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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…
Travel, Eat, and Have Fun: How Indians plan to spend their holidays
57% of Indians were okay spending a little extra to get a good quality in-flight meal. For 47%, goo…
EV makers slide on report Trump wants to scrap EV tax credit
Trump's transition team is looking to do away with the $7,500 tax credit for EV sales as part of b…
Matthew Fox
16 million credit cards purchased in FY 2023-24, UPI payments up by 42%: PwC report
16 million credit cards purchased in FY 2023-24, UPI payments up by 42%: PwC report
Private credit deals to touch $10 billion in 2024, says EY report
Major deals were seen across real estate, infrastructure, and healthcare sectors in the first half …
PTI
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
Here’s how a Reddit user was able to get an iPhone 16 at under ₹27,000
Credit cards are great if you use them correctly and pay your dues on time. They not only help you …
Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report
As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…
Credit growth in banks continues to exceed deposits, says new SBI report
The State Bank of India reported that credit growth in Indian banks has been consistently outpacing…
ANI
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…
Inside Blackstone's growing 'credit juggernaut'
Credit is now Blackstone's largest business by assets. COO Jon Gray explains why it's "very early d…
Alex Nicoll
Why Musk supports Trump getting rid of EV tax credits
Elon Musk has said ending tax credits of up to $7,500 for electric vehicle purchases would "devasta…
Graham Rapier
Banks' gross NPAs at 12-yr low, may fall further to 2.5%: RBI report
Among bank groups, public sector banks (PSBs) recorded a substantial reduction (76 bps) in their GN…
PTI
Welcome to credit card points mania
Gen Zers explain the credit cards they're using to get the best rewards and live a life of more lux…
Juliana Kaplan
Credit offtake expanded by Rs. 20.4 lakh crore, deposits by Rs 23.9 lakh crore over the last 12 months
Credit offtake is a type of bank credit that assists businesses in getting financing for future pro…