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CREDIT PERIOD
UPI vs credit cards - How India's payments system is boosting savings and benefitting multiple stakeholdersThe Anglo-Saxon economies of the US, United Kingdom and Australia show a reduction in household savings rates along with a growth in credit...
The rise of asset-backed borrowing in India's credit ecosystemAsset-backed borrowing is gaining traction in India's credit market, particularly through gold-backed lending, which provides essential liq...
“Gold loans are no longer just for rainy days”; Experian India's Manish Jain on why demand is risingManish Jain, Country Managing Director, Experian India, discusses the growing demand for gold loans, the lower risk of over-leveraging with...
Tiger Global-backed Moneyview sets IPO price band for Rs 1,092-crore offer. Check key dates, other detailsMoneyview has set its IPO price band at Rs 32-34 per share, with the Rs 1,091.61 crore issue opening on September 24. The IPO comprises a f...
Decoding GDP growth: The good, the bad & the dataET drew up a longlist of more than five dozen indicators across all key themes of the economy— from the external sector and markets to farm...
Oil prices key external risk, but yet to derail growth outlook: Radhika Rao, Executive Director & Senior Economist, DBS Bank"In the near term, priorities will be to manage liquidity, gradually lower the sizable forwards book and support the domestic currency. Lon...
Quote of the day by Whoopi Goldberg: 'We’re here for a reason. I believe a bit of the reason is to throw little torches out to lead people through the dark.' Life lessons from inspirational quote on purpose, inspiration, guidance, empathy, kindness, mentorship and wisdomQuote of the day by Whoopi Goldberg highlights the idea that people can help others through small acts of kindness, guidance and wisdom. He...
FCNR(B) scheme could yield Rs 5.5 trillion notional profit for banks, RBI: SBI ResearchSBI Research indicates FCNR(B) deposits may yield substantial profits for banks and the RBI. The report refutes earlier estimates of signif...
Checkout financing may get festive boost as electronics turn costlierProducts such as mobile phones, laptops and consumer durables have become costlier, partly due to an AI-driven rise in memory chip costs. W...
You might be losing out on money in your savings account: Here's how monthly vs quarterly interest credit impacts your bank balanceWhile many banks credit the savings account interest quarterly, there are some that credit the amount monthly. Basically, monthly interest ...
Moody’s raises India FY27 growth forecast to 7% from 6% on resilient economy, stronger investmentMoody's has raised India's GDP growth forecast to seven percent for 2026-27. Strong private consumption and robust investment are driving t...
Morgan Stanley shifts $10 billion in municipal bond mutual funds to ETFsMorgan Stanley is converting eight municipal bond mutual funds to ETFs. This move will transition nearly ten billion dollars in assets unde...
From UPI to cash? Retailers warn new MDR could hit small merchants ahead of festive seasonRetailers Association of India warns new UPI fees could reverse digital payment gains. Small merchants may shift transactions back to cash,...
Global Market | China’s slower loan growth is becoming the new normal: PBOC Governor Pan GongshengChina’s slower loan growth is emerging as a new normal as weakening property and local government sectors reduce credit demand faster than ...
HDFC credit card holder lost Rs 1.39 lakh in an unauthorised transaction, bank says card details and OTP were used; court orders HDFC Bank to pay him Rs 1.75 lakhAn HDFC Bank credit card holder disputed a Rs 1,39,901 online transaction he said he had never authorised. HDFC Bank argued that card detai...
Reliance Industries to raise Rs 12,500 crore via five-year bondsIn a significant financial maneuver, Reliance Industries aims to secure ₹12,500 crore via a five-year bond issuance, orchestrated by Indian...
'Indian economy more likely to be resilient rather than becoming more vulnerable': CEA V. Anantha NageswaranIndia's economy shows resilience despite global geopolitical and financial challenges. Strong bank credit and GST collections support this ...
BoFA deal to get regulatory go-ahead by December; Jio Credit's product plans, strategy to be redrawn: JFSJio Credit expects regulatory approvals for its Rs 18,268 crore fund raise by December. This capital infusion will enable Jio Credit to re-...
$150 Canada Disability Benefit supplement coming in September: Check payment date, eligibility, payment method and other key detailsThe government of Canada has decided to provide an extra payment of $150 to those who are already receiving the Canada Disability Benefit (...
BlackRock private credit fund sees redemption pressure ease in third quarterBlackRock's flagship private credit fund saw lower redemption requests in the third quarter, signalling that pressure in the sector may be ...