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Bank credit grows over 17% in May, extending double-digit rise for 9th month in a rowBank credit saw a strong 17.44 percent growth in May. This marks the ninth straight month of double-digit expansion. Demand for loans from ...11 Jun, 2026, 09.11 PM IST- Pimco says ‘credit loss cycle’ has begun, favours quality bondsPacific Investment Management Co. warns the credit loss cycle is imminent, driven by heavy AI spending that could widen economic disparitie...11 Jun, 2026, 07.17 AM IST
- Visa and Mastercard $38 billion swipe fee settlement gets preliminary approval after 20-year legal battle - what it means for merchants, credit card fees and consumersVisa Mastercard swipe fee settlement explained: A major legal battle over credit card swipe fees has advanced. A US district judge has give...11 Jun, 2026, 12.56 AM IST
- Credit guarantee scheme for MFI 2.0 gets extensionThe Credit Guarantee Scheme for Microfinance Institutions-2.0 has been extended. This extension will last until August or until guarantees ...11 Jun, 2026, 12.26 AM IST
- Over 1 lakh guarantees totalling Rs 48,484 cr issued under ECLG scheme since May 5: FinMinThe Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has seen over 1 lakh guarantees issued, totaling Rs 48,484 crore in just one month. ...10 Jun, 2026, 08.53 PM IST
- Govt extends validity of Credit Guarantee Scheme for Microfinance Institutions upto August 31The Finance Ministry has extended the Credit Guarantee Scheme for Microfinance Institutions-2.0 until August 31, 2026, or until Rs 20,000 c...10 Jun, 2026, 05.52 PM IST
- Credit cover for collateral-free education loans may be raised at inter-ministerial consultationsThe government is exploring increasing the credit guarantee cover for education loans. This move aims to allow banks to offer loans exceedi...09 Jun, 2026, 12.16 AM IST
- Two people earn Rs 40 lakh a year, but vastly different wealth. CA shares the hidden fact that separates wealthy from othersHigh salaries don't guarantee wealth; financial management is key. CA Nitin Kaushik highlights that individuals earning the same amount can...08 Jun, 2026, 07.29 AM IST
- US Stock Market: Private credit funds face fresh redemption test as investor withdrawals remain elevatedPrivate credit funds catering to wealthy investors are coming under renewed pressure as redemption requests remain elevated in the second q...05 Jun, 2026, 10.12 AM IST
- Credit guarantee scheme for MFIs still stuck in low gearBanks have received an aggregate loan demand of Rs 10,000-12,500 crore under the scheme, according to people familiar with the matter. Whil...05 Jun, 2026, 12.55 AM IST
- Blackstone private credit fund caps withdrawals as redemption requests surgeAfter investors sought to pull out 10% of shares in the second-quarter tender offer, compared to 7.9% in the previous quarter, the $79 bill...04 Jun, 2026, 08.23 PM IST
- BharatPe Flex launched: Pay via UPI now, settle bills later with credit line and up to 45 days of interest-free usageBharatPe and YES Bank introduce BharatPe Flex, a new credit-on-UPI service. This facility allows eligible users to make UPI payments even w...04 Jun, 2026, 05.28 PM IST
- SBI Card to revise reward point benefits on these credit cards from July 1, 2026; check detailsSBI Card is revising reward point programs for PhonePe SBI Credit Cards, effective July 1, 2026. Both PURPLE and SELECT BLACK cardholders w...03 Jun, 2026, 05.05 PM IST
- India's MSME growth remains concentrated despite expansion in credit and formalisation: ReportThe study highlights the geography of MSME growth in India and calls for more balanced, targeted expansion of enterprise activity and forma...03 Jun, 2026, 11.50 AM IST
- ETMarkets AIF Talk| Returns with liquidity: How Vivriti's semi-liquid debt fund is redefining private credit investing, says Priyam KediaVivriti's Short Term Debt Fund offers private credit-like returns with periodic liquidity, resonating with investors. India's private credi...03 Jun, 2026, 09.28 AM IST
- RBI reviews expected credit loss rules amid concerns over impact on SME credit costsThe Reserve Bank of India is taking a closer look at its credit loss regulations, which may result in higher borrowing costs for small and ...02 Jun, 2026, 12.24 AM IST
- Banks are cutting credit card perks quietly; Learn how to get more value from your walletMany banks have recently reduced credit card rewards, cashback limits, and perks, prompting cardholders to reassess their spending strategi...01 Jun, 2026, 06.30 AM IST
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