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2 mins read

After UPI, RBI set to launch Unified Lending Interface (ULI) for friction-less credit

The ULI platform facilitates a seamless and consent-based flow of digital information, including ev…

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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2 mins read

External borrowings to meet capital needs putting pressure on bank's net interest margins, says a report by SBI Securities

The banks in the country are facing challenges due to a slowdown in deposit growth, according to a …

ANI   


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2 mins read

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   


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3 mins read

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…

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10 mins read

Credit card rewards are turning us into jerks

The battle to rack up credit-card rewards is turning friends against each other.

Emily Stewart   


Business Insider Latest Story Image
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 …

Business Insider Latest Story Image
2 mins read

HDFC bank sees muted quarterly business; share drops 4.15% during trade today

Anticipating that HDFC Bank's foreign inclusion factor to increase from 50% to 100% in the MSCI Ind…

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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…

Business Insider Latest Story Image
3 mins read

Deposit rates rise faster than lending rates in March 2023: CareEdge

In March 2023, both lending and deposit rates rose, but the rate of increase was faster for the dep…

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2 mins read

RBI to come up with unified regulatory framework on connected lending

The Reserve Bank of India (RBI) said on Friday that it will come up with a unified regulatory frame…

Business Insider Latest Story Image
1 min read

Jamie Dimon says there could be 'hell to pay' if the swelling private-credit market starts showing cracks

The JPMorgan Chase boss likened some private credit deals stamped by the rating agencies to shoddy …

Filip De Mott   


Business Insider Latest Story Image
7 mins read

Banks have finally fixed the single most annoying thing about credit cards

Banks are using huge amounts of data to separate legitimate purchases from scams. That's great for …

Emily Stewart   


Business Insider Latest Story Image
1 min read

Commercial real estate lending fell for the first time in 2 years last month as credit conditions tighten

Commercial real estate debt fell to $5.44 trillion in June, the first time net lending in the secto…

Jennifer Sor   


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4 mins read

Demand for private credit booms in 2023 as funding winter deepens

A report by Praxis Global Alliance and IVCA reveals that 2023 is on track to be the most successful…

Business Insider Latest Story Image
2 mins read

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   


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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…

Business Insider Latest Story Image
7 mins read

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…

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2 mins read

As younger borrowers drive digital loans, proportion of ‘borrowed for less than six months’ rises significantly

The digital lending landscape is primarily driven by younger customers, those aged below 40, who ma…

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4 mins read

RBI expects India’s GDP to grow at 7% in FY24; keeps repo rate unchanged

The Reserve Bank of India (RBI)’s Monetary Policy Committee unanimously decided to keep the repo ra…