Lenders wary of unsecured loans with rise in over-leveraged clients
Banks and non-banking finance companies (NBFCs), including Axis Bank, Kotak Mahindra Bank (KMB), Bajaj Finance and Piramal Enterprises, are being
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Banks and non-banking finance companies (NBFCs), including Axis Bank, Kotak Mahindra Bank (KMB), Bajaj Finance and Piramal Enterprises, are being
Continue readingEarlier this week, when Poonawalla Fincorp announced that Arvind Kapil is the company’s new MD & CEO, it caught many
Continue readingPhoto Credit: Ruby Sharma The State Bank of India, the country’s largest lender, has slowed down unsecured retail loans
Continue readingCost of funds for L&T Finance Holdings could increase by 12-14 bps due to the Reserve Bank of India’s recent
Continue readingThe Reserve Bank of India’s recent measures to tighten norms for unsecured retail loans will help strengthen underwriting norms through higher
Continue readingSustained high growth in unsecured retail loans can increase the risk of mispricing and misjudgement, which could have a direct impact on
Continue readingReserve Bank of India and the top NBFCs and HFCs (housing finance companies) of the country discussed issues such as
Continue readinggrowth forecast for NBFCICRA Ratings said on Thursday that housing finance and housing finance companies improved to 13-15 percent from
Continue readingAs part of heightened caution amid growing macroeconomic uncertainty and bank failures in the US and Europe, India’s central bank
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