Domestic loan sanctioning of non-banking finance companies (NBFCs) fell 2 two percent YoY in Q3 FY24 to Rs 47,199 crore…
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Fintechs are quickly moving into the consumer durables space while banks are taking a back seat.Consumer term loans disbursed by…
The lending industry has evolved over the years, with a significant shift to the digital environment. While the fintech lending…
Multiple fintech companies are actively engaged in discussions with banks to explore the implementation of credit lines on UPI. Jupiter,…
Credit card spending in India has reached an all-time high, increasing to Rs 1.78 lakh crore, representing a whopping growth…
FinTech lenders face potential customer migration to traditional banks and NBFCs due to an anticipated rise in interest rates. The…
Fintech companies anticipate that the Reserve Bank of India’s (RBI) recent directive on unsecured loans will manifest its impact within…
The Reserve Bank of India’s (RBI) move to raise risk weights on consumer loans might increase borrowing costs for non-banking…
India’s steps to limit riskier bank lending to consumers will hit loan growth, and put pressure on the non-banking sector…
According to a Jefferies report, the Reserve Bank of India’s move to increase risk weighting on consumer loans will impact…