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Happy Friday! New-age firms planning to go public are moving cautiously as stock market volatility remains a concern after the 2024 general election results. This and more in todays ETtech Morning Dispatch.
Borrowing rates for the firms are expected to climb by 15-25 basis points
The RBI has released a new annual report, called India Finance Report. This year’s theme is NBFCs, and the IFR focuses on NBFCs’ role in financial inclusion, rapid digitisation and emerging stresses in the sector
The increased diversity in borrower profiles is indicated by the fact that, in 2020, 49 per cent of first-time borrowers were less than 30 years old and 71 per cent were based in non-metro locations, while 24 per cent were women, according to a ...
Synopsis Non-bank lenders and housing finance companies catering to the self-employed are looking at fresh slippages, with initial estimates suggesting a rise in the portfolio at risk, a fall in loan pool sales and tepid loan collections. Cheque-bounce rates picked up in April, pointing to stress in the unsecured segment. Getty Images Microfinance and unsecured SME loan pools had reported the highest delinquencies last year after the end of the moratorium, followed by vehicle loan pools. MUMBAI: The second wave of Covid infections and subsequent lockdowns in several parts of the country to co...