On April 26, the RBI issued certain clarifications on the permissibility of default loss guarantee in digital lending.
Allows sanction and disbursal under eCOM, Insta EMI Card.
The net profit of the bank fell 13.9% year-on-year (y-o-y) to Rs 287.6 crore in the March quarter due to…
Both these products are offered by the company’s subsidiary CRISS Financial.
Going ahead, the company intends to reduce its overall GNPA to 1-1.1% by March 31. The net interest margin is…
Interview: YS Chakravarti, MD & CEO, Shriram Finance
The rural business book rose 32% y-o-y to Rs. 24,716 crore as on March 31 aided by a strong focus…
The company’s receivables rose 25% y-o-y to Rs 50,846 crore in the March quarter
he report showed that there is a shifting borrower preferences towards smaller-ticket loans during the festive season with average ticket…
Currently, the company’s sustainable housing portfolio constitutes less than 10% of the overall loan book.
Experts see a drop of at least 10-12% in the coming months.
Currently, over 100 million customers use Amazon Pay UPI for shopping, paying bills, paying at online merchants, and sending money…
Net interest margin (NIM) will remain a key monitorable in the March quarter too as the borrowing cost has continued…
The company is also planning to launch its own unified payments interface (UPI) handle
On the other hand, many housing finance companies funded big-ticket size township-led projects with a delivery period of five to…
Data from CareEdge Ratings indicate that banks have around 40% market share in the used commercial vehicle segment while the…
Strong growth gives ample space to focus on inflation
LenDenClub, Liquiloans, Faircent and Lendbox are among the noteworthy P2P platforms in the country.
