Credit Market

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

Bain-backed 360 One WAM plans largest private credit fund in India

A growing pipeline of deals is nudging India's private credit market closer to the $10 billion mark as Prime Minister Narendra Modi's infrastructure push fuels a boom in funding among mid-sized firms

Hot India's private credit market faces risks as exuberance grows

Local firms are fueling competition with global giants such Cerberus and Oaktree Capital Management

Bank deposit growth moderates to 11.8% in early October: RBI data

Banks have calibrated credit growth, keeping in mind the challenge of raising deposits as well as RBI's concerns over the high pace of growth in the unsecured credit segment

Give borrower info until loan cycle or shutdown: RBI to credit institutions

In these cases, the repayment history of these entities' borrowers is not updated, even if they continue to repay or clear their dues

Lending takes turn for U: How new credit platform can be a game changer

Moving pieces need to be synchronised for Unified Lending Interface to work

Idea behind SROs is not to make them more regulatory: Anish Mashruwala

The idea of SRO is not to make it more regulatory but it's more decentralisation from the regulator to allow a larger sense of how a particular product in the industry should develop, he says

RBI mandates fortnightly credit information reporting to boost transparency

Credit institutions (CIs) are required to report the credit information of their borrowers to credit information companies

RBI moots certain regulatory principles for models of credit management

The model should have the necessary scalability and flexibility to meet the needs of dynamic business conditions

RBI Governor Das asks banks to step up efforts to fight digital frauds

RBI governor, deputy governor met CEOs of public sector banks, private banks

Retail loan growth moderates to 17.8% due to slowdown in unsecured credit

Within the retail segment, credit growth in housing, the largest constituent of the retail category