Search result for 'cibil'

RBI Deputy Governor asks credit info companies to switch to real-time data reporting for improved efficiency, transparency, and better consumer experience. Focus on unique borrower identifiers and...

Retail loan origination growth fell to 5% in Q4 FY25, down from 12% YoY. Young borrowers in metros and urban areas are borrowing less, impacting consumer durable loans, credit cards and personal...

Retail credit growth slowed to 5% in Q4 FY25, down from 12% YoY. Report highlights softening demand, particularly among younger consumers, and a two-year low Credit Market Indicator.

Digital lenders' portfolio grew 32% to Rs 1.3 lakh crore in 2024, but higher stress seen in some segments. Report highlights asset quality concerns and shift towards prime borrowers.

Commercial credit supply in India declined by 11% in Q4 2023 due to asset quality concerns, according to a report by Sidbi and Cibil. Despite increased credit enquiries, lenders remain cautious.

Maharashtra CM Devendra Fadnavis has directed banks to disburse agricultural loans to farmers without asking for CIBIL scores, warning of action against those who violate the directive.

India's automobile retail sales rose 2.95% in April, driven by festive season purchases. Two-wheelers, passenger vehicles and tractors saw growth, while commercial vehicles declined.

Home loans saw a 9% decline in volume and 3% in value during the December quarter, according to a report by Transunion Cibil. The slowdown is attributed to factors including slower demand from new...

SBI introduces 'Asmita', a collateral-free loan with low interest rates designed to empower women entrepreneurs in India. This initiative aims to address the low business borrowing by women,...

Women borrowers in India have grown significantly since 2019, with non-metro regions leading in credit monitoring. The report highlights the growing financial awareness and access to credit for women.

Gupshup introduces pre-built AI agents for the financial services industry, designed to streamline customer engagement, improve conversion rates and drive revenue growth.

TransUnion CIBIL CEO Rajesh Kumar has resigned after five years. Chief Revenue Officer Bhavesh Jain has been elevated as his successor. The news comes after criticism from Congress MP Karti...

AIGF and Neokred have introduced key advancements to the Game Bureau platform, including silent authentication and risk mitigation, to promote a safer online gaming environment.

The Reserve Bank of India has directed Asset Reconstruction Companies (ARCs) to become members of all four credit information companies in India, aligning them with banks and NBFCs to maintain a...

RBI Executive Director highlights low female labor participation and limited credit access for women-led MSMEs as major hurdles to economic growth and financial inclusion in India.

Commercial credit portfolio grew 11% in Sept quarter, delinquency rate dropped to 2-year low, driven by increased economic activity. Lenders see promising growth prospects.

Bandhan Bank has appointed Rajeev Mantri as its new CFO, effective immediately. Mantri brings over 25 years of experience in banking and finance.

Retail loan growth moderated in the September quarter, while unsecured loan NPAs increased, according to a report by TransUnion Cibil. Home loans saw no growth, while other segments showed slower...

L''T Finance will reduce bank borrowings and increase market financing to mitigate the impact of rising costs due to RBI's unsecured loan risk weightage increase.