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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…
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…
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…
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…
Secured Loans 2.0 — why more and more Indians are turning to gold, shares and mutual funds to get loans
Indians are increasingly turning to secured loans like gold loans and loans against securities (LAS…
Simply Put: Secured Loans 2.0 — why more and more Indians are turning to gold, shares and mutual funds to get loans
Gold loans are surging in India, driven by rising gold prices and a desire for quick cash. Loans a…
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
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…
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…
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 …
Loan scam case: SC cancels bail granted to DHFL's Wadhawans
The Supreme Court on Wednesday cancelled the bail granted to former DHFL promoters Kapil Wadhawan a…
PTI
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…
RBI bats for borrowers, releases guidelines to prevent lenders from levying penal interest on loan defaults
The Reserve Bank of India (RBI) has released guidelines instructing lending institutions to clearly…
Elon Musk sounds the alarm on real estate, warning a spike in defaults on mortgages and commercial loans could hammer banks
Higher interest rates, depressed occupancy levels, tighter lending, and pressure on asset prices co…
Theron Mohamed
The banks which loaned Elon Musk money to help buy Twitter expect to lose $2 billion on the debt, report says
Elon Musk's Twitter purchase was funded by $13 billion of loans from banks like Morgan Stanley. Now…
Pete Syme
Bombay HC frowns at PNB for inaction on diamantaire Nirav Modi's loan frauds
The Bombay High Court has pulled up the Punjab National Bank (PNB) for not taking steps to recover …
The vicious circle behind bad loans. Should banks be revealing the names of the big loan defaulters?
Here is what proxy advisory firm founders- Amit Tandon, Founder & MD, IIAS and Shriram Subramanian,…
RBI has taken two Srei companies out of board control after payment defaults
Kolkata based Srei Group companies enter insolvency proceedings as the Reserve Bank of India (RBI) …
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
RBI announces auction sale of Govt. securities of ₹32,000 crore
The Reserve Bank of India has announced the auction for the sale of Government Securities worth Rs …