Latest Updates Around The World
According to the Crisil Ratings report, the assets under management (AUM) of non-banking financial companies (NBFCs) specializing in gold loans will witness a compound annual growth rate (CAGR) of 40 per cent between this fiscal and the next, crossing ₹4 lakh crore by March 2027. The increase in assets under management of NBFCs (with a […]
Banks have reported a marked improvement in asset quality in the unsecured personal, micro and credit card lending segment in Q2FY26, a sore point during the last fiscal as the focus was on providing better quality loans to disciplined borrowers. Lenders are now focusing on gradually rebuilding their unsecured lending business as repayment trends improve, […]
The Banking Sector of India is located at a bending point, in which banks in the public sector (PSBs) reverses a decade -long fall in the market share, even as the total moderate expansion of credit. After a strong CAGR of 15.6% in FY22-24, the growth of the system loan illuminated to 9.8% JoJ in […]
