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US CREDITWORTHINESS
Intellectual curiosity & infectious optimism: Industry cheers Kunal Shah's new role as WhatsApp HeadIndia Inc. is celebrating Kunal Shah's appointment as WhatsApp head, hailing it as a milestone for Indian startup leadership. Industry lead...
RBI, rating firms assess Iran war risks on Indian companiesThe Reserve Bank of India is proactively assessing potential borrower stress due to the US-Iran conflict, engaging with local credit rating...
Born out of microfinance, Bandhan Bank now bets big on AI and digital bankingAs Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...
Instant househelp orders jump; Agnikul eyes new fundingHappy Monday! Instant house help startups collectively reached three million monthly bookings in April. This and more in today's ETtech Mor...
Banking panel to tackle PSUs' balance sheet constraints, boost capital use: DFS Secretary M NagarajuA new committee will examine public sector banks' capital needs. India aims to boost its corporate bond market, allowing more companies acc...
EU countries, lawmakers fail to reach deal on watered-down AI rulesEuropean Union nations and Parliament members could not agree on AI regulations. Talks stalled after 12 hours. Discussions will restart in ...
EU countries, lawmakers fail to reach deal on watered-down AI rulesEuropean Union nations and Parliament members could not agree on updated artificial intelligence rules. Talks stalled after 12 hours. Negot...
US stocks: FICO shares slide as Freddie Mac, Fannie Mae begin accepting rival VantageScoreFICO shares dropped 13% after Freddie Mac and Fannie Mae announced they will accept mortgages scored by rival VantageScore 4.0. This move a...
Fintechs leverage AI to boost creditworthiness and reduce rejectionsFintech startups are leveraging AI to help borrowers improve their creditworthiness and reduce loan application rejections. Companies like ...
ICICI Bank breaks the ground, uses space images for farm loans to cut costsThe lender, India's fourth largest by assets, is using pictures taken from space and analysed by a third-party firm, for farm loans in 500 ...
ICICI Bank uses space images for farm loans to cut costsThe lender, India's fourth largest by assets, is using pictures taken from space and analysed by a third-party firm, for farm loans in 500 ...
Faircent launches ‘Anti Lockdown Loans’ to help ease liquidity pressure amid Covid-19Faircent.com has launched “Anti-Lockdown Loans” to help ease liquidity pressure amid Covid-19 outbreak.
Why being GST-compliant can actually increase your creditworthinessEven though creditworthiness of an individual loan applicant is one of the prime factors gauged by lenders, India has a long way to go when...
LoanZen partners with Treebo to offer loans to hoteliersThese loans are to be used by hotel owners for managing their working capital and for making quality upgrades to meet Treebo's brand standa...
- Senate panel to probe US downgrade by S&P
Downgrade of the US creditworthiness by Standard and Poor's may face a probe by a Senate committee, reports have said.
- Recession 2011: US downgrade to impact APAC exports & liquidity, says S&P
S&P said that its downgrade of US would have an impact on the exports and liquidity positions of Asia-Pacific economies, but poses no immed...
- Unemployment imposes ‘heavy costs’ on economy: Bernanke
Federal Reserve chairman Ben S Bernanke said he’s concerned about the costs US joblessness is imposing on the economy and that the central ...
- EX-IM Bank of US approves Air India's $2-bn loan guarantee
Export-Import Bank of US on Monday said that it has approved $2 billion loan guarantee of Air India for buying Boeing aircraft.
- China, US offer USD 20 bn finance to lift global commerce
US Treasury chief Henry Paulson said today the United States and China would make USD 20 billion available in trade financing to boost comm...
- US banks tighten credit lines
Many US banks have made it harder for creditworthy borrowers to get a mortgage, according to a Federal Reserve survey released Monday that ...