Credit Market

Unclear guidelines hold back growth of credit line on UPI since launch

Industry sources in the know added that more clarity was required in terms of reporting the use of credit line on UPI to credit bureaus in the country.

India Inc. looks past banks for credit, turn to bonds and commercial papers

Absolute outstanding bank credit amount of large enterprises declined 32.67% from March-end to July-end this year

SME Chamber of India urges credit reforms, permanent RBI advisory body

SME Chamber of India has called for easier MSME loans, waivers of fees and guarantees, and a permanent RBI Standing Advisory Committee to resolve financing challenges

Oolka raises $7 million seed funding led by Lightspeed India, Z47

AI credit management platform Oolka raises $7 million in seed funding led by Lightspeed India Partners and Z47, with plans to expand tech and product teams

Apollo aims to double India assets to $4 billion in 3 years on credit boom

The New York-based asset manager, which has about $2 billion assets in India, mainly in private credit, is targeting sectors including infra, financial services, industrials and supply chain finance

Private credit 2.0 expands beyond traditional uses, set for growth in India

Private credit solves two gaps in the market: It helps where the banking system is unable to and offers bespoke solutions to corporate borrowers' specific needs

Private credit deals gaining momentum in India, says Cerberus MD Ghosh

Cerberus, which has $65 billion under management globally, was among the anchor investors in Shapoorji Pallonji Group's $3.4 billion financing, the country's largest private credit deal to date

RBI bulletin: India's economic activity 'resilient' amid global flux

Trade policy outcomes in July, after the temporary tariff hiatus is over, and the future course of geopolitical events would likely shape the medium-term economic prospects

DFS Secretary urges fast-tracking of government data integration with ULI

ULI, seen as the UPI of credit, gets a push from the DFS and RBI, which have asked ministries and states to onboard datasets for seamless and inclusive credit delivery

Quicker credit data updates will aid underwriting: TransUnion CIBIL MD, CEO

CIs get fresher data when underwriting or extending additional lines of credit, says Bhavesh Jain

Microfinance defaults stay elevated in Q4FY25, says India Ratings

Credit costs to touch 9.6% for FY25; sustained recovery in collection only from H2FY26

Sidbi partners with France's lender AFD for $100 million credit line

The Small Industries Development Bank of India on Wednesday said it has tied up with AFD, under which the French lender will provide a USD 100 million credit line. The resources will be deployed by Small Industries Development Bank of India (SIDBI) to scale up its green finance solutions for the Indian micro, small and medium enterprises (MSMEs), according to a statement. AFD will provide a credit line of USD 100 million to SIDBI to expand access to affordable financing for MSMEs investing in energy-efficient technologies, renewable energy solutions, and climate-friendly business practices, it said. Both the partners are committed to fostering sustainable economic development and enhancing climate resilience in emerging markets, the statement said, adding that the tie up leverages AFD's climate financing strengths and SIDBI's MSME understanding. "The USD 100 million credit line signed with SIDBI marks a crucial step in empowering MSMEs to invest in sustainable solutions. MSMEs have

Bank of India seeks its first dollar loan of $400 million in over a decade

Bank of India joins a slew of other Indian borrowers seeking to raise foreign currency debt this year. Reliance Industries Ltd. is looking to borrow as much as $3 billion

RBI releases master direction on reporting of customers credit information

The RBI on Monday came out with a master direction consolidating various instructions issued to banks and other financial institutions on reporting of the credit information of their customers. As per the master direction, credit information companies (CICs) will have to send alerts through SMS/ email to customers when their Credit Information Report (CIR) is accessed by the specified users (SUs). "The alerts shall be sent by CICs only when the CIR enquiry reflects in the CIR of the customer," said the Master Direction Reserve Bank of India (Credit Information Reporting) Directions, 2025. Also, Credit Institutions (CIs), which include banks and Non-Banking Financial Companies (NBFCs), will have to inform customers the reasons for the rejection of their request for data correction, if any, to enable such customers to better understand the issues in the CIR. "Complainants shall be entitled to a compensation of Rs 100 per calendar day in case their complaint is not resolved within a

India's credit market reflects K-shaped pattern, says Nomura report

Share of consumption loans is increasing, while share of asset-creating loans is falling

MultiPlan Corp signs agreement with creditors to refinance $4.5 bn debt

Holders of about 78 per cent of various bonds and term loans have agreed to the deal, which targets debt due between 2026 and 2028

SBI's business may hit Rs 100 trillion in FY26, says Chairman CS Setty

Sets three-year horizon for achieving net profit of Rs 1 trn per annum

BlackRock agrees to buy private credit group HPS Investment Partners

BlackRock, the world's largest asset manager overseeing more than $10 trillion, is seeking to capitalize on a boom in investor demand for alternative assets, ranging from private equity to infra

60% of lenders on P2P platforms earned returns of over 20%: Report

26% of them faced partial losses to their principal amounts, says lending platform

Credit for growth: Enhanced credit flow to boost MSME investment, growth

Since credit is growing at a healthy pace, lenders must properly evaluate businesses before extending credit