


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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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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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2 mins read

Satya Nadella says Google should've been the 'default winner' of the AI race

Satya Nadella said Google has the resources that should've made it the Big Tech AI leader. Instead,…

Jyoti Mann   


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1 min read

Defaults of high-yield corporate bonds are accelerating and could bring a $46 billion wave of distressed debt in 2024, Bank of America says

Defaults could ramp up by 1.5 times next year from the $30 billion level seen over the past 12 mont…

Jennifer Sor   


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2 mins read

Deutsche Bank's shares slide 10% as bets it will default on its debt soar

Investors are still fretting about the health of Europe's banks after Credit Suisse's rescue by UBS…

George Glover   


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1 min read

The federal government's bank account just saw a sharp drop in cash as the default deadline looms

The Treasury General Account had $87.4 billion on Monday, down from $140 billion on Friday.

Jason Ma   


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2 mins read

Wall Street sees this opaque corner of financial markets as the likeliest source of a credit crisis, Bank of America says

Investors now see "shadow banking" as the leading source of a potential credit event, respondents i…

Filip De Mott   


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3 mins read

Have a home loan? Take a term insurance policy to guarantee peace of mind

Any individual who is looking to take on a loan needs to factor in ways to mitigate the risks that …

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2 mins read

Bond giant PIMCO sees another wave of bank failures coming as commercial mortgage trouble mounts

A high concentration of commercial real estate loans will cause more banks to fail, Pimco's John Mu…

Filip De Mott   


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2 mins read

Prem Watsa-backed Fairfax India commits up to $200 mn to IIFL Finance

Indian-Canadian billionaire Prem Watsa-backed Fairfax India on Wednesday announced its commitment t…

PTI