News
Credit appetite holds strong with active cards rising in April | Daily Mirror - Sri Lanka - newspaper - Read this story on Magzter. com
1+ day, 1+ hour ago (224+ words) New issuance slows as borrowing costs climb The consumers continued to tap credit despite the higher borrowing costs and mounting pressure on household finances, leading Sri Lanka's active credit card base to expand in April. However, the pace of new…...
Plants that can stand the heat | Cambridge News - newspaper - Read this story on Magzter. com
4+ day, 18+ hour ago (303+ words) DROUGHT-TOLERANT VARIETIES THAT WON'T WILT AT THE FIRST SIGN OF A SIZZLING SPELL JUNE has arrived and, meteorologically speaking, it's the beginning of summer. Let's hope it's also the start of a good long spell of sunshine so we can…...
'Credit score models are undergoing a transformation' | Business Standard - newspaper - Read this story on Magzter. com
1+ week, 2+ day ago (298+ words) How is the periodic data update at credit bureaus changing lenders" attitudes? In terms of onboarding customers, has this led to a material change in tackling delinquencies and credit over-leverage? This story is from the June 01, 2026 edition of Business Standard....
Preference for proven credit rating hits 1st-time borrowers | Business Standard - newspaper - Read this story on Magzter. com
1+ week, 2+ day ago (380+ words) -SUBRATA PANDA & MANOJIT SAHA Consequently, consumer durables financing, particularly for mobile phone loans, has replaced traditional products such as two-wheeler and agriculture loans as the main entry point into formal credit for new-to-credit customers. Banks and lenders, he added, today…...
SLOW GROWTH OF BANK DEPOSITS MAY STIFLE CREDIT GROWTH | The Business Guardian - newspaper - Read this story on Magzter. com
3+ week, 2+ day ago (409+ words) In such a situation, there is a danger of borrowing becoming expensive in the country, which may also curb our economic activities and growth. There was a time when bank deposits were the only major option before people park their…...
SRI LANKA'S LOAN DEMAND STAYS RED HOT | Daily Mirror - Sri Lanka - newspaper - Read this story on Magzter. com
3+ week, 5+ day ago (437+ words) Several lenders raised provisions against possible loan losses in the March quarter, warning that worsening macroeconomic conditions and heightened geopolitical uncertainty could affect borrowers" ability to repay loans in the coming months Sri Lanka's businesses and households borrowed at one…...
Mastercard, Fin Volution expand digital lending with Luvit Card | Business World Philippines - newspaper - Read this story on Magzter. com
1+ mon, 2+ week ago (363+ words) MASTERCARD and Fin Volution Group have launched the Luvit Card, marking the latter's expansion into card-based lending and bringing flexible, installment-based credit to more Filipinos through a widely accepted payment solution. Available as both a virtual and physical card, the…...
Wealthy investors who powered private credit rush for the exits | Mint New Delhi - newspaper - Read this story on Magzter. com
2+ mon, 5+ day ago (394+ words) -Annamaria Andriotis & Peter Rudegeair Blue Owl Capital, once the epitome of the explosion in private-credit lenders that raised funds from wealthy individuals, revealed Thursday that investors sought to pull $5. 4 billion from a pair of its funds in the first quarter....
Fewer credit card reward points from Apr 1 | The Morning Standard - newspaper - Read this story on Magzter. com
2+ mon, 1+ week ago (393+ words) All spending categories no longer earn points; issuers to limit cashbacks, hike fees on utility, wallet transactions -BENN KOCHUVEEDAN @ Mumbai COME April 1, lenders HDFC Bank, SBI Card, ICICI Bank and Axis Bank who control nearly 90% of the 117. 7 million active credit…...
Big banks playing both sides of private credit meltdown | Mint New Delhi - newspaper - Read this story on Magzter. com
2+ mon, 2+ week ago (487+ words) Private-credit funds" exposure to software comes back to bite them, presenting new risks, opportunities for banks JPMorgan Chase CEO Jamie Dimon. JPMorgan Chase Chief Executive Jamie Dimon has long been skeptical of private credit. Lately, he has been getting a…...