Latest Updates Around The World
Financing innovation | Photo credit: naum Economists and others have long known that innovation is one of the key drivers of economic progress. This year’s Nobel Prize in Economics has once again brought this to the fore. What does it mean for India now? Until about 25 years ago, India’s focus was not on innovation. […]
Umesh Revankar, Executive Vice Chairman, Shriram Finance Shriram Finance, a major auto loan company, is aiming to expand its gold loan portfolio and launch gold-specific branches in a bid to diversify its asset base, Executive Vice Chairman Umesh Revankar said. business line. “While we will not be launching any new products, we will look to […]
Choose the right credit card for your stage of life Credit cards with more perks and benefits are likely to have an annual fee, which could be as high as $799. However, most credit cards on the market have fees closer to $120 per year, she said. Macmillan said consumers should look at where they […]
After a turbulent phase, the microfinance industry is now a gradual path to recovery, supported by operational reforms and structural shifts that promise to strengthen the Fundamentals of the sector in the long term. Although the road to standardization is slower than expected, industry experts believe that the worst credit cycle is lagging behind. Industry […]
RBI has also proposed to include the framework introduced in 2016 that the lending by banks does not approve of specified borrowers (with credit limit of the banking system of £ 10,000 crore and higher). | Photocredit: Dhiraj Singh The RBI relocation to improve the lending of banks to stock market investors will deepen the […]
The Swedish Buy-Now-Pay-Later company Klarna made his long-awaited public debut on the New York Stock Exchange on Wednesday, the last in a series of high-profile first public offers this year. Klarna sold 34.3 million shares to investors at $ 40 per share at the end of Tuesday. That is above the predicted reach from $ […]
The Economic Landscape of India is ready for an important increase after the recent government policy announcements aimed at stimulating consumption and reducing GST costs. Sunil Subramaniam in an interview with et now emphasizes the broad impact of these reforms: “This is probably just as broadly a regulation that we have seen and it is […]
In FY25, only 16 percent of the NTC loans were extended by banks and the rest was facilitated by shadow credit providers, says a banker | Photocredit: Prashanth Vishwanathan After the new Dring of the Government and Reserve Bank of India (RBI) for banks to punish loans to new customers of Nieuwe Credit (NTC) without […]
File photo: A logo from Reserve Bank of India (RBI) can be seen in the head office in Mumbai, India, April 6, 2023. Reuters/Francis Mascarenhas/File Photo | Photocredit: Francis Mascarenhas The share of people in the total credit was in the first quarter (April-June) of FY26, even when the share of industrial credit fell marginal, […]
