Searched for
SUBPRIME LENDING
AI spooks IT valuations; Groww promoters cut stakeAI has pushed valuations of India’s top IT firms to 2008-09 levels. This and more in today’s ETtech Top 5.
Global Market | Private credit faces growing strains as redemptions rise and AI risks loomThe private credit market, a decade-old alternative to bank lending, is showing early signs of stress with rising investor redemptions and ...
Sub-prime lending by PSBs rises on the back of govt guaranteesPublic sector banks in India are actively lending to Micro, Small, and Medium Enterprises. This lending focuses on new and lower-rated busi...
Promoter share pledge: India’s own subprime?While income is real, paper profits are just that – gains only on paper.
America’s debt is surging, and some of the riskiest borrowers are struggling to pay backSubprime auto lending has attracted specialty lenders, such as Santander Consumer USA.
- Microfinance in India is like subprime lending: Y V Reddy
Former RBI governor Y V Reddy said what many finance experts believed, but did not have the courage to admit publicly that microfinance is ...
- Citi, HSBC among biggest subprime loan originators
The top 25 originators of the high-interest loans accounted for a whopping 72% of subprime loans during the 2005-07 period, the CPI said. M...
- US center names 25 lenders blamed for financial crisis
US and foreign banks were not unwitting victims of circumstance but deliberately culpable in the financial meltdown that engulfed the Unite...
- AIG may absorb $5-b investment losses
Washington: American International Group (AIG) plans to absorb losses for a dozen insurance units after their securities-lending accounts s...
- US to propose sweeping new powers for Fed: Report
It is part of a sweeping blueprint to overhaul the USA's financial regulatory agencies, which failed to recognize rampant excesses in mortg...
- 'New US lending laws may bring business for BPOs'
The new lending laws being worked out in the US after the subprime lending crisis could bring more business to Indian BPOs. Build your busi...
- 'Banks be watchful of loan defaults, no overheating'
RBI cautions banks against rising defaults in consumer and home loans with interest rates on the higher side.
- Subprime shockwaves ripples the banking sector
Two month after the eruption of the subprime crisis, tension persists in the banking system despite repeated action by central banks to soo...
- UK lenders tighten credit
UK lenders responsible for 12% of the nation’s mortgages are tightening standards for loans on house purchases, withdrawing offers and rais...
- Need for caution in retail lending: Assocham
Retail lending has increased by over 30% between March 2006 and March 2007, underscoring a need for caution, revealed an Assocham study.
- 'Few banks have subprime lending related investment'
Global rating agency Fitch on Wednesday said most Indian banks do not have exposure to subprime related investments and they are restricted...
- Subprime crisis may not affect Indian IT firms: Citigroup
Indian IT firms are unlikely to be hit by the US subprime lending crisis as their exposure to clients in the mortgage sector is limited, sa...
- US sub-prime crisis unlikely to affect Indian banks: Parekh
The Indian banking system is unlikely to be affected by the sub-prime lending crisis in the US, but banks may face problems on account of r...
- iGATE hit by subprime
The company reported a flat topline compared to the previous quarter due to a substantial drop in its revenue from the subprime lenders in ...
- Banks pick up where Fed left off, restricting access to credit
Banks are picking up the baton from the Federal Reserve, restricting access to credit months after chairman Ben S. Bernanke stopped raising...