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Consumption loan portfolio expands 15% to Rs 90 lakh crore in FY24, notes CRIF report
The home loans portfolio saw growth slowing down to 7.9 % YoY in FY24, from the 23 % expansion seen…
PTI
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 …
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, …
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 …
We’d like to curtail consumption-led loans with no clear end use: RBI Dy Governor
“The loans in the under ₹50,000 segments is less than half a percent of total outstanding. The…
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 …
RBI tightens norms on personal loans for banks and NBFCs; stocks to be under pressure
Shares of SBI Cards, RBL Bank, HDFC Bank and ICICI Bank are expected to come under pressure after…
RBI crackdown on personal loans – Bajaj Finance, IIFL, Aditya Birla and SBI Cards to take a bigger hit, say analysts
Reserve Bank of India’s crackdown on personal loan disbursals by banks and non-banking finance comp…
The dark truth behind RBI’s crackdown on easy personal loans
The Reserve Bank of India tightened capital norms for lenders disbursing unsecured loans to unsuspe…
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…
A woman in Brazil was arrested after she seemingly attempted to get a dead body in a wheelchair to sign for a bank loan
The woman insists that the man, who she said was her uncle, was still alive when they entered the b…
Polly Thompson
Here's why the restart of student loan payments won't end up dragging down the economy
"We do not expect the resumption of student loan payments in October to be a watershed moment for c…
Matthew Fox
Student loan payments are about to drain $8 billion a month from consumers, and spending will start contracting early next year
Student loan payments resume next month, and Fitch predicted delinquency rates will quickly reach p…
Filip De Mott
I live on a boat to help me pay off my $80,000 student-loan debt. Living this way has expenses, but I think there's a financial upside.
Cody Plante regrets his graduate school loans and said now he may die with some debt if he doesn't …
Jen Glantz
Consumer stocks face big risks as Americans' wallets are battered by high gas prices, student loans, and expensive housing, Morgan Stanley's CIO says
Soaring gas prices, resuming student loan payments, and unaffordable housing costs are reasons why …
Jennifer Sor
The US consumer isn't in trouble. Here are 5 stats that show Americans will be fine even amid dwindling savings and student loan payments.
Consumers have $169 trillion in assets and just $20 trillion in debt. That's a healthy balance shee…