BFSI sector has registered steady credit with strong growth in overall outstanding loans increasing by around 16 percent year-on-year in…
Browsing: Personal loans
Domestic loan sanctioning of non-banking finance companies (NBFCs) fell 2 two percent YoY in Q3 FY24 to Rs 47,199 crore…
Bank credit growth is likely to be in the range of 14%-14.5% at FY25 end due to economic expansion, increase…
Collection efficiencies from 92% to 107% across all asset classes in FY2024 to date, aided by a favorable operating environment,…
The NBFC sector continued to witness an upward trend in credit growth between September 2022 and September 2023. Gross advances…
Digital personal loans from Fintech NBFCs, while worth 5 percent of the personal loan market by outstanding value, continue to…
Gross bank credit witnessed an increase of 19.9% per year (June) in December 2023 supported by continued demand from the…
The BFSI Sector is witnessing a healthy traction in loan growth despite uncertain global macroeconomic factors. There was a corresponding…
In a move to address the growth of unsecured loans, the Reserve Bank of India (RBI) has implemented significant changes…
Jio Financial Services Ltd (JFSL) is adjusting its lending strategy, following the Reserve Bank of India’s (RBI) recent restrictions on…