Women intensify their reliance on loans: ReportCredit bureau CRIF Highmark reports that women have borrowed at a faster pace than men in 2023, with the portfolio outstanding of women bor...
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...
Kansas City Chiefs vs Buffalo Bills: Predictions, live streaming, where to watch Bills vs ChiefsKansas City Chiefs versus Buffalo Bills NFL post-season game is all set to be played on Sunday evening.
CICs to pay Rs 100/day to customers for delay in updation of credit info: RBIThe RBI announced that credit information companies (CICs) will have to compensate clients for delays in updating or correcting their credi...
Soaring unsecured lending may need regulatory interventionThe Reserve Bank of India may need to tighten retail credit norms as the unsecured loan portfolio for the banking sector doubled in four ye...
Rural, women and young two wheeler borrowers on the rise: ReportTwo wheeler loans rose 13.5 percent from FY21 to FY22 and 8 percent from June 2021 to June 2022.
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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...
Women borrow more for home purchase than other assets : CRIF HighmarkWomen account for 29 per cent of the Rs 20 lakh crore worth home loans extended by Indian lenders as of December 2020. While their share in...
Loans to bottom of pyramid pick up, but repayments still a concernAs the loan moratorium period came to a close in August 2020, early delinquencies by value risky portfolio which were upto 30 days past due...
Women getting more credit conscious, also default less than men: Credit bureausWomen borrowers in the age group 36-50 have risen by 33 per cent since December 2017. While older women have been borrowing at an even more...
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...
Credit info companies sharing data with fintechs irks lendersEarlier this month, representatives of banks had a meeting to discuss the issue of fintechs getting unbridled access to bank borrower infor...
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...
Microfinance sector likely to grow at 24% over 5 years: ReportCredit checks of borrowers with agencies like Equifax and Highmark, in line with the Reserve Bank guidelines issued in FY12, would also con...
Free multi-credit report can help spot identity theftA credit report is a document that provides the borrower’s demographic information: name, gender, age, PAN, details of credit against his n...