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CREDIT INFORMATION BUREAU
Share of new-to-credit customers rises to 50% in June 2026 from 24% in June 2016: TransUnion CIBIL-FIDC reportNBFCs now account for half of India’s new-to-credit (NTC) borrowers, up from 24% in 2016, according to a TransUnion CIBIL-FIDC report cover...
Fuel-efficiency rules 2027: How CAFE-III norms will affect EVs, hybrids, small cars & petrol vehiclesIndia’s CAFE-III norms will come into force from April 1, 2027, tightening fleet-wide fuel-efficiency targets for passenger vehicle manufac...
US stocks: Nasdaq rises while S&P, Dow dip as softer inflation cools Fed hike betsOn Wednesday, inflation data led to mixed market movements, with the Nasdaq increasing slightly. The Dow and S&P 500 faced declines, althou...
200 AI agents, humans on standby: Inside Ignosis AI’s debt-collection operationThe Ahmedabad-based startup says its agents manage collections for four to five lakh borrowers a month and handle 70-80% of cases without h...
FM Nirmala Sitharaman rejects UPI MDR 'misconception,' says charge won't be passed to consumersFinance Minister Nirmala Sitharaman confirmed that the Merchant Discount Rate on UPI payments above Rs 2,000 will not be passed to consumer...
ET Startup Awards 2026: Pallavi Shrivastava’s Progcap is powering up a million kiranasShrivastava won in the Woman Ahead category of the ET Startup Awards 2026, along with demi-fine jewellery startup Palmonas’ founder, Pallav...
Hacked FBI data has sensitive information about employees' intelligence rolesIn a statement, the FBI said it was aware of "a cyber-criminal enterprise group claiming a compromise of the FBIJobs.gov portal and alleged...
“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...
UPI charges from October 15: FAQs on who will pay 0.4% MDR and what consumers, small vendors & large merchants need to knowUPI Payment: UPI transactions of up to Rs 2,000 will continue to be free for users. A new Merchant Discount Rate (MDR) will be introduced f...
Who is Anant Nag? Kannada actor to receive Dadasaheb Phalke Award. He shares how PM Modi 'removed nepotism' and changed award selection systemVeteran actor Anant Nag received the prestigious Dadasaheb Phalke Award for 2024. He dedicated this significant national honour to the peop...
Paisabazaar expands wealth push as it diversifies beyond unsecured creditThe PB Fintech-owned marketplace, which added fixed deposits and bonds last year, currently gets around two-thirds of its revenue from unse...
A shrinking lifeline: US and Mexico strike new Colorado River deal, cutting Mexico's share by 17% for two yearsMexico will accept reduced Colorado River water allocations under a new binational agreement. This accord, known as Minute 334, aims to man...
Central database may be used for financial oversight, risk monitoringIndia's government plans to expand Cersai's database for better financial risk monitoring. This initiative aligns with the phased rollout o...
First-time borrowers deepen credit reach: Credit uptake among eligible Indians more than doubled to 74% in March from 35% in 2017Consumer durable loans are leading new-to-credit customers into institutional borrowing. Gold loans and microfinance also significantly con...
Credit card lost, and someone used it; who will cover the lost money - you or the bank?What if a transaction takes place after you lose your card, and you don’t block it before that? Who has the liability then - you or the ban...
India's retail credit market shifts to rural, GenZ borrowers via digital platformsYounger consumers and rural households are driving India's retail credit market growth. These aspirational borrowers now account for most n...
GFF 2026: BharatPe launches agentic AI assistant for merchants, connects to over 60 live systemsBharatPe has launched an agentic AI assistant for merchants, which can perform actions across many live systems. This new assistant underst...
True Balance scores 100% of loan applications with AI, looks beyond credit bureaus to curb defaultsTrue Balance now uses AI for loan applications, retaining human review for some cases. This approach helps assess borrowers with limited cr...
CBI books Essel Group chairman Subhash Chandra, others over alleged ₹1,322 crore LICHFL loan lossSubhash Chandra, along with eight others, is under scrutiny as the CBI has registered an FIR accusing them of inflating their net worth to ...
IRDAI pitches public insurance registry to reshape industryIndia's insurance regulator is proposing a Public Insurance Registry for data sharing. This digital infrastructure will connect insurers, i...