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CREDIT WORTHINESS
Unified Lending Interface is a good start. Now comes the hard partIndia's new Unified Lending Interface, ULI, promises to fix credit access. However, its true impact depends on fintech companies.
How to travel in the summer of chaosThe travel industry has bifurcated, rewarding those who understand its complexities. Travelers are increasingly spending more, often financ...
India’s real estate sector may need Rs 50 lakh crore capital over next decade: ANAROCK CapitalIndia's real estate sector needs Rs 50 lakh crore capital over the next decade to reach a $1 trillion market by 2030. The financing ecosyst...
Lending money to friends or relatives? Why guaranteeing loans and personal lending can put your finances, credit score, and goals at riskWhen a friend or a relative asks you for a personal loan, always seek time. There is no need to feel pressurised to respond immediately. So...
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...
World finance chiefs head to IMF with a sense of déjà vuGlobal economic policymakers convene amid concerns over President Trump's actions impacting Middle East growth. The IMF warns of reduced ca...
Banks play safe on lending to airlines after Go Air bumpCredit worthiness of the sector was improving after Tata Group increased its presence in the sector acquiring Air India and with strong per...
India's credit worthiness stable compared to negative outlook for the world, says Moody'sThe credit worthiness outlook for sovereigns in the Asia-Pacific (APAC) region, including India for 2023 is stable as compared to the negat...
Industry confidence hit all-time low during April-June quarter: Care RatingsThe CICI hit a nine-quarter low of 58 out of 200, continuing a largely declining trend since its inception during the first quarter of FY19...
India's rating could come under pressure if fiscal outlook deteriorates: FitchFitch had in December 2019 reaffirmed India's 'BBB-' rating with a stable outlook.
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.
How to get out of a debt trapStart with knowing how much you owe. Also, set a time-frame for repayment.
Bank of Baroda cuts base rate by 0.15% to 9.15% from Oct 1The benchmark prime lending rate (BPLR), the method which charges interest on credit worthiness of customers, has also been cut to 13.45 pe...
ET in the Classroom: Why a digital footprint is crucialMost non-banking finance companies that are aggressively pushing into the retail lending space, use their customers' digital footprints to ...
Learn with ETMarkets: Why a digital footprint is crucialWith a majority of the youth not having any credit history, banks are exploring alternate sources to take an informed lending decision.
A truly important leader should pay his own billsThat he thought there could be another Barack Obama who may have brazenly cloned the President’s credit card underlines his audacity of hop...
CIBIL and CERSAI to join hands to help lenders with credit worthiness of realtyCIBIL is joining hands with CERSAI to offer lenders a single window facility to check credit worthiness and legal status of a real estate p...
Economic reforms positive for India's credit worthiness: FitchThe recent slew of measures, including FDI in retail and diesel price hike, will support India's long-term growth prospects, said Fitch.
- Kingfisher got IDBI Bank loan despite poor rating
The Rs 900 crore in loans to Kingfisher Airlines that IDBI Bank recalled in May were made despite internal reports at the bank questioning ...
- Credit-worthy: Banks boost lending
After a marginal slowdown in July, banks have stepped up their lending in August. However, deposit growth is on a slow track.