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CREDIT HISTORY
Govt pushes PSU banks to develop loan products of up to ₹1 lakh each for street vendorsPublic sector banks are developing new loan products up to ₹1 lakh for street vendors, aiming to help them build credit histories and trans...
RBI allows guarantee cover for TReDS financing in fresh directionsThe Reserve Bank of India has enhanced credit access for MSMEs by allowing financiers on TReDS platforms to secure guarantee cover for fina...
Married after a 5-minute video call, sought divorce 9 days later: Chinese man's story sparks debateA Chinese man, pressured by family, married a woman after a brief video call and three days of acquaintance. Nine days later, he sought a d...
NRI credit cards: Rewards and lounge access aren’t everything, what more NRIs should know before getting an Indian credit cardFor Non-Resident Indians (NRIs), an Indian credit card offers significant benefits beyond convenience, including building a crucial CIBIL s...
Credit flow to bottom tier slows as microfinance lenders turn to safer borrowers: SIDBI-EquifaxCredit access for bottom-of-the-pyramid borrowers in India has slowed as microfinance lenders turn cautious after two years of asset qualit...
Have limited or no credit history? FD-backed SBM Paisabazaar Paisa+ credit card helps build credit; offers up to 7% FD returns
India’s first choice for cars is going second-handIndia’s car market is shifting gears: why stretch for a new hatchback when a used SUV gets you further? A booming pre-owned market is redef...
Street vendors earn more, go digital under PM-SVANidhiThe PM-SVANidhi scheme has significantly boosted street vendor incomes by 20%. Digital transactions by vendors have nearly doubled, reachin...
Rising prices may hit festive smartphone demand, dent annual sales by up to 30%: ReportSmartphone prices are rising in India. This could cause many buyers to delay purchases or buy used phones. Annual sales might drop signific...
Rising prices may hit 54 pc of festive smartphone demand, denting annual sales by up to 30 pcIndian consumers may delay buying new smartphones or opt for used devices if prices continue rising. This trend could significantly impact ...
India shaping global thinking on digital finance: PK MishraIndia is leading global digital finance discussions. Its digital public infrastructure is being studied worldwide. The Unified Payments Int...
Bajaj Finserv to up mkt share despite competition, aims to serve every Indian household in 10 yrs: CMDBajaj Finserv aims to expand its market share and reach every Indian household within the next decade, leveraging India's economic growth a...
ETtech Explainer: AI is writing most of the code for companies — what this meansAI is now writing a large part of code for tech companies. Google, Microsoft, Meta, and Indian firms like Meesho and Freshworks are using A...
India must leverage its digital verification architecture to evolve into a trust-based economyIndia faces a low-trust economy with high friction, exemplified by complex KYC norms. Finance Minister Nirmala Sitharaman highlighted this ...
Instant ₹10,000 loan approval strategy: How to pick lenders offering the best interest ratesA ₹10,000 instant personal loan may look small on paper, but that doesn’t mean you should choose a lender casually.
Fintech firm Credilio raises Rs 78 crore led by Cornerstone VenturesFintech startup Credilio Financial Technologies has secured Rs 78 crore in funding led by Cornerstone Ventures, alongside Rs 23 crore in ve...
How secured loans can open new doors to credit-based growth for MSMEsSecured loans offer MSMEs a pathway into the formal credit system, eliminating the need for years of audited financials or a long operation...
No campus housing? Key renting rules for Indian students in the USIndian students pursuing education in the US on F1, M1, or J1 visas often face challenges securing off-campus housing. Landlords typically ...
- Lending institutions prefer clients with credit score of 800 and above
An individual's Cibil TransUnion Score provides loan provider with an indication of the "probability of default" of the individual based on...
- Microfinance: Track credit histories, urge repayment
Microfinance is in bad odour - politicians accuse it of driving poor borrowers to suicide, the media, including this newspaper, carries sto...