UN Secretary-General Antonio Guterres on Wednesday launched the Sevilla Forum on Debt, highlighting that developing countries face crushing debt, spending more on repayments than on health and education. He stressed the need for fair borrowing, debt restructuring, and a global platform to
"Slower economic growth and effects of higher tariffs continue to pressure global structured finance (SF) asset performance, particularly asset classes backed by weaker borrowers" noted the report
New Delhi [India], October 15: A business loan provides financial assistance to entrepreneurs and enterprises to support operations, working capital, or expansion. It is often used for purchasing machinery, paying salaries, or investing in growth. Borrowers usually benefit from repayment fle
Mumbai (Maharashtra) [India], October 15: TransUnion CIBIL, India's pioneer information and insights company, was the Credit Insights partner of the Global Fintech Fest 2025 (GFF) held from October 7-9, 2025, at the Jio World Centre, Mumbai. Across the three-day event, TransUnion CIBIL highl
The Pradhan Mantri Awas Yojana-Urban 2.0 (PMAY-U 2.0) is not only fulfilling the dream of home ownership for millions of urban poor and middle-class families but is also driving a remarkable transformation in digital payment behaviour, noted a research report from the State Bank of India (SB
The organised gold loan market in India is projected to reach the Rs 15 trillion mark by March 2026, a year ahead of earlier expectations, according to credit rating agency ICRA. The surge is attributed primarily to the sustained uptrend in gold prices, which have scaled record highs in rece
Growth in loan originations for younger consumers slowed to six per cent in the quarter ended June 2025, down from nine per cent in the same period last year, according to TransUnion CIBIL's September 2025 Credit Market Report.
India's financial system is undergoing a major shift as the ways in which borrowers raise funds have expanded far beyond traditional bank loans. According to a Bank of Baroda press release, total resources raised in the economy have more than doubled in the last five years, reflecting the ch
New Delhi [India], September 15: The loan comparison space gets a powerful upgrade in 2025 with the official launch of RightPaydays.com, a fast, secure, and user-friendly platform that allows consumers to compare payday loans, personal loans, and more in just one click. Designed to serve as
New Delhi [India], September 10: A personal loan helps individuals manage financial needs such as travel, education, or medical expenses. These loans are available in two categories, secured and unsecured. Each type follows a different process and requirement structure. Choosing between them
Mumbai (Maharashtra) [India], September 3: Firstsource Solutions Limited (NSE: FSL) (BSE: 532809), a leading global provider of specialist domain-led Business Process Services (BPS) and an RP-Sanjiv Goenka Group company, has been recognized as a Horizon 3 Market Leader in HFS Research's HFS
New Delhi [India], August 30: A conspicuous lack of credit solutions which infuse capital at the optimal time for the borrower probably remains the biggest impediment in the quest for credit formalization in India. And this is down to the fact that acceleration of cash-flow is dependent on f