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/PRNewswire/ -- Fannie Mae (OTCQB: FNMA) provided more than $52 billion in financing to support the multifamily market in 2023, the company announced today....
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Amid regulatory concerns, top Indian banks and non-bank lenders have advised fintech partners to reduce issuing small personal loans. Paytm on Wednesday announced it will go slow with loans below 50,000 rupees, aligning with RBI's cautionary stance on personal loans and NBFC lending due to rising risk concerns, prompting lenders to reconsider their lending strategies.
Paytm is planning to expand its higher-ticket loans to lower-risk and high-credit-worthy customers
An official said that the government has asked lenders to watch for any signs of incipient stress. "Almost all PSBs (public sector banks) have stated that in this segment there has been no spike in delinquencies and most borrowers have credit scores of 700 and above," he said, underscoring the stable asset quality of these loan accounts.