Search For "lending bank"
Unsecure lending by banks surge to Rs 46.9 lakh crore, raising risk sensit
Updated : 2 months, 1 week ago IST
Unsecured lending by banks in the country has witnessed a sharp rise over the last two decades, increasing concerns around risk sensitivity, according to a report by the State Bank of India (SBI).
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Corporate lending by banks to revive in coming quarters amid narrowing bor
Updated : 2 months, 3 weeks ago IST
The report noted that banks' loan growth to corporates has remained muted since the pandemic, largely due to aggressive deleveraging by companies and a shift towards alternative funding sources such as bonds, commercial paper and overseas borrowings.
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Understanding Background Checks in Education Loan Applications: What Stude
Updated : 7 months, 2 weeks ago IST
Gurgaon (Haryana) [India], July 22: As higher education costs continue to rise, education loans have become a vital financial resource for students across India. To ensure responsible lending, banks and financial institutions conduct comprehensive background checks before approving education
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Want To Boost Your Credit Score Easily? Here's How OneScore Can Help
Updated : 1 year ago IST
Pune (Maharashtra) [India], March 13: A low credit score is a common reason for the rejection of loan applications or unfavourable terms. A poor score indicates a higher level of risk for the lending bank or NBFC, making it more difficult for borrowers to secure the desired loan amounts, qui
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Digital initiatives to triple Indian retail borrowing to USD 2.5 trillion
Updated : 1 year, 7 months ago IST
Recognising the impact of digitisation in the country, S&P Global Ratings said that the state-backed digital initiatives will underpin a tripling of Indian retail borrowing by 2030, lifting Indian households' debt to about USD 2.5 trillion or about 34 per cent of GDP.
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Fi (Epifi Technologies Pvt Ltd) Goes Live On Scienaptic's AI-powered Credi
Updated : 1 year, 9 months ago IST
New York [US]/ Bangalore (Karnataka) [India], June 19: Leading global AI-powered credit underwriting platform provider Scienaptic AI announced today that Fi (Epifi Technologies Pvt. Ltd.) has completed deployment and is live on its Credit Decisioning Engine platform. This deployment facilita
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FM Sitharaman meets Japan Bank for International Cooperation's governor in
Updated : 2 years, 10 months ago IST
According to the finance ministry's tweet on Wednesday, the finance minister encouraged the engagement of JBIC with Indian financial institutions such as Exim Bank, National Investment and Infrastructure Fund (NIIF) and lending banks to leverage the strength and complementarities of both cou
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