Searched for
SUBPRIME LENDING
AI spooks IT valuations; Groww promoters cut stakeAI has pushed valuations of India’s top IT firms to 2008-09 levels. This and more in today’s ETtech Top 5.- Promoter share pledge: India’s own subprime?While income is real, paper profits are just that – gains only on paper.
- America’s debt is surging, and some of the riskiest borrowers are struggling to pay backSubprime auto lending has attracted specialty lenders, such as Santander Consumer USA.
- Microfinance in India is like subprime lending: Y V ReddyFormer RBI governor Y V Reddy said what many finance experts believed, but did not have the courage to admit publicly that microfinance is ...
- Citi, HSBC among biggest subprime loan originatorsThe top 25 originators of the high-interest loans accounted for a whopping 72% of subprime loans during the 2005-07 period, the CPI said. M...
- US center names 25 lenders blamed for financial crisisUS and foreign banks were not unwitting victims of circumstance but deliberately culpable in the financial meltdown that engulfed the Unite...
- World Bank to build on renovated home loansThe World Bank is funding development of new financial instruments for providing home finance to the unorganised sector in the country in t...
- AIG may absorb $5-b investment lossesWashington: American International Group (AIG) plans to absorb losses for a dozen insurance units after their securities-lending accounts s...
- Citigroup says shutting branches in JapanCitigroup, reeling from the subprime mortgage crisis, said on Friday it was closing down its remaining consumer lending outlets in Japan.
- US to propose sweeping new powers for Fed: ReportIt is part of a sweeping blueprint to overhaul the USA's financial regulatory agencies, which failed to recognize rampant excesses in mortg...
- Banks warn subprime will impact Q4Several of the nation's leading banks warned on Friday the subprime lending crisis will contribute to another round of losses in the fourth...
- 'Banks be watchful of loan defaults, no overheating'RBI cautions banks against rising defaults in consumer and home loans with interest rates on the higher side.
- Subprime shockwaves ripples the banking sectorTwo month after the eruption of the subprime crisis, tension persists in the banking system despite repeated action by central banks to soo...
- UK lenders tighten creditUK lenders responsible for 12% of the nation’s mortgages are tightening standards for loans on house purchases, withdrawing offers and rais...
- Need for caution in retail lending: AssochamRetail lending has increased by over 30% between March 2006 and March 2007, underscoring a need for caution, revealed an Assocham study.
- BNP Paribas to unblock suspended fundsFrench banking giant BNP Paribas said on Thursday it plans to unblock three of its investment funds, whose suspension earlier in the month ...
- 'Few banks have subprime lending related investment'Global rating agency Fitch on Wednesday said most Indian banks do not have exposure to subprime related investments and they are restricted...
- Subprime crisis may not affect Indian IT firms: CitigroupIndian IT firms are unlikely to be hit by the US subprime lending crisis as their exposure to clients in the mortgage sector is limited, sa...
- iGATE hit by subprimeThe company reported a flat topline compared to the previous quarter due to a substantial drop in its revenue from the subprime lenders in ...
- Banks pick up where Fed left off, restricting access to creditBanks are picking up the baton from the Federal Reserve, restricting access to credit months after chairman Ben S. Bernanke stopped raising...
Load More- Microfinance in India is like subprime lending: Y V Reddy
