Mobile phone purchases on EMI are helping individuals in the informal sector create a formal credit history, enhancing access to other loans. Digital...

Small-ticket personal loans under Rs 10,000 saw higher delinquency rates, especially for loans taken between Dec 2023 and June 2024. NBFCs, focusing...

HCM City credit institutions’ total loans outstanding as of the end of last year were worth over VNĐ3.9 quadrillion (US$153.3 billion), a 11.3 per...

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.

The government approved a Mutual Credit Guarantee Scheme to enhance credit availability for micro, small, and medium manufacturing sectors, under the...

In Russia, the share of microos and the amount of a loan is increasing. Therefore, the number of loans given by MFIs increased by 70%in December. This...

Retail credit growth in India decelerated in Q2FY25, significantly impacting affordable housing and low-cost two-wheeler loans. However, higher-value...

According to the bank, the higher NPA additions during the third quarter typically come from its Kisan Credit Card portfolio, a credit scheme for...

GoI has approved introduction of Mutual Credit Guarantee Scheme for MSMEs (MCGS- MSME) for providing 60% guarantee coverage by National Credit...