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Market Movers: What changed for D-Street while you were sleeping
DIIs were net sellers to the tune of Rs 155.47 crore, data suggests.
Government measures fail to stem slide in NBFC credit
Liquidity remains a worry for the NBFC sector; loan sanctions fall 34% in September qua...
Are millennials spawning next wave of NPA piles for banks?
The number of millennials, opting for a new loan grew 58% as against a 14% growth ...
RBI rider on credit bureau data access has fintech in a quandary
Startups fear directive may stop them from accessing all bureau data, hitting them badly.
For no fault of theirs, PMC depositors may be in default
Depositors could be tagged as defaulters if they fail to make repayments on loans.
Regulatory efforts to boost credit fail as loan sanctions plunge 28%
The data showed that housing, property and auto loan segments were the worst hit. Housing loan sanctions declined by 30% to Rs 45,000 crore against Rs 64,000 crore in March.
HDFC Bank mulls doubling credit card user base to 25 million this fiscal
The private-sector lender currently has a credit card base of 12.5 million and 9,00,000 unique merchants with 1.5 million acceptance points.
At 7.3%, retail loan growth slips to 5-year low in first half of 2019
The slowing growth in retail loans comes despite 75 bps of repo rate cut in three consecutive monetary policies.
Lenders need to factor in parameters beyond credit bureau support: Transunion-Cibil
In the absence of lending opportunities to large and mid-sized corporates, banks have now shifted their focus on MSME and retail to grow their loan books.
Women borrowers rise faster than their male counterparts: Transunion Cibil
A good CIBIL Score can help consumers gain access to better credit offers faster, and lenders typically consider a credit score above 750 as an ideal score.
Crif Highmark ties up with CreditVidya
The partnership between CRIF High Mark and CreditVidya envisages value added reports even if a customer has taken a loan or a credit card in the past.
Crif Highmark ties up with CreditVidya
The partnership between CRIF High Mark and CreditVidya envisages value added reports even if a customer has taken a loan or a credit card in the past.
Default rate in small loans lowest: Study
In the absence of demand from large corporate borrowers and also concerns of the assets turning bad, lenders have banked on retail loans to boost growth.
Default rate in small loans lowest, finds study
Unsecured loan disbursal is rising the fastest, but delinquencies there are still the lowest at 0.5%.
Unsecured loans delinquency contained: Cibil Study
The number of credit card accounts increased by nearly 32% in the last year to 36.9 million in CYQ3 2018.
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