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  • CRED CEO Kunal Shah: Most second-time entrepreneurs target top 40 million customers Sep 04, 2020 02:05 PM IST

    CRED CEO Kunal Shah: Most second-time entrepreneurs target top 40 million customers

    It is hard to monetise a business that caters to everyone, Kunal Shah says, adding Chinese are leagues ahead of Indians—per capita income of urban China is far higher. While 90% of the urban Chinese women work, in India, the number is just 10%.

  • Seasonal loan contraction lower this year compared to the last Jul 01, 2020 12:56 PM IST

    Seasonal loan contraction lower this year compared to the last

    Data seem to indicate that firms, especially large companies, seem to be drawing up to their limits and not repaying, thanks to the moratorium

  • EXCLUSIVE | Swiggy’s latest offering: Supplies on credit for partner restaurants May 27, 2020 01:42 PM IST

    EXCLUSIVE | Swiggy’s latest offering: Supplies on credit for partner restaurants

    Swiggy Staples Plus, which is being tested, will offer the credit option to restaurants that get their supplies through Swiggy Plus.

  • Rs 3 lakh crore credit guarantee scheme may be launched this week; to offer attractive rate of 9.25% May 17, 2020 07:28 PM IST

    Rs 3 lakh crore credit guarantee scheme may be launched this week; to offer attractive rate of 9.25%

    Credit Guarantee Scheme worth Rs 3-lakh crore for MSMEs, announced as part of Rs 20 lakh crore economic package, is likely to become operational later this week.

  • Coronavirus pandemic | Rating firm Crisil postpones AGM due later this month Apr 08, 2020 11:37 AM IST

    Coronavirus pandemic | Rating firm Crisil postpones AGM due later this month

    Credit rating firm Crisil on Wednesday said it has postponed its annual general meeting, which was scheduled for later this month, due to the coronavirus pandemic

  • RBI allows lenders to finance larger amounts on P2P platforms Dec 05, 2019 05:08 PM IST

    RBI allows lenders to finance larger amounts on P2P platforms

    However, a lender cannot give more than Rs 50,000 to the same borrower across all P2P platforms, at any point in time.

  • Chart of the Day | Bank non-food credit contracts in first half of fiscal year Nov 01, 2019 09:51 AM IST

    Chart of the Day | Bank non-food credit contracts in first half of fiscal year

    Advances to both industry and services slump

  • Fintechs eye an opportunity as young borrowers splurge on dine outs and gadgets Sep 23, 2019 12:30 PM IST

    Fintechs eye an opportunity as young borrowers splurge on dine outs and gadgets

    Fintechs provide teenagers and those in their 20s, with easy credit to meet their day-to-day expenses

  • Real Estate sector boost expected this week, policy changes in the works: Report Aug 28, 2019 01:02 PM IST

    Real Estate sector boost expected this week, policy changes in the works: Report

    The package, aimed primarily at home buyers and real estate developers, is expected this week

  • Retail loans hit five-year low, drop to 7.3% in H1FY19: Report Aug 06, 2019 03:06 PM IST

    Retail loans hit five-year low, drop to 7.3% in H1FY19: Report

    The subdued numbers come at a time when dismal employment and low consumption demand have been dragging economic growth.

  • Budget Snapshots | Rising incremental credit to deposit ratio calls for budgetary measures to spur deposit growth Jun 14, 2019 11:57 AM IST

    Budget Snapshots | Rising incremental credit to deposit ratio calls for budgetary measures to spur deposit growth

    If the budget introduces measures to encourage savers to direct more flows to bank deposits, then banks could lower interest rates

  • Amazon launches 'secured' credit card for untapped buyers in US: Report Jun 11, 2019 04:29 PM IST

    Amazon launches 'secured' credit card for untapped buyers in US: Report

    Termed the 'Amazon Credit Builder', the programme lets users with no credit or bad credit build credit through a secured card.

  • 100-Word Take | Bank credit to NBFCs contracts in January Mar 01, 2019 09:48 AM IST

    100-Word Take | Bank credit to NBFCs contracts in January

    Banks have been wary of defaults by NBFCs and the latest data confirm the liquidity crunch they are facing.

  • ICICI, Axis, HDFC Bank, 8 others set to launch blockchain-linked funding for SMEs Jan 29, 2019 11:14 AM IST

    ICICI, Axis, HDFC Bank, 8 others set to launch blockchain-linked funding for SMEs

    Representatives from the banks have met a few times to establish a live network to make supply-chain finance more transparent and secure

  • Quick Take | Why Ola wants to hail an NBFC license Jan 24, 2019 05:56 PM IST

    Quick Take | Why Ola wants to hail an NBFC license

    Cab aggregators are looking to diversify as business growth is slowing down. Softbank-backed Ola already does transactions and an NBFC licence will help it diversify into allied segments for growth.

  • Editor's Take | RBI Board Meeting: Great Expectations Dec 14, 2018 01:21 PM IST

    Editor's Take | RBI Board Meeting: Great Expectations

    The meeting will review the progress with respect of some of the decisions taken in the last meet on November 19.

  • NBFC liquidity crisis: Banks see room for growth Oct 29, 2018 04:30 PM IST

    NBFC liquidity crisis: Banks see room for growth

    The rate hikes by banks also indicate that banks are getting comfortable in their pricing power as the liquidity crunch and tighter access to the bond market is weighing on the NBFCs.

  • Managing Money with Moneycontrol | Credit cards: Boon or bane? Sep 07, 2018 09:01 PM IST

    Managing Money with Moneycontrol | Credit cards: Boon or bane?

    In this video, we demystify the popular myths surrounding plastic money.

  • Unable to get a loan due to poor credit score? Here is what you should do Aug 08, 2017 12:17 PM IST

    Unable to get a loan due to poor credit score? Here is what you should do

    A good credit score ensures that any loan you apply for gets sanctioned quickly. The score reflects one’s track record in handling credit.

  • Record slowdown in bank credit growth; 1,000 companies borrowed Rs 1 trillion less in FY17 Jun 26, 2017 06:30 PM IST

    Record slowdown in bank credit growth; 1,000 companies borrowed Rs 1 trillion less in FY17

    Some of the best-known companies that have lowered loan funds include Gail India (-48%), Piramal Enterprises (-37%), National Fertilizers (-37%), L&T (-24%) Hindalco (-20%) and Jet Airways (-22%).

  • Why non-food credit data is losing its relevance Apr 17, 2017 04:32 PM IST

    Why non-food credit data is losing its relevance

    The numbers simply don’t add up. How can a country growing at 7 percent see its non-food credit grow at around 5 percent?

  • Credit growth plunges to over 60-year low of 5% in FY17 Apr 16, 2017 11:57 AM IST

    Credit growth plunges to over 60-year low of 5% in FY17

  • Indian banks' loans rose 4.4% year-on-year in two weeks to March 17: RBI Mar 31, 2017 08:54 PM IST

    Indian banks' loans rose 4.4% year-on-year in two weeks to March 17: RBI

    Indian banks' loans rose 4.4 percent in the two weeks to March 17 from a year earlier, while deposits rose 13 percent, the Reserve Bank of India's weekly statistical supplement showed on Friday.

  • EXCLUSIVE: Banks' stressed loan sale weak despite recognition: ARCIL CEO Mar 06, 2017 10:33 AM IST

    EXCLUSIVE: Banks' stressed loan sale weak despite recognition: ARCIL CEO

    Sale of stressed assets has fallen sharply in FY17, despite improved recognition by banks. Vinayak Bahuguna, CEO of ARCIL, the country‘s largest asset reconstruction company, in an exclusive interview with Malini Bhupta explains why banks are not willing to sell down their stressed assets and what can be done.

  • Indian economists seek GDP clues amid data doubts Mar 02, 2017 09:18 PM IST

    Indian economists seek GDP clues amid data doubts

    For India's cash-reliant economy, Prime Minister Narendra Modi's decision in November to outlaw old 500 and 1,000 rupee banknotes came as a big shock.

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