You Searched For "consumer lending" and got 20 results
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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…
2 mins read
SBI economists see Q2 GDP growth slowing down to 6.5%; FY25 growth to be closer to 7%
Economists at SBI predict a dip in India's GDP growth to 6.5% for the September quarter, citing pre…
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…
2 mins read
RBI to set up public repository of digital lending apps to check unauthorised players
In a post-monetary policy review address, RBI Governor Shaktikanta Das said the central bank has ta…
PTI
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
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 …
2 mins read
SBI report says inflation will remain around 5 per cent this fiscal
Recent data indicates that the Consumer Price Index (CPI) inflation rose to 5.08 per cent in June 2…
ANI
2 mins read
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…
2 mins read
RBI to come up with unified regulatory framework on connected lending
The Reserve Bank of India (RBI) said on Friday that it will come up with a unified regulatory frame…
2 mins read
Embedded consumer lending platform Niro raises ₹90 crore in Series A funding round
Bangalore-based Niro has completed its Series A funding round, raising $11m to expand its platform,…
2 mins read
RBI expected to hold rates for the 5th time in a row, no cuts likely before Q2FY25
The Reserve Bank of India’s Monetary Policy Committee paused its rate hike cycle from February this…
2 mins read
The Indian e-commerce market is growing at the rate of knots courtesy rapid digital transformation
India has cemented its position as a pioneer in developing and integrating digital infrastructure. …
1 min read
Why banks and consumer groups have become unlikely allies
Trade groups are warning that the Basel III proposal could unintentionally curb credit supply, with…
Filip De Mott
3 mins read
Mixed-bag festive season spells speed bumps for consumer companies
The third quarter of India is known for its many festivals, weddings and much more and is thus the …
2 mins read
Upstart plummets 52% as the consumer lending platform points to recession risks and cuts its full-year outlook
"Given the hawkish signals from the Fed, we anticipate prices will move even higher later this year…
Carla Mozée
2 mins read
Google for India – Sachet loans to credit on UPI, tech giant bets on lending
Search giant Google has made several major announcements for India at their annual Google for India…
2 mins read
Lending to consumers has dropped as banks move quickly to further tighten credit standards after the failure of SVB, Fed survey says
The Dallas Fed's survey of banking conditions in mid-to-late March showed overall loan volume fell.…
Carla Mozée
3 mins read
'The credit crunch has started': Here's what tighter lending standards mean for American consumers and businesses as banks navigate the SVB wreckage
About 45% of banks made it more difficult to get loans before two banks failed, and tightening of l…
Carla Mozée
2 mins read
RBI's vigilance: New consumer credit norms to bolster India's financial stability amidst surging loan growth
In a proactive move aimed at mitigating potential systemic risks associated with the rapid growth o…
ANI
2 mins read
Recession odds are 'very high' as economy looks poised to see an unemployment wave and plunging consumer spending, chief economist says
"Is it possible the Fed cuts rates very dramatically? Yes. But that's only going to happen or most …