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Total 397 results found. Search for [ Unsecured credit ]

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November 19, 2020
Formally called 'ICICI Bank Cardless EMI,' the bank stated on Thursday that this facility replaces debit or credit cards and digital wallets with mobile phones and PAN, making it easier for their pre-approved customers to purchase appliances of their choice

Anand Adhikari
New Delhi, November 12, 2020
Newly listed insurance, mutual fund, pure play credit card and small finance banking players are charming Dalal Street

Anand Adhikari
November 3, 2020
So far, the promoter SBI has committed the highest amount of Rs 13,000 crore followed by Central Bank of India, Punjab National Bank, HSBC, Bank of Baroda and Sumitomo Mitsui Banking Corporation

Anand Adhikari
October 29, 2020
The credit card outstanding data released by the RBI had also indicated a cautious approach. There is a negative growth of 3 per cent in the first five months of 2020-21 with credit card outstanding at Rs 1.04 lakh crore

October 28, 2020
According to ICICI Bank and Amazon Pay, the credit card has become fastest in the country to cross one million milestone. Amazon Pay and ICICI Bank introduced the co-branded credit card in 2018

October 27, 2020
Debt instruments have been approved to bond subscribers at 5.83 per cent per annum; interest on bonds is payable annually for a period of 10 years with a call option after 5 years and on anniversary date thereafter, says SBI

October 20, 2020
The rating review follows an increase in refinancing risk and significant funding needs at the holding company level, following Vedanta Resources' failure to acquire the balance shareholding in key subsidiary Vedanta Limited that would have improved access to group cash

Anand Adhikari
New Delhi, October 20, 2020
The new age  NBFCs like lending Fintechs and  Peer 2 Peer  lenders ,which are serving the under-served and unbanked customers,need a further strengthening of regulations in the light of new business challenges thrown up by the Covid -19. Few months ago, the RBI had raised a red flag citing some malpractices like charging exorbitant interest rates , harsh recovery methods by using social media tools and unauthorised use of customers personal data. Post the pandemic, the problems of new age NBFCs have only compounded because of drying up of funding sources and the unsecured nature of loans and risky non salaried customers. A comprehensive review of operations of these new age NBFCs will certainly provide key sights on how these models are working , their credit appraisal system , the gaps in risk management , level of auditing , compliance culture and the governance framework. In fact, a timely intervention by the RBI will be good for the growth of new age NBFCs and also the financial system. Watch as Anand Adhikari, Executive Editor, Business Today, explains. Read more: Wait till Q4! RBI Governor Das sees light at the end of the tunnel for economyAlso watch: First big step in creating 'Too Big To Fail' framework for LIC, GIC Re and New India

Khyati Dharamsi
New Delhi, October 15, 2020
You may consider taking on debt due to low interest rates, even in these uncertain times. The question is how much and in what ways

October 14, 2020
India Stock Market Highlights Today: Tata Steel, Bharti Airtel, HCL Tech, Asian Paints and Bajaj Auto were among the top laggards today. On the other hand, ONGC, followed by NTPC, PowerGrid, UltraTech Cement, ITC, HDFC Bank, ICICI Bank and HDFC were among the top gainers.

October 14, 2020
Stocks to watch today on October 14: Infosys, Wipro, Karnataka Bank, Punjab & Sind Bank, NTPC, Future Enterprises among others are the top stocks to watch out for in Wednesday's trading session

October 8, 2020
Share of Lakshmi Vilas Bank touched an intraday high of Rs 18.2,  rising up to 9.64%

September 24, 2020
It said growth in assets under management would be flattish for NBFCs as against its earlier estimate of 8-10 per cent y-o-y, and in lower single digits for HFCs in 2020-21

Anand Adhikari
September 21, 2020
SBI has reasoned that it is charging this additional amount in order to offset partial cost of additional provisions required to be made by the bank. Other banks are likely to follow suit

September 11, 2020
Moody's said that Bharti Airtel's profitability has improved due to moderation in industry competition, rise in its 4G customer base, and a tariff hike from December 2019

September 8, 2020
The tenure of Motherson Sumi Sysytems' NCDs is three years from the date of allotment with a fixed coupon rate

Anand Adhikari
September 1, 2020
While the overall outstanding bank credit (non-food) declined by 1.5 per cent at Rs 90.69 lakh crore, the agri and commercial real estate saw a marginal rise between 1-1.5 per cent at Rs 11.69 lakh crore and Rs 2.33 lakh crore, respectively

Anand Adhikari
New Delhi, September 1, 2020
Debt investors need to tread carefully in the fixed income market as the balance sheets of the two biggest issuers - the government and corporate sector - are not in the pink of health

August 26, 2020
India Stock Market Highlights: Bajaj Auto, followed by Bajaj Finserv, IndusInd Bank, M&M, PowerGrid, Bajaj Finance, Axis Bank, Kotak Bank and ICICI Bank were among the top gainers today. On the other hand, Bharti Airtel, Asian Paints, HCL Tech, HDFC and TCS were among the laggards

Ankita Chakravarti
New Delhi, August 25, 2020
As per a report, the Indian ticketing platform has accidentally exposed the UPI data, debit card details of users due to flawed security policies.

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