Indian Lenders Brace For Rising Defaults As RBI Tightens Microfinance Loan Rules
Microfinance loans, typically collateral-free and aimed at borrowers with annual incomes of up to Rs 300,000 (USD 3,556), are ...
Stock market update: Nifty Bank index 0.13% in an upbeat market
AM(IST)on Wednesday in an upbeat market. Bank of Baroda(up 1.63 per cent), ICICI Bank Ltd.(up 1.0 per cent), State Bank of India(up 0.99 per cent), Punjab National Bank(up 0.91 per cent) and Bandhan ...
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Surge In Retail Loan Defaults Pose A Risk To Indian Economy
These concerns became more pronounced after lenders such as IndusInd Bank and Kotak Mahindra Bank found elevated stress in ...
Stress in India’s Small Loans Signals Pain for Stocks, Economy
A rise in retail-loan defaults in India due to aggressive lending practices is reverberating in the stock market, with ...
India's shadow lenders retreat as bad loans increase amid crackdown
Bajaj Finance, one of the largest unsecured lenders, is cutting the number of clients with multiple loans, according to a presentation ...
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Shadow lenders retreat as bad loans rise amid crackdown
joined rivals including Shriram Finance Ltd., Mahindra & Mahindra Financial Services Ltd., and IIFL Finance Ltd. that posted ...
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India’s Shadow Lenders Retreat As Bad Loans Rise Amid Crackdown
These firms are grappling with an increase in bad loans, margin compression and intense competition for deposits, according ...
Rising defaults in small loans signal pain for Indian stocks, economy
Retail-loan defaults are increasing in India. This is impacting the stock market. Analysts are concerned about the impact on ...