Lenders: Latest News and Updates, Top Stories, Videos, Photos About Lenders

How to Increase Credit Score without Using Credit Card?

Your credit score is a numerical representation that indicates a cardholder's creditworthiness and plays an important role in determining rejection or approval for an individual's loan and credit card application. CIBIL score, a three-digit numeric value is the most important consideration ...

RBI tightens norms for consumer credit, raises risk weight on unsecured personal loans

The Reserve Bank of India (RBI) has tightened norms for consumer credit by raising the risk weight on unsecured personal loans by 25 percentage points. This move is aimed at making lenders more cautious on such advances....

Lenders Wary About New To Credit The Customers, Says Cibil Report

Lenders seem to be turning wary about serving the New To Credit (NTC) customers and showing more preference towards existing borrowers, a report said on Wednesday. Demand for credit continues to accelerate even after the end of the festive ...

BFSI: Lenders Could Turn Cautious

Lenders could turn more risk-averse in unsecured segment and business loans, Emkay Global has stated in its latest report on the BFSI sector. According to the broking firm, with the unlocking of the economy in H2FY21, growth momentum in unsecured loan ...

PMJDY Accounts Turning Profitable For Lenders

The Pradhan Mantri Jan Dhan Yojana (PMJDY) which got off to boost financial inclusion among weaker section of the society has proved to be profitable for the bankers. There has been reported a steady surge in the average balance in such ...

Banks Finally Accept Jet Airways To Be Dead

The ailing airline which grounded its last plane in April end now by all efforts by the debt laden airline and its lenders has been accepted to be dead by the company's group of lenders led by the SBI. As there ...

Jet Airways Falls For Second Day Even As NCLT Adjourns Insolvency Plea

Jet Airways shares tumbled for the second-straight day to hit a 52-week low of Rs. 78.15 on the NSE. The stock has been dragged lower by as much as 15% in intra-day trade on Friday even as the NCLT adjourned the ...

Jet Airways Shares Soar After 3-Days Of Losses

The debt laden airline Jet Airways which has halted its operation after a 3-consecutive day of losses has surged as much as 8% in intra-day trade on Thursday. But some of the early gains have been shed in the later hours ...

What Is Pledging Of Shares? Why Is Pledging By Promoters Significant?

Pledging of shares is done to raise money against one's stake in the company. It can be done by both investors as well as promoters of the company. Promoters can pledge held shares of their company with the financial institution to ...

What Is Alternative Data Used By Financing Companies?

For individuals opting for credit facility for the first time, who do not have any data pertaining to last re-payment record, financial companies and more so NBFCs and fintech companies are extending small ticket size loan upto 2 lakh resort to ...

Why banks ask for account statement for processing of loan?

Every time you go to a bank to apply for a loan, one of the prerequisite document to be submitted with the bank for processing of the loan is bank statement of previous six months. So, what do banks try to ...

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