The retail credit market experienced a slowdown in the last quarter. New loan originations grew at a slower pace. This happened despite the...

Lenders' caution on issuing consumption-driven loans led to a 21% decline in loans to new-to-credit (NTC) customers by end-December 2024. G...

The demand for credit among women in India has tripled between 2019 and 2024, with 60% coming from semi-urban and rural areas. Business and...

The Congress has raised concerns over the dramatic increase in gold loans, attributing the economic crisis to the Modi government's mismana...

Women borrowers in India have increased at a compounded growth rate of 22% over the past five years, with a significant number from semi-ur...

Credit monitoring by women in India increased by 42% in 2024, with a significant rise in credit penetration among semi-urban and rural area...

NITI Aayog, on Monday, released a report titled “From Borrowers to Builders: Women’s Role in India’s Financial Growth Story, jointly publis...

Women in India are increasingly monitoring their credit scores, with a 42% rise in self-monitoring as of December 2024. Non-metro areas sho...

Credit card usage in India has surged, with active cards doubling to 108 million and transaction value tripling to ₹20.37 lakh crore in fiv...

Missing a loan payment, even for one day, can harm your credit score. This can lead to higher interest rates on future loans. Banks may als...

Axis Bank became the fourth largest credit card issuer in Q2 FY25, with a 14% increase in Cards in Force. Credit card transactions surged, ...

Credit card defaults among young millennials have increased, driven by BNPL schemes and e-commerce purchases on EMIs. Credit card outstandi...

India's retail credit growth slowed in June 2024, driven by a significant drop in home loan originations. The TransUnion CIBIL report shows...

Data from TransUnion CIBIL indicates an improvement in credit culture, with the share of prime-rated borrowers rising to 55% by June 2024. ...

The share of prime-rated individual borrowers in India has increased, indicating an improvement in credit culture, according to TransUnion ...

CIBIL score: A doctor had AMEX credit card issued by a bank with credit limit of Rs 3.25 lakh. However his bank reported him as a defaulter...

The Mumbai-based startup plans to use the newly infused funds to strengthen its product offerings and expand its business and operations.