To empower the ‘credit invisible’ customers and bring them into the formal financial fold, the way financial institutions assess creditworthiness needs to undergo a sea change. Alternative credit scoring that uses smartphone data is the way forward toward...
A recent report by paisabazaar.com has revealed that more millennials are now emerging as credit aware and are open to borrowing with the right advice on...
An additional 164 million were classified as 'credit underserved' in the global study done by Transunion Cibil, while only 179 million fits into the 'credit...
The credit score—a three-digit number—is directly connected with one’s financial health, long-term financial goals, access to loans and even insurance...
BNPL schemes are essentially consumer loans from lending institutions and any delay or non-payment of dues can hit your credit score, and add interest and...
Gen-Z and millennials often have a low or no credit score due to lack of credit history, but there are other loan options in the market.
Maintaining a healthy credit profile means using credit within limit and paying dues on time. This improves your chances of getting better loans in the future.
Women have better financial habits than men leading to better credit scores, and there is a sharp uptick in women applying for credit cards, finds a recent...
Ratings and Research (Ind-Ra) has revised Vedanta's outlook to positive from stable.
Chief Economic Advisor Krishnamurthy Subramanian said India's ability and willingness to repay debt is gold standard. He also said economic growth this year...
In a statement, S&P said India's rating reflects its strong GDP growth, sound external profile and improving monetary credibility.
