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1 min read

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   


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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   


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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 …

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2 mins read

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…

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3 mins read

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…

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2 mins read

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…

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4 mins read

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 …

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2 mins read

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…

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2 mins read

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…

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3 mins read

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…

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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…

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2 mins read

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…

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3 mins read

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…

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3 mins read

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…

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2 mins read

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…

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3 mins read

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 …

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5 mins read

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   


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3 mins read

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   


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4 mins read

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…

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3 mins read

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…