Credit

News and Trends

India's INR 80 Lakh Crore Credit Problem For MSMEs

Formal lending is growing, but not fast enough to meet the surging credit appetite of India's MSMEs, and the cost of this gap is more than just lost opportunity.

News and Trends

MSMEs Will Retain Steady Growth Amidst Global Uncertainties: SIDBI

While 80 per cent of MSMEs report having access to finance, the adequacy of this credit remains a sticking point. Approximately 40 per cent in both manufacturing and services say available funding falls short of their needs

News and Trends

India's MSMEs Show Resilience Amid Credit Caution: Report

While India's broader economic trajectory remains stable with GDP growth averaging over 7 per cent annually (excluding the pandemic period) and projected to hit 6.6 per cent in FY26, the MSME sector's path is more nuanced.

News and Trends

How to Apply for an Instant Personal Loan Online: Process and Benefits

In this article, we'll guide you through the steps of applying for a personal loan online, discuss its benefits, and share useful tips to ensure a smooth application process.

News and Trends

TVS Holdings Acquires More than 80% Stake in Home Credit India for INR 554 Crore

The transaction was funded through a combination of the proceeds from the recent sale of TVS Holdings' real estate assets and borrowings from capital markets.

News and Trends

Government Sanctions Mutual Credit Guarantee Scheme to Boost MSME Manufacturing

While the loan coverage is capped at INR 100 crore, the total project cost can exceed this amount, provided at least 75 per cent is allocated for equipment and machinery.

News and Trends

How Technology is Transforming Commercial Lending for Financial Institutions

Technology is offering solutions that make lending faster, more efficient, and more accurate. New tools are helping financial institutions streamline processes, reduce risks, and provide better experiences for borrowers.

News and Trends

Subdued Credit Growth on the Horizon for India's FY26 Economic Prospects: Report

Certificates of deposit, which reached a decadal peak of INR 4.9 trillion as of November, 2024, reflect this dynamic. While this figure surpasses the previous high of INR 4.5 trillion recorded in April 2011, the share of total deposits remains modest at around 2.5 per cent

Personal Finance

Take Control of Your Credit for Life with This AI Tool

Maximize your financial future with CreditReady for $60.

News and Trends

Bank Deposit Growth Surpasses Credit Expansion: Report

Year-over-year (YoY), credit grew by 13.4 per cent, a significant reduction from the 19.8 per cent growth recorded in the same period last year.

Finance

The Transformative Impact of Digitalization on MSME Financing and Access to Credit

Although only 12 per cent of India's 64 million MSMEs are digitally mature, the shift to a cashless and paperless ecosystem brings transparency and ease to credit availability.

Entrepreneurs

axio's Sustainable Growth Strategy Yields 50% Revenue Increase and 95% Loss Reduction in FY24

By democratizing credit, axio caters a large volume of the customer segment that does not have a personal credit product at their disposal

Money & Finance

How to Leverage Credit Cards for Business Growth (the Right Way)

By being aware of the risks and embracing best practices, entrepreneurs can make the most of credit cards.

Money & Finance

4 Things to Know About Credit Financing Your Business Following the 'Fed Pivot'

With cheap money behind us, you'll want to rethink how you finance your business

Money & Finance

5 Small Business Credit Pitfalls to Consider Avoiding

For small businesses, building a strong business credit foundation can be paramount to achieving success. It's not only about accessing funding and capital, but also about setting the stage for future growth and partnerships.