New Delhi [India], September 10: Collect CoLabs - a Spocto X initiative hosted its sixth edition in partnership with Fintech Association for Consumer Empowerment (FACE). Being India's most exclusive forum for collection leaders, it brought together over 20 senior leaders from banks, NBFCs, f
The Reserve Bank of India's decision to lower interest rates has led to a marked decline in borrowing costs for companies, thereby boosting debt serviceability across several sectors, according to a report by the Bank of Baroda (BoB).
New Delhi [India], August 28: Zavo's India's largest community of EMI payers, today announced the launch of EMI Game--a competitive repayment league where borrowers are rewarded for timely payments with prizes worth up to ₹75 lakh.
Among the largest economies, India stands out with a median age of 28.8 years in 2025, the second-highest savings rate, and a government debt-to-GDP ratio projected to decline from 81.3% in 2024 to 75.8% by 2030, unlike its peers, where debt levels are rising.
New Delhi [India], August 26: Debt has become a growing challenge in India, affecting families, small businesses, and large companies alike. Many are struggling with long repayment cycles and mounting pressure, which often disrupts stability and peace of mind. It is in this backdrop that Leg
New Delhi [India], August 19: Credgenics, the leading provider of SaaS-based debt collections and resolution technology platform, today announced a ground-breaking initiative, CG Setu, to reshape field debt collections with the acquisition of Arrise, one of India's largest collections servic
Second Party Opinions (SPOs) have emerged as a key instrument to ensure that environment, social and governance (ESG)-labelled bonds and loans meet global standards and remain credible in the eyes of investors. According to a report by ICRA ESG Ratings Limited, SPOs are designed to provide a
Pune (Maharashtra) [India], August 18: Bajaj Markets enables borrowers to access personal loans without the need for any collateral, making financial assistance simple and stress-free. Applicants can borrow up to ₹55 Lakhs with interest rates starting as low as 9.99% per annum. With no
YSRCP's Sake Sailajanath and Ambati Rambabu sharply criticized Andhra CM Chandrababu Naidu for focusing on political attacks while failing on governance. They accused Naidu of accumulating heavy debt, rigging polls, and breaking key welfare promises like free bus travel, unemployment allowan
According to police, Srinivasa Rao, while working as a labourer in Tirupati, had borrowed Rs 5 lakh from accused Eswar Reddy. Since Rao failed to repay the amount, Reddy decided to target his daughter.
The Reserve Bank of India (RBI) has permitted persons resident outside India holding Special Rupee Vostro Accounts (SRVAs) to invest their surplus rupee balances in central government securities, including treasury bills
Pune (Maharashtra) [India], August 8: Markets don't move in a straight line. Some days they rally. On others, they slide. And sometimes, they move sideways -- neither rising nor falling sharply.