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Behind India’s Credit Card Spending Surge: Young Borrowers, Rising Defaults

Behind India’s Credit Card Spending Surge: Young Borrowers, Rising Defaults

Despite record-high credit card debt and rising NPAs, experts say the situation isn’t alarming—yet. But regulators are tightening norms amid repayment stress.

That Sinking Feeling About NBFC Balance Sheets

That Sinking Feeling About NBFC Balance Sheets

The NBFC’s losses increased in the past quarters particularly because of the personal loan segment in rural regions.

The RBIs Crackdown: Protecting The Aam Aadmi Or Stifling Innovation?

The RBI's Crackdown: Protecting The Aam Aadmi Or Stifling Innovation?

RBI's crackdown on NBFCs targets irresponsible lending practices to protect borrowers and ensure balanced, responsible financial sector growth.

Foreign Institutional Investors Are Selling India And China

Foreign Institutional Investors Are Selling India And China

India saw its biggest outflow of foreign investor funds in 19 months last week, Bloomberg is reporting. Global funds sold $2.4 billion of Indian shares on a net basis last week, the most since June 2022. 

RBI Rules Around Unsecured Loans Cautionary In Nature, Says CRISILs Ajit Velonie

RBI Rules Around Unsecured Loans Cautionary In Nature, Says CRISIL's Ajit Velonie

According to Velonie, unsecured personal loans constitute a very small portion of overall NBFC lending.

Will RBI Move Against Unsecured Lending Reduce Dependence On Personal Loans?

Will RBI Move Against Unsecured Lending Reduce Dependence On Personal Loans?

The RBI, for a while now, has been sounding alarm bells about the rise in small-ticket unsecured personal loans disbursed by NBFCs.

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