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CRIF HIGHMARK
Microfinance portfolio rose 26 per cent in FY2023-24: ReportThe Microfinance sector's portfolio outstanding reached Rs 442.7k crore, rising 26.8% in FY' 2023-24. Personal loans grew the second fastes...
Non-Metro cities see a big growth in credit demand: ReportKanpur and Barabanki emerge as top cities for credit demand, beyond metros. BT100 cities dominate two-wheeler and auto loans, with public b...
Microfinance industry body wants members to explore underserved marketIndia's microfinance sector is highly concentrated, with the top 10 states representing 85% of the market, leaving many districts and villa...
Women intensify their reliance on loans: ReportCredit bureau CRIF Highmark reports that women have borrowed at a faster pace than men in 2023, with the portfolio outstanding of women bor...
Loans from small time borrowers surge post COVID: ReportThe report by CRIF Highmark provides insights into the portfolio at risk across various buckets. It ranges from 0.3% to 2.1% as of June 202...
CICs to pay Rs 100/day to customers for delay in updation of credit info: RBIThe RBI announced that credit information companies (CICs) will have to compensate clients for delays in updating or correcting their credi...
Soaring unsecured lending may need regulatory interventionThe Reserve Bank of India may need to tighten retail credit norms as the unsecured loan portfolio for the banking sector doubled in four ye...
Rural, women and young two wheeler borrowers on the rise: ReportTwo wheeler loans rose 13.5 percent from FY21 to FY22 and 8 percent from June 2021 to June 2022.
Credit penetration to women low despite better repayment rates, says reportThe credit penetration, or the percentage of women who have availed a loan, is 12 per cent as of 2021, which has doubled from the 6 per cen...
Has the pandemic helped in reviving rural economy?The number of very small ticket business loans rose 100 percent since the pandemic ( FY'19-21), while retail loans rose 30 percent, data fr...
MFI portfolio rose 8.4 per cent in FY'21: ReportThe sector was hit as borrowers-generally small sized loans from the bottom of the pyramid were adversely impacted in their ability to repa...
Women borrow more for home purchase than other assets : CRIF HighmarkWomen account for 29 per cent of the Rs 20 lakh crore worth home loans extended by Indian lenders as of December 2020. While their share in...
Loans to bottom of pyramid pick up, but repayments still a concernAs the loan moratorium period came to a close in August 2020, early delinquencies by value risky portfolio which were upto 30 days past due...
Women getting more credit conscious, also default less than men: Credit bureausWomen borrowers in the age group 36-50 have risen by 33 per cent since December 2017. While older women have been borrowing at an even more...
Microlenders focuses on growing loan book size: ReportAmong the states, West Bengal has the highest incidence of high-value loans with over 45 per cent of the borrowers having average outgoings...
Crif Highmark ties up with CreditVidyaThe partnership between CRIF High Mark and CreditVidya envisages value added reports even if a customer has taken a loan or a credit card i...
Costly education: Study loan size got bigger in FY18Loan disbursals climbed 9.25% in FY18 to touch a portfolio size of Rs 82,600 crore as of March 2018, said a report by credit bureau CRIF Hi...