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Loan sanctioning has gone digital, but recovery still needs a 'feet on the street' approach, says RBI Deputy Governor
He also highlighted one particularly concerning practice that involves the invasion of customers' p…
ANI
Gold loan market projected to double in 5 years to Rs 14.19 lakh crore, says PwC India's report
Lenders are also expected to implement cost optimisation initiatives that will help drive up the bo…
PTI
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
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
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…
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 …
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…
Utkarsh Small Finance Bank stock closes 90% above its IPO price
Utkarsh Small Finance Bank stock made its debut on the bourses at ₹40 which is a 60% premium over i…
Utkarsh Small Finance Bank IPO subscribed 101x as QIBs make a beeline for it
Utkarsh Small Finance Bank’s ₹500 crore IPO was subscribed 4.7 times over on the first day of the i…
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…
Fino Payments Bank has its eyes set on becoming a small finance bank
ino Payments Bank is keen to become a small finance bank after having completed five years of opera…
PTI
Paytm’s offline payments strengthen, loan distribution biz gains scale in Q4
Paytm reported an increased subscription of merchants for its payment devices and growth in its pay…
BharatPe acquires 51% stake in Mumbai-based NBFC Trillion Loans
BharatPe Group has acquired a controlling stake in Mumbai-based NBFC Trillion Loans, a provider of …
A man from Georgia blew most of his COVID-19 small business loan on a $58,000 Pokémon card, prosecutors say
Federal prosecutors say Vinath Oudomsine lied about the size of his business, and then spent most o…
Grace Dean
Rupee headed lower as RBI intervention unlikely to be "aggressive"
The Indian Rupee has lost nearly a tenth of its value against the US Dollar this year, and analysts…
The US housing market hits a record value of $47 trillion as the inventory shortage fuels a price boom
The total value of the US housing market topped last year's record of $46.6 trillion, with a nation…
Phil Rosen
I'm a real estate investor who makes over $20,000 a month in passive income. Here's how I got started with a FHA loan — and the caveats to be aware of.
Real estate investments can be a lucrative source of passive income. An investor who earns six figu…
Robin Madell
MSME Exchange 2023 goes live on Jan 18: Get insights from leading voices that matter
And to acknowledge these powerhouses, at Business Insider India, we are setting the stage for in…
Kevin O'Leary's warning rings true as a worsening credit crunch crushes America's small businesses
The gap between short-term loan costs for small businesses and debt rates for other corporates has …
Zahra Tayeb
HDFC says demand for home loans remains strong despite higher rates
Housing Development Finance Corporation today reported a 22% growth in profit after tax at ₹ 3,669 …