Gold loans rise 50% to Rs 19 lakh crore in FY26Gold jewellery loans have seen a massive 50 percent jump year-on-year, reaching ₹19 lakh crore. This makes it the fastest growing retail lo...
Car, two-wheeler loan originations fall in Q4 after GST-cut; gold loans zoom: ReportAuto and two-wheeler loan originations saw a significant drop in Q4 FY26 after a December quarter surge, with auto loans declining 11.6% an...
Over $150,000 income, safety from layoffs: This one profession could be one of the safest jobs as AI anxiety risesAs layoffs continue across major tech companies investing heavily in AI, one profession is seeing the exact opposite trend. Elevator mechan...
Over-leveraged borrowers put Rs 15,800 crore microfinance portfolio at riskMicrofinance has become a double-edged sword, with substantial debt levels amassing to about ₹15,800 crore among borrowers juggling multipl...
Gold loans power Small Finance Banks' growth as microfinance asset quality weakensSmall Finance Banks are shifting focus to secured loans like gold loans. This move aims to stabilize their financial health and earnings. T...
Karnataka school's class 1 toppers list goes viral with kids scoring exceptionally high marks; Internet says, 'this is scary'A viral chart of Class 1 toppers from a Karnataka school, showing near-perfect scores, has ignited a debate online about academic pressure ...
First-time borrowers climb to 4.4 crore despite tighter lending norms: ReportIndia's new borrowers have reached 4.4 crore, boosting credit growth and financial inclusion. Lenders are more selective, yet this segment ...
Rupee's valuation sinks to over-a-decade low, bruised by Iran war, portfolio outflowsThe Indian rupee has reached its lowest valuation in over a decade against major currencies. This decline is driven by rising crude oil pri...
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...
A loan you never took; How PAN fraud is wrecking credit scores in India and what you should do to protect yourselfIndians are facing a new threat: PAN-based loan fraud. Criminals are using stolen PAN details to take out loans without consent. This is da...
Gold loan delinquency rates send red signalBorrowers with more than ₹2.5 lakh outstanding showed a delinquency rate of 1.5% at the end of December, about 2.2x higher than those with ...
Microfinance portfolio rose 26 per cent in FY2023-24: ReportThe Microfinance sector's portfolio outstanding reached Rs 442.7k crore, rising 26.8% in FY' 2023-24. Personal loans grew the second fastes...
Loans from small time borrowers surge post COVID: ReportThe report by CRIF Highmark provides insights into the portfolio at risk across various buckets. It ranges from 0.3% to 2.1% as of June 202...
Has the pandemic helped in reviving rural economy?The number of very small ticket business loans rose 100 percent since the pandemic ( FY'19-21), while retail loans rose 30 percent, data fr...
MFI portfolio rose 8.4 per cent in FY'21: ReportThe sector was hit as borrowers-generally small sized loans from the bottom of the pyramid were adversely impacted in their ability to repa...
Crif Highmark ties up with CreditVidyaThe partnership between CRIF High Mark and CreditVidya envisages value added reports even if a customer has taken a loan or a credit card i...
Costly education: Study loan size got bigger in FY18Loan disbursals climbed 9.25% in FY18 to touch a portfolio size of Rs 82,600 crore as of March 2018, said a report by credit bureau CRIF Hi...