The Reserve Bank of India proposes a new mechanism for banks and NBFCs to sell bad loans directly to investors, introducing resolution managers for asset recovery and setting new c...
The Reserve Bank of India (RBI) has proposed tighter regulations for gold-backed loans, including a uniform 75% LTV cap and stricter oversight. Lenders must now assess borrowers' c...
The account aggregator system has achieved a 12% monthly growth in consents, facilitating loans worth over Rs 1.3 lakh crore by December 2024. With over 14.3 crore borrower consent...
Sebi has relaxed norms for security receipts, allowing smaller NBFCs and HFCs to invest, aiming to boost liquidity in the distressed debt market while introducing safeguards agains...
Recent data shows a significant increase in default rates for personal loans under Rs 10,000, with a peak in delinquencies among loans issued between December 2023 and June 2024. N...
