RBI hikes risk weights on unsecured bank, NBFC loans by 25%
In response to the unprecedented growth in unsecured retail loans and the consequent concerns regarding rising systemic risk, the Reserve
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Tag: personal loans
RBI hikes risk weights on unsecured bank, NBFC loans by 25 bps
In response to the unprecedented growth in unsecured retail loans and the consequent concerns regarding rising systemic risk, the Reserve
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Festival season-led demand drives record loan disbursals for NBFCs in October
The festival season-led spending and consumer exuberance is driving strong record disbursals for NBFCs, led by both consumer and MSME
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Rise in 90-day delinquencies for credit cards, personal loans: TransUnion CIBIL
Balance-level serious delinquencies, measured as 90 dpd (days past due), improved across product categories, except for credit cards and personal loans.
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Broker’s call: Shriram Finance (Buy)
Target: ₹2,300 CMP: ₹1,867.65 Post-merger entity Shriram Finance is a multi-product play having synergistic growth spurt at disposal. Its stronger
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Personal loans: Banks, NBFCs told to clearly inform borrowers about impact of an interest rate change
The Reserve Bank of India has asked regulated entities (REs) to clearly communicate to borrowers the possible impact of a
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Bank credit registers robust 16.3% y-o-y growth in June 2023
Bank credit registered a robust growth of 16.3 per cent year-on-year (y-o-y) in June 2023 as compared with 15 per cent
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Unsecured loans jump 47% in two years till March led by small-ticket lending
Unsecured retail loans grew at a compound annual growth rate (CAGR) of 47 percent from March 2021 to March 2023
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Bajaj Finance Q4 PAT up 25% on strong AUM, NII growth
Bajaj Finance reported a net profit of Rs.2,837 crore for the fourth quarter of FY23, up 25 percent year-on-year driven
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