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LOAN DELINQUENCY
US household debt rises to $19.1 trillion in Q3, delinquencies edge higher: New York FedUS household debt rises by $334 billion to $19.1 trillion in Q3, while troubled borrowing edges up to 5% of total debt, according to the Ne...
Muthoot Microfin Q2 profit jumps 3.6 times to Rs 111 croreMuthoot Microfin reported a 3.6-fold year-on-year rise in Q2 net profit to Rs 111 crore, supported by secured lending growth and improved a...
Gold loan NPA rises in first five months while eases over a three-year horizonIndia’s gold loan market has experienced a rise in non-performing assets, reaching 0.78% by August 2023. The total outstanding volume grew ...
Most wanted stocks 2026: 6 stocks mutual funds are buying even as markets slumpStock market investors are growing wary as prices continue to drop amid broader economic issues. Nevertheless, mutual fund managers are opt...
'Height of insanity:' Trump ends VA mortgage rescue program; 15,000 veterans face higher payments, 700 see $1,000 hikeAfter the discontinuation of the Veterans Affairs Servicing Purchase program, many veterans are encountering significantly higher mortgage ...
Bandhan Bank denies acquisition talks with First Abu Dhabi BankBandhan Bank has denied reports of acquisition-related discussions with First Abu Dhabi Bank, calling its reference in a news report factua...
Trump administration student debt collection: Five ways borrowers can protect their paychecks from federal garnishmentMillions of Americans struggling with student loan debt may soon face renewed collection efforts from federal agencies. The Education Depar...
India's glittering gold loan sector risks sliding into a dark zoneThe gold loan market in India is on a rapid growth trajectory, fueled by true demand alongside possible financial distress among borrowers....
Bigger car loans, longer tenures face rate-hike testIndian car buyers are increasingly taking out larger and longer loans to purchase higher-priced vehicles. This trend emerges as borrowing c...
IHC, First Abu Dhabi eye stake in Bandhan Bank promoterEarly investors GIC & IFC jointly hold 30% in Bandhan Financial Services (BFSL), keen to exit. PE funds tapped too to gauge strategic inter...
Digital lender NeoGrowth raises Rs 85 crore from FMO, LeapFrogThe fundraise will allow NeoGrowth to grow its loan book to nearly Rs 3,000 crore before it needs another equity infusion, Nayyar said, add...
National Housing Bank likely to double affordable housing outlay for HFCs this fiscalNational Housing Bank plans to double the refinance and affordable housing funds for large housing finance companies. These funds will be a...
Private banks' deposit mobilisation outpaces PSU peers in Q2From a loan growth perspective, state-run banks' advances growth remained in the range of 12.59-29.83 per cent year-on-year in Q2, while pr...
NBFCs account for nearly half of small loans while delinquencies stay lowNon-banking finance companies accounted for nearly half of new-to-credit loans below Rs 2 lakh as of June 2026. Their retail delinquency ra...
Small-business lenders’ growth cools in FY26 amid credit headwindsIndifi’s revenue and loan book remained broadly flat, NeoGrowth’s assets under management (AUM) declined 21.5%, and Lendingkart’s fell 74%....
Bigger loans lift digital lenders’ books 28% as outstanding accounts declineDigital lenders in India experienced a notable 28% increase in their personal-loan portfolios over the past year. The number of outstanding...
A 292-room Hilton in Houston shut its doors after years as a hotel; developer Bryan Kang then planned a $40 million conversion of its 200,000 sq ft into housingA former 292-room Hilton Houston Galleria at 6780 Southwest Freeway could obtain a fresh purpose via a planned $40 million residential chan...
Share of high-value micro loans rise: ReportThe share of high-value microfinance loans above ₹75,000 to individual borrowers rose to 41% in Q1 FY27, from 28% a year earlier, as lender...
Razorpay-backed POP bets on credit to monetise UPI usersRazorpay-backed POP has launched POPchop, a BNPL product allowing eligible shoppers to split purchases into three interest-free payments ov...
Global Market: Bank of Korea signals caution ahead after split rate voteThe Bank of Korea’s August rate hike exposed a growing policy divide, with one policymaker voting against the increase and favouring a paus...