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CREDIT REGISTRY
Leapfrog Engineering Services IPO: Check GMP, price band, subscription and other detailsThe IPO comprises a fresh issue of 3.46 crore shares aggregating Rs 79.6 crore and an offer for sale of 38.76 lakh shares worth Rs 8.91 cro...- Financial fixes and high-yield savings: Are you missing the easiest ways to save more and spend less?More than half of savers still earn under 3% interest, while many households lose around $200 yearly on unused subscriptions. These financi...
- Banks flag bad loans, rising fraud in SHGsBanks are flagging increased fraud and loan defaults within self-help groups. To combat this, lenders are suggesting mandatory unique regis...
- Centre plans digital trail for fertiliser subsidies via AgriStackThe government is set to link fertiliser sales with the national AgriStack database. This digital initiative aims to prevent the misuse of ...
- RBI slaps Rs 10.10 lakh penalty on City Union Bank, 2 more entitiesThe Reserve Bank of India has levied fines on three financial entities. City Union Bank faced a penalty for incorrect loan charges and data...
- Hormuz closure could trigger 'agrifood shock', price crisis within a year, FAO warnsA critical warning from the United Nations Food and Agriculture Organization highlights a looming global food price crisis. The closure of ...
- Quote of the day by Roy Orbison: 'God gave me the voice. I did not have a lot to do. Just a nice gift. I thank him often'- Pretty Woman, A Love So Beautiful singer's lesson on humilityRoy Orbison's iconic hit "Oh, Pretty Woman," released in 1964, became a global sensation, topping charts and selling millions. Inspired by ...
- Elon Musk scorned "shady" loopholes, yet offshore tax tricks likely saved Tesla hundreds of millionsTesla has reportedly saved over 400 million dollars on US taxes. This was achieved through a financial maneuver involving its units in the ...
- India trims fuel efficiency penalties for automakers to Rs 2,728 crore from earlier estimatesIndia has taken a bold step toward incentivising fuel efficiency in the automotive sector, cutting penalties for companies that fall short ...
- Recordent introduces WhatsApp as new medium for payment reminder notifications to benefit MSMEsThe integration of WhatsApp for payment reminders brings multiple advantages for business operations and efficiency.
- Recordent launches credit registry platform to enable B2B credit reports for buyersRecordent, India’s credit and payment reporting platform, has announced the launch of its credit registry platform to assess a business’ cr...
- Public Credit Registry to catalyse MSMEs’ financial inclusion: EnkashAccording to Yadvendra Tyagi, EnKash's cofounder, a holistic view of the borrowers helps a lender in making a decision, and that’s where me...
- Public Credit Registry will be a great value add for MSMEs, says Rang De’s Ram NKRang De’s Ram NK says more awareness is needed to be created in the system so that people are not scared to approach banks given the histor...
- Public Credit Registry will help lenders access risk: Viral AcharyaThe Reserve Bank of India has been instrumental in building a PCR for better data collection and make it available to lenders.
- RBI shortlists TCS, Wipro, IBM, 3 others for setting up Public Credit RegistryIt'll give lenders a 360-degree real time profile of the existing as well as prospective borrowers.
- Public credit registry better for SMEs, not special norms:Viral AcharyaThe advisory was issued amid pressure from government to do more to support small businesses, which have been impacted by the twin shocks o...
- RBI starts process to set up digital Public Credit Registry for capturing all details of borrowersAn upcoming registry will give banks 360 degree profile of existing and prospective borrowers instantly.
- Public credit registry will widen credit, improve quality: RBI DGPCR will collate information for both individual and corporate borrowers allowing banks to share data on stressed loans.
- RBI forms task force on public credit registryRBI said that database would help enhancing credit market efficiency, boosting financial inclusion, improving ease of doing business and he...
- RBI to form panel for setting up public credit registry"The objective is not just improve credit assessment by financial lenders but also of financial lenders themselves," Acharya told reporters...
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