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Paytm to focus on big ticket loans to low-risk credit-worthy customers
India's leading payments and financial services distribution company Paytm has announced its expans…
ANI
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
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 …
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…
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…
ESAF Small Finance Bank IPO subscribed 73x as QIBs rush in
The ₹463 crore ESAF Small Finance Bank’s initial public offer (IPO) was subscribed 8.3 times at the…
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…
Fintech personal loans log 62% of sanction volumes in FY24 first half in India: FACE report
Fintech personal loans have grown steadily in the country and contributed to a third of overall act…
ESAF Small Finance Bank lists at 20% premium but below grey market expectations
ESAF Small Finance Bank made its D-street debut at a 20% premium on Friday. This is lower than what…
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…
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…
OPINION: How new age NBFCs are changing the small ticket business loan landscape in India
As of March 2021, India’s total lending market size stood at ₹156.9 lakh crore, recording around 10…
INTERVIEW: After six months of lending, Sheroes founder explains how tough it is
Delhi-based women-only social network Sheroes is now expecting to go big in the lending space by pr…
Instamojo is now approving small ticket loans on WhatsApp and it has become an instant hit
Fintech platform Instamojo has taken its ‘sachet loans’ to WhatsApp. Sachet loans are small-sized l…
Loan growth showing signs of reversal from cyclical highs, but asset quality to remain healthy
Loan growth in the Indian banking sector is starting to show signs of reversal from cyclical highs …
I became a 'dad for hire' because I missed parenting. I've assembled furniture, given car-loan advice, and even attended a parent-teacher conference.
If you live in New York City, you can hire Jeff Yablon of Rent-a-Dad for $80 an hour to "do the stu…
Jenny Powers
The Biden administration wants to completely ban the hidden fees that make your plane and concert tickets unexpectedly expensive
Along with a proposal to ban junk fees that "plague" consumers, the CFPB is also refunding $140 mil…
Ayelet Sheffey,Juliana Kaplan
Home buying sentiment to weaken but new supply is kicking in say analysts
In the meanwhile, buoyed by the pandemic-induced demand and falling inventory, real estate d…
Mumbai’s real estate sector registers its best July in a decade even as home loan interest rates rise
According to a report by Edelweiss Securities, Mumbai’s real estate sector reported a 15% year-on-y…