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NBFCs have embraced digital platforms, mobile apps to enhance financial inclusion

NBFCs have embraced digital platforms, mobile apps to enhance...

In some cases, monthly interest rates were as high as 4% to 6%, translating to annual rates between 48% and 72%.NBFCs...

28 March 2025 12:08 PM

IMF flags major systemic risk with NBFCs with exposure to power sector

IMF flags major systemic risk with NBFCs with exposure to power sector

RBI had a few months back voiced concern over the growing exposure of banks to NBFCs. According to the RBI, exposures of...

3 March 2025 1:17 PM

Scrapping Foreclosure Charges to Impact Lenders Profitability

Scrapping Foreclosure Charges to Impact Lenders Profitability

The RBI last Friday released the draft norms proposing to scrap the foreclosure charges and pre-payment penalties on...

24 Feb 2025 3:16 PM

Delinquencies in Personal Loans Rise Steadily

Delinquencies in Personal Loans Rise Steadily

Chennai: Personal loans have been witnessing a rise in both short-term and long-term delinquencies....

18 Jan 2025 2:05 PM

Businesses with annual turnover of 500 million rupees will not have to pay a merchant discount rate on debit card and other digital modes of transactions, excluding credit cards.

Current Affairs

Credit Cards Slippages Remain Elevated Says RBI Bulletin

Mumbai: While accretion of bad loans in various retail loans such as vehicle loans and gold loans have shown...

22 Sept 2024 4:56 PM

Loan Sanctioning Is Digital but Recovery Still Needs Feet on the Street

Current Affairs

Loan Sanctioning Is Digital but Recovery Still Needs Feet on the...

Mumbai: The Reserve Bank of India (RBI) has defended its heightened compliance requirements and its recent...

2 Sept 2024 5:43 PM

Financial charts and vehicle images symbolizing the projected surge in vehicle financing assets by CRISIL.

Vehicle financing to reach Rs 8 lakh crore in next fiscal

Non-banking finance companies set to see a 17% CAGR, with demand for commercial vehicles and government infra focus...

28 Dec 2023 12:19 PM

For smooth operations, doctors also need to ensure you meet everyday expenses, expand when needed, and constantly upgrade your facilities and skills.

8 Ways to Use a Doctor Loan for the Growth of Your Practice

Most lenders ensure the doctor loan interest rate is competitive, giving you access to affordable funding

9 Oct 2023 5:20 AM

Improving Loan Performance Portfolio: First Loan Default Guarantee as RMS

Improving Loan Performance Portfolio: First Loan Default Guarantee as...

In the digital lending model, fintechs partner with banks and traditional lenders – fintechs help in sourcing...

26 Jun 2023 1:57 PM