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Swiggy CEO on quick commerce space; India’s data centre surgeIn an interview, Swiggy group CEO Sriharsha Majety explained the outlook for the quick commerce industry and the shareholder vote hurdle, a...
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...
Stocks in news: HCL Tech, Vedanta, Jio Financial, IndusInd Bank, Suzlon EnergyMarkets are cautious as a ceasefire nears expiry. Oil prices rose, and the rupee weakened, sparking inflation worries. Investors are watchi...
Can AI fix your credit score? Krutrim shuts down assistant KrutiHappy Thursday! Fintechs are building AI solutions to help boost the creditworthiness of borrowers. This and more in today’s ETtech Morning...
Lifting of RBI curbs will help Kotak Bank to accelerate loan growth; boost performance: Rahul MalaniThe Reserve Bank of India has lifted the restrictions on Kotak Mahindra Bank, allowing them to onboard new customers and issue credit cards...
RBI lifts restrictions on Sachin Bansal's Navi FinservThe Reserve Bank of India lifted restrictions on Navi Finserv. This decision follows the company's rectification of deficiencies after seve...
Lending startup Fibe closes $90 million financing in mix of primary and secondary transactionPune-based consumer lending startup Fibe is raining money at a time when fintech lending startups focusing on unsecured consumer lending ar...
Paytm stock: Risky doubler or potential 30% decline?Dipan Mehta points out that Paytm's earnings have been impacted by RBI regulations. One should be cautious about investing in this stock du...
Saudi Arabia to raise $11 billion from syndicated loanSaudi Arabia's Ministry of Finance and ICBC did not immediately respond to a Reuters request for comment. Personally spearheaded by Crown P...
Crypto lender Genesis, parent firm DCG reach in-principle deal with creditors: court filingGenesis filed for bankruptcy in January owing at least $3.4 billion to creditors and reached an agreement in principle on a restructuring p...
Who does and does not qualify for a bank loan amid a pandemic?Banks are being especially cautious in lending to retail borrowers employed in Covid-hit sectors.
Analysts fear worst may not be over for retail-focused banksAxis, ICICI, Kotak and HDFC banks likely to be relatively resilient.
Non-bank lenders defying caution, growing riskier unsecured loans: ReportThe two and three-wheeler loans stress is expected to rise by 0.50-0.60 per cent.
Going subprime isn’t the answer for India’s big banksNear-recession in consumer economy means unsecured lending could be the next domino to fall.
Banks aren’t out of the woods yet, but closer to the tail: Pralay Mondal, Axis BankThese cycles will differentiate the men from the boys lot more than it has ever done before.
Indians lap up personal loans: How much should you borrow?Even though it has become much easier for us to borrow, the rules of prudent borrowing remain the same.
Institution-backed funding model replacing traditional promoters: Uday Kotak, Kotak Mahindra BankAreas like infrastructure with very little equity in promoters pockets but disproportionately large leverage bets, is going to be a thing o...
How to get loans even with a low credit scoreHere is how to negotiate the best credit deal in case you have a score below 750.
DLF tanks 6% on Arvind Kejriwal accusations; claims deniedDLF slipped over 6% in trade on Monday after Arvind Kejriwal alleged that realty major had given an interest-free unsecured loan to Vadra.
- ABN seeks high returns with retail push
ABN Amro, which has recently been in the news on account of its impending acquisition, is pursuing a high-risk high-return strategy.