Tag Archives: Credit

Job Loss: How NBFCs lend money to first-time borrowers with no credit record?

NBFCs are actively working out for technology-based solutions to disburse small ticket size loans to people having no credit history. With the economic activities coming to a standstill during the nationwide lockdown imposed to contain the spread of highly contagious Novel Coronavirus COVID-19, many people, especially those working with unorganised sectors, have lost their jobs. During this moment of crisis, ... Read More »

‘Indian Banks Take More Risk During Upturn In Credit Growth’

New Delhi: Indian banks tend to take more risks during times of higher credit growth while the non performing loans of private sector lenders are more reactive to changes in interest rates, says a working paper released by Switzerland-based BIS. Titled ‘Bank lending and loan quality: the case of India’, the working paper said the non-performing loans (NPLs) of private ... Read More »

‘Indian Banks Take More Risk During Upturn In Credit Growth’

New Delhi: Indian banks tend to take more risks during times of higher credit growth while the non performing loans of private sector lenders are more reactive to changes in interest rates, says a working paper released by Switzerland-based BIS. Titled ‘Bank lending and loan quality: the case of India’, the working paper said the non-performing loans (NPLs) of private ... Read More »

SBI Begins To Look Bullish At Credit Growth

Arundhati Bhattacharya said the nation’s largest lender is likely to revise its credit growth target. Mumbai: State Bank chief Arundhati Bhattacharya on Tuesday said the nation’s largest lender is likely to upwardly revise its credit growth target for the current financial year beyond the budgeted 12 per cent. “We are already growing at very close to 12 per cent. This is ... Read More »