Parag Sharma expects the company, India's second-biggest non-bank lender by market value, to sustain 18-20% credit growth annually and main...

Senior representatives of some of the country's largest NBFCs met on August 14 to discuss the issues they intend to raise with the RBI. The...

Tata Capital's revolving credit exposure remains below five percent of its total lending. The company will submit its feedback to the Reser...

NBFCs outpaced banks in retail lending growth in June, with loans rising over 20% year-on-year compared with 16% for banks. Growth was driv...

Today's Quote of the Day by Joey Tempest: The famous quote by Joey Tempest explores a truth many people learn with time: independence does ...

The Reserve Bank of India's (RBI) draft directions proposing restrictions on revolving credit facilities offered by non-banking financial c...

Imtiaz Ali's Main Vaapas Aaunga, starring Sharvari, Vedang Raina, Diljit Dosanjh and Naseeruddin Shah, has been drawing attention for its e...

"The decline in the level of revolvers has impacted profitability," ICICI Bank group CFO Anindya Banerjee said, adding that the business re...

Default rates in credit cards and unsecured loans are rising, with losses in credit cards nearing 6%. Young millennials are reportedly defa...

Put the cards on auto debit mode so that the bills can be paid on time.

Airtel Africa added that the revolving credit facility has a tenor up to September 2024 and provides potential interest rate savings in exc...

This is a departure from issuing a revolving credit line to consumers and comes after the Reserve Bank of India (RBI) recently barred finte...

FTX has also agreed to provide BlockFi with a $400 million revolving credit facility, Prince said in a tweet.

BlockFi has signed a term sheet with digital asset exchange FTX for a $250 million revolving credit facility, the cryptocurrency firm's chi...

In the budget representation to the ministry, the self regulatory body (SRO) of MFIs said the sector is facing a few challenges in terms of...

After a gap for over four years, consumers have once again started availing of the credit facility on their credit cards to tackle rising p...

German healthcare group Fresenius has secured a $2.4 billion credit facility to finance its $3.7 billion acquisition of U.S. company APP Ph...