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CREDIT APPRAISAL
IIFCL eyes Rs 75,000 crore sanctions in FY26 after record year, says MD Rohit Rishi, NPA Drops to 0.40%India Infrastructure Finance Company Ltd (IIFCL) aims for Rs 75,000 crore in sanctions for FY26, a significant increase. This expansion fol...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 27%Retail market investors are presented with a choice. Act now, when the uncertainty quotient is high. Or, wait for things to settle down. In...
Employee boasted about being hardest worker after promotion. This became her downfall: 'Two weeks later, her promotion was under review...'An employee exposed a colleague who stole credit for her work. The colleague received a promotion based on projects the employee completed....
Employee expecting 'good appraisal' gets shocked after salary decreases due to increment. 'There was nothing I could do'A Reddit user shared his experience of expecting a strong appraisal after joining a company just before the review cycle, only to receive a...
Off the tough route to loan recoveryA recent video from Pune shows loan recovery agents using force against a borrower. This incident reveals problems within Indian banks. Ban...
Secret $5,000 relocation bonus: Why this city wants remote workers right nowCedar Rapids $5000 cash relocation program details: Cedar Rapids, Iowa, is enticing remote workers to relocate with a $5,000 cash bonus and...
These 8 private and public banking stocks have an upside of up to 35% in one year, according to analystsThere was a decline in banking stocks during Tuesday’s trading session. The drop came as a reaction to the RBI tightening its bad loan norm...
SBI moves Supreme Court seeking review of spectrum ruling, flags impact on telecom insolvenciesThe State Bank of India is asking the Supreme Court to reconsider a recent ruling. The judgment prevents telecom spectrum from being treate...
ED flags Rs 11,600 crore 'proceeds of crime' in RHFL, RCFL probeThe Enforcement Directorate has alleged over ₹11,600 crore as proceeds of crime in a money laundering probe involving Reliance Home Finance...
Insurance surety bonds data gaps under regulatory lensIn a proactive move to strengthen the financial landscape, Indian regulators are gearing up to close the reporting voids surrounding insura...
PMMY drives micro enterprise growth, boosts women-led businesses in IndiaIndia's Pradhan Mantri MUDRA Yojana has empowered countless micro-enterprises. This scheme provides collateral-free credit, fostering growt...
These 8 private and public banking stocks have an upside of up to 28% in one year, according to analystsThe markets will react to the two-week conditional ceasefire announced by US President Trump and accepted by Iran, also conditionally. Ther...
CII's 20-Point Policy Agenda calls for coordinated fiscal, financial and trade response to West Asia crisisConfederation of Indian Industry praises government and RBI for swift actions amid West Asia conflict. CII proposes a detailed plan to supp...
ETtech Explainer: All you need to know about Unified Lending InterfaceThe data needed for credit appraisal currently lies scattered across governments, banks, account aggregators, and credit information compan...
RBI seeks fortnightly update on fin action taken by IFIN boardRBI said there were serious deficiencies observed in the credit appraisal.
Six big banks including SBI, PNB to appraise loans above Rs 500 crThe list includes country’s largest bank, State Bank of India, Bank of Baroda, Canara Bank, Bank of India, Punjab National Bank and IDBI Ba...
Autonomy to public sector banks key to better credit appraisalRaghuram Rajan rightly wants the government to stop meddling in banking decisions. It should give them full operational autonomy.
Banks come up with plan as Finance Ministry wants tighter due diligence on loans to check NPAsAmid mounting bad loans, bankers are being forced to take a closer look at their basic skill — judging a borrower before signing the cheque.
KC Chakrabarty blames poor credit appraisal for bad loans of PSBsChakrabarty, who carries a reputation for airing his frank views, said the banks were "complacent" during the good times since 2006-07.
- Banks to use credit scores to appraise borrowers
From using their intuition and experience for loan decisions, banks are shifting to credit scoring.