Page 5 - Credit Market

BNPL credit facility used without caution can lead to a debt trap

Understand all the attendant costs of this facility; delayed repayment will hit your credit score

Credit-deposit growth gap widens to a three-year high of nearly 5%

Development fuels concern that slow deposit growth could emerge as one of the biggest constraints for loan growth in the system

Robust credit growth continues, small and mid-size businesses gain

RBI data showed that credit to industry grew 8.7 per cent in May

Fintech has potential to transform India's financial landscape: MoS Finance

Industry looks at credit card penetration as a key growth driver in future

Lending app Money View raises $75 mn from Tiger Global, Accel, others

Money View has raised USD 75 million in Series-D funding from Tiger Global, Winter Capital, Evolvence India and Accel, along with other investors

MFIs seek extension of credit guarantee scheme till FY2023

The industry body said smaller MFIs are finding it difficult to mobilise additional/new investment

Private credit fashions a cautious entry, attracts attention of PE players

Despite differences over the projected size of this market, a growing number of PE funds are testing the waters

FM hands over Rs 306-cr credit sanction letters to 145 beneficiaries in J&K

Union Finance Minister Nirmala Sitharaman on Tuesday handed over credit sanction letters of Rs 306 crore to beneficiaries in Jammu and Kashmir and announced a host of initiatives

1.75 million received Rs 76,012 crore loans during festival period

Banks say efforts now to expand credit to ensure economic revival is durable

Credit active consumers rise 7% during Feb-Oct this year: Report

According to the report, credit inquiries also jumped 54 per cent during the said period

China's central bank vows to boost credit support, stabilise money growth

The People's Bank of China will keep monetary policy stable with a good cross-cyclical design and will support high-quality economic expansion with "appropriate money growth," according to a statement

MSME credit demand surges as markets reopen in June: Report

In March 2021, commercial credit enquiries were at 32 per cent over pre-Covid-19 levels.

Corporate bond credit spreads widen as investors shun risk

The spread on the ICE BofA US High Yield Index, a commonly used benchmark for the junk bond market, spiked from 318 basis points on Friday to 344 basis points as of the last update late Monday

Cash-driven informal credit market reaches $500 billion in India

While India has a highly under-penetrated formal credit market, it has a very large informal credit market.

Retail, farm credit get traction in May amid Covid-induced slowdown

Credit to Mid, small units also see higher growth

Credit to MSMEs, agriculture rises; personal loans register 12.6% growth

Credit growth to agriculture and allied activities accelerated 11.3%, compared with 4.7% the previous year

Retail loans set to become largest segment for Indian banking industry

Lenders depending on personal loans rather than industrial credit

Kotak Investment, Allianz Group tie-up for India's private credit market

Allianz's total private credit investments in the country is worth about $650 million and it is looking to increase it to $1 billion in 2021

Global investors flock to private debt space, expect huge demand for credit

Private debt means debt given to privately held companies or buying those loans in the secondary market

When will SC status quo on bank loans end?

If it continues, wary of borrowers' opportunism and distorted credit discipline, banks may not come forward to lend even if we shout ourselves hoarse over their risk averseness