The lowest investment grade rating on India is issued by all three global credit rating agencies Fitch, S&P and Moody’s. The ratings are used by investors to gauge the country’s creditworthiness and influence borrowing...
The findings will assure lenders in developed and developing markets to extend additional credit products to new-to-credit (NTC) consumers.
Sebi wants to standardise the ratings given by credit rating agencies, from January 1, 2023 onwards
The Crisil credit ratio, or the number of upgrades to downgrades, moderated to 2.19 times for the October 2022-March 2023 period
Paying rent through HDFC Bank credit card will not fetch you any reward point, but attract an extra 1 per cent charge starting January 1, 2023
The lending market in India grew to Rs 174.3 lakh crore in March 2022, up by 11.1 per cent on an annual basis, as compared to March 2021. All sectors suffered momentarily in the second wave of covid in Q1 FY 2022, but have...
Credit ratings issued by agencies present just one way of looking at a company's financial health and should not be seen as investment ideas in itself
Knowing where to apply for loans is one thing; knowing where your chances of getting approved are higher is another. Check out these 10 payday loan service providers where your approval chances are in the 90th-percentile.
To empower the ‘credit invisible’ customers and bring them into the formal financial fold, the way financial institutions assess creditworthiness needs to...
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.
