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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…
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…
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
India’s microfinance loan portfolio stands at ₹3 lakh crore with 6 crore unique borrowers
The Indian microfinance loan industry today serves 6 crore unique borrowers having 11.8 crore loan …
One chip company's newest tactic to attract workers: Help pay off their student loans
GlobalFoundries, a New York-based chipmaker, is offering employees up to $28,500 in student debt re…
Jacob Zinkula
Bihar surpasses Tamil Nadu to top average borrower loans in the country
The microfinance sector in India continues to grow, with a total outstanding portfolio of ₹337.6 th…
Microfinance lending shows strong growth in 2022, NBFC MFIs dominate the market
Average balance per account witnessed quarterly growth of 0.8% and grew 5.2% Y-oY as of December 22…
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
Welcome to interest-rate cut week: Here's how the Fed's next move will impact everything from home prices to new cars loans
The Federal Reserve is expected to finally announce interest-rate cuts this week. Here's everything…
Madison Hoff,Ayelet Sheffey
1 in 2 micro loans are being rejected since April, thanks to RBI's new microfinance framework
One out of every two applications for small loans have been rejected ever since the Indian central …
Gurgaon-based Indifi disbursed ₹2,800 crore worth of loans to small business owners
Gurgaon-based Indifi disbursed ₹2,800 crore worth of loans to small business owners
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…
I live rent-free in NYC. Moving into a van has allowed me to save, avoid taking out loans, and live a life of adventure.
Gerardo Rios Garcia got accepted into Columbia University, packed up everything, and drove his van …
Gerardo Rios Garcia
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 …
Inspiring Stories of Women Entrepreneurs on Flipkart's Platform
Gone are the days when the aspirations of Indian women were confined to the boundaries of their hom…
Student-loan borrowers are taking on more debt, and it's not all tuition — blame skyrocketing housing costs
College towns have gotten so expensive that some students are going deeper into debt to afford hous…