Lending

Co-lending 2.0 gains ground, but earlier avatar continues to cast a shadow

The reality is that co-lending did not take off because banks and NBFCs had to dance around issues after blowouts in shadow banking, and iron out the finer aspects of the model

Festive lending slowed in Q3 amid strict norms, tight liquidity: Report

Personal loan originations saw a steep decline in Q1 FY25 after consistent growth up to Q3 FY24

Poonawalla Fincorp launches gold loan business; eyes Tier-I, II expansion

The Cyrus Poonawalla Group-backed NBFC plans to open 400 new branches over the next four quarters, targetting Tier-II and Tier-III cities

RBI expands scope of colending arrangements to all regulated entities

This move is expected to enhance credit flow to underserved segments, such as micro, small, and medium enterprises (MSMEs), while also ensuring stronger customer protection, experts said

India subprime loans on edge of crisis with distress among 68% borrowers

The $45 billion industry will probably muddle through its latest difficulties, though analysts want the central bank to come up with more robust supervision

Microfinance stress continues to affect loan originations: CRIF data

Rising delinquencies, over-leverage strain the sector

December numbers signal improving microfinance situation: MFIN CEO

'Committed to ensure rates are set so that micro lending is viable, gains are passed to clients'

Onboarding in retail credit has to be reworked: Scienaptic's Joydip Gupta

Modern lending ecosystems now have access to richer data through alternate data sources such as Account Aggregators (AA)

Draft Bill moots unregulated lending ban, up to 10-year imprisonment

The Banning of Unregulated Lending Activities Bill calls for the CBI to handle probes in cases spanning multiple states or UTs

Rising delinquencies, aggressive lending put retail credit at risk

The stress in parts of retail lending is leading to business opportunities for those associated with the ecosystem

Yes Bank's Q2 result: Profit doubles to Rs 553 cr on strong lending income

Yes Bank's loans grew 12.4 per centon year, while deposits rose 18.3 per cent

Microfinance institutions must refrain from reckless lending: DFS secretary

Microfinance institutions (MFIs) have played a crucial role in fostering financial inclusion but they should refrain from any reckless lending, Financial Services Secretary M Nagaraju said on Wednesday. "We should all be careful on this. Any reckless or poor underwriting norms regarding lending to Self Help Groups (SHGs) or Joint Liability Groups (JLGs) will only harm the sector," he said at an event organised by Sa-Dhan here. Anything that will impact their capacity to repay back will actually harm MFIs, he said. "So, we should be very careful in what we lend, when we lend and how we lend because their financial literacy is limitedtheir exposure to the outside world is limited. We should not capitalize on that. We should actually try to empower them, provide the needed finance and also ensure hand holding so that they flourish," he said. Nagaraju said under the SHG-Bank Linkage Programme, there are more than 77 lakh groups with Rs 2.6 lakh crore outstanding loans benefitting about

RBI's lending ban cannot be the answer to India's credit excesses

Excesses spike in post-pandemic inflation and an uneven recovery that bypassed working-class families has aggravated the challenge

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

Chinese regional banks' investment revenues soar even as lending falters

Chinese lenders are still facing challenges such as narrow margins and low loan rates

RBI mulls softer rollout of infra financing norms amid lender pushback

The central bank faced criticism claiming that the new norms may slow down important govt projects like highways and power plants, which are critical for India's economic growth

Debt exposure of domestic banks and NBFCs in Adani Group increase to 36%

Indian lenders, including domestic banks and non-banking financial companies, have extended Rs 88,100 crore to the Adani Group, out of its total debt of Rs 2,41,394 crore as of March 31, 2024

Indian lenders need $1 bn to upgrade core bank systems: BCG report

Companies' legacy core systems have various problems, it says

Capital One pledges $265 bn for lending, philanthropy to bag Discover deal

The plan also includes $600 mn for community development financial institutions, sixfold what the two banks had previously planned, and will boost planned philanthropic giving by 29% to $575 mn

Co-lending committee to submit report to finance ministry by next month

After the committee submits the report, the Department of Financial Services is expected to formulate guidelines to boost the co-lending space