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RBI UNSECURED LENDING
India's gold loan market has huge potential, there's lot of idle metal: George Alexander MuthootThe rise in prices will add to the growth momentum as it will give more borrowing power to those who are pledging gold. The uncertainties w...
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...
Banks cede consumer durable loans to NBFCs as credit cards take over small-ticket financingBank loans for washing machines and televisions are falling. Banks are now focusing on credit cards for these purchases. Non-banking financ...
RBI rate cuts partly passed on to borrowers in FY26, lending rates fall but not fully: ReportRBI's repo rate cuts in FY26 were only partially passed on to borrowers, with lending rates declining but not matching the full policy redu...
How inflation and RBI repo rates influence personal loan interest ratesInflation's rise impacts living costs, prompting the RBI to manage it via the repo rate. Changes in this rate directly affect personal loan...
Peak XV exits One MobiKwik Systems in Rs 130 crore block deal: ReportVenture capital firm Peak XV Partners has exited Indian fintech One MobiKwik Systems. The firm sold its stake for over Rs 130 crore. This e...
One MobiKwik Systems shares soar 20% in two sessions. What’s triggering the sharp surge?MobiKwik Systems shares surged on Tuesday. The Reserve Bank of India approved its application for a Non-Banking Financial Company license. ...
MobiKwik shares jump 12% after RBI nod for NBFC licence to launch lending armShares of One MobiKwik Systems surged 12% on Monday after receiving the Reserve Bank of India's approval for an NBFC licence, enabling it t...
MobiKwik gets RBI nod for NBFC licence, to launch in-house lending armFintech firm MobiKwik has secured a crucial Reserve Bank of India approval for a non-banking financial company license. This paves the way ...
BFSI sector looks attractive across the board, says DSP Mutual Fund's Preethi RSDSP Mutual fund manager Preethi RS sees a compelling entry point in the BFSI sector, citing healthy credit growth and recovering capital ma...
Bank credit growth to ease to 12% in FY27 on West Asia war, evolving interest rate dynamics: IcraIndian bank credit growth is set to slow down to under 12 percent this financial year. This moderation is driven by the ongoing West Asia c...
Tweak sought in capital norms for urban co-operative bank licenceIn an effort to invigorate the co-operative banking landscape, the Reserve Bank of India is contemplating a significant reduction in the mi...
RBI returns Ujjivan Small Finance Bank's application for universal bank licenceThe Reserve Bank of India has returned Ujjivan Small Finance Bank's application to become a universal bank. The central bank cited the need...
NBFCs doing well, but Iran war, margins cloud road aheadNon-banking finance companies anticipate strong growth in the upcoming quarter. However, rising funding costs may limit profit margins. Ana...
CreditAccess Grameen looks to scale down microfinance growth, says MD & CEO Ganesh NarayananCreditAccess Grameen, a leading NBFC-MFI, is shifting focus from microfinance to secured lending like home loans. The company aims to becom...
Stress peaks in credit card portfolios as regulatory tightening hits unsecured lendingStress in credit card portfolios of banks is peaking due to regulatory tightening of unsecured credit, with delinquencies largely among low...
RBI cautions banks on unsecured lending as risks loom: SourcesUnsecured loans – mostly personal loans and credit cards – do not carry any collateral and therefore pose higher risk. Indian banks have be...