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UNSECURED LOAN SLOWDOWN
Those willing to look beyond the fog of war: 5 large-caps from different sectors with upside potential of up to 28%The news mix could not be more confusing. On the one hand, the US House voted to halt Trump’s Iran war, and Israel and Lebanon again agreed...
OnEMI Technology Solutions IPO Day 1: Check subscription status, GMP; Should you subscribe?OnEMI Technology Solutions’ Rs 926 crore IPO opened with muted demand, seeing just 2% subscription early on Day 1. A modest GMP signals mil...
Consumer loan growth in India bottomed out, expect faster recovery amid credit cost moderation: Morgan StanleyMorgan Stanley's report indicates that consumer loan growth in India has likely bottomed out, anticipating a recovery driven by moderating ...
Stress riding pillion on two-wheeler loans, may puncture asset quality: Moody'sMoody's Ratings warns of potential asset quality decline in Indian banks' vehicle loan portfolios. The agency cites slowing vehicle sales g...
Listed fintechs feel the pinch of lenders going slow on unsecured lendingA slowdown in unsecured loan disbursals by banks and NBFCs has hit fintech firms like Paytm, MobiKwik, and Paisabazaar. These companies are...
Unsecured loans: Improved outlook fuels expansionIndian banks are preparing to carefully increase their unsecured loans. This is due to better asset quality and less stress in personal loa...
Borrowers now seek 'substitutes' as lenders tighten unsecured loansBorrowers are increasingly turning to loans against fixed deposits, shares, and gold jewellery due to banks' caution with unsecured lending...
ICRA flags rising risks in unsecured securitised pools; collections of microfinance dropped to 90% in Q3 FY25The collection efficiency for unsecured asset classes like microfinance, personal loans, and unsecured SME loans has seen a decline in rece...
Lending winter is sending chills to listed fintech companiesThe slowdown in unsecured consumer loans is affecting fintechs like Paytm, MobiKwik, and Paisabazaar, with significant drops in loan disbur...
NBFCs' loan growth to ease to 17% in FY25 from 21% in FY24: JefferiesLoan growth for Indian NBFCs and HFCs is expected to moderate to 17% in FY25 from 21% in FY24 due to weaker credit demand and reduced lendi...
NBFC growth to be hit due to rising unsecured loan stressNon-bank financial companies (NBFCs) will face stress from unsecured loans due to higher interest rates impacting borrowers' repayment capa...
Kotak Mahindra Bank Q2 Results: Net profit below estimates as RBI ban, rise in NPA biteKotak Mahindra Bank reported a 5% increase in standalone profit to Rs 3,344 crore for the quarter ended September 2024, driven by an 11% gr...
Loan growth should still be faster than nominal GDP growth over a 5-10-year period:Vishal Goyal“A steady ROA expansion has happened in the last four-five years due to the factors which you just mentioned. We feel that we are probably ...
Explained: How RBI tightening on unsecured loans can impact banks & NBFCsWhile credit growth for the overall banking system has remained stable and healthy, certain components of personal loans are, however, reco...
Unsecured loan growth to remain strong even if RBI raises risk weights: ReportAccording to some reports, the regulator may increase the risk weights for such loans, which moderates a lender's ability to lend to such s...
NBFC delinquencies may rise up to 250 bps in FY21: CrisilThe report stated that, in home loans, the largest NBFC segment, asset quality is expected to be relatively better than in the other segmen...
Consumer business focused bank stocks face heatPrivate banks with substantial unsecured loans exposure are bearing the brunt.
Non-bank lenders defying caution, growing riskier unsecured loans: ReportThe two and three-wheeler loans stress is expected to rise by 0.50-0.60 per cent.
- Finance Ministry wants PSU banks to phase out unsecured short-term loans
The government has asked the public sector banks to phase out all short-term loans without collaterals by January end.
- PSU banks’ unsecured loans up 41% in FY08
Shedding their conservative image, public sector banks are increasingly extending loans with virtually no collateral.