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PUBLIC CREDIT REGISTRY DIGITAL LENDING
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 ...
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...
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. ...
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...
These 8 banking stocks have an upside potential of up to 26% in 1 year, according to analystsIf oil prices stay at higher levels, some FPIs with exposure to the Indian banking sector through ETFs might decide to sell, putting these ...
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...
Revolut weighs secondary share sale at $115 billion valuationAny such deal would allow early investors and employees to sell shares and generate liquidity, said the people, who asked not to be identif...
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...
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...
RBI’s Swaminathan warns banks on rising risks beyond balance sheetsIndian banks face a new era of resilience. RBI Deputy Governor Swaminathan J highlighted the need to manage complex uncertainties from geop...
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...
Fintech lenders corner 77% of India's personal loan market by volume in FY26Fintech lenders now lead India's personal loan market by loan count. These digital NBFCs are disbursing small-ticket loans, reaching more c...
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.
Nearly two-thirds of bank loans now priced below 9% as rate cuts biteIndian banks are offering more loans at lower interest rates. Almost two-thirds of all bank credit now has rates below 9%. This shift follo...
Two out of every three bank loans in India carry interest rates below 9%Indian banks are witnessing a significant shift as nearly two-thirds of credit now carries sub-9% interest rates, a consequence of aggressi...
Digital lenders clock strong FY26 on sturdier fundamentalsNew-age fintech lenders like Fibe, Navi, and Kreditbee have achieved profitable growth in FY26, demonstrating business maturity despite eco...
Ayushman Bharat Digital Mission crosses landmark milestone of 90 crore ABHA accountsIn a significant achievement towards building a digitally empowered healthcare ecosystem, the Ayushman Bharat Digital Mission (ABDM), imple...
Iran war: Public sector banks asked to stay preparedPublic sector banks received guidance from the Centre to prepare for global uncertainties. The finance ministry reviewed bank performance a...
OPL in talks to sell stake to AvenuesAI, eyes AI-powered credit revolutionOnline PSB Loans (OPL) is in advanced talks to bring AvenuesAI on board as a minority stakeholder, with AvenuesAI planning to acquire a 7% ...
RBI highlights strong banking sector health, says lenders can withstand severe shocksIn the fiscal year 2025-26, India's financial landscape demonstrated remarkable stability. Both banks and non-bank entities showcased solid...