Anshika Kayastha

Credit access to MSMEs has also been low due to the unavailability of the right skill sets to assess and lend to certain niche segments.

Mumbai, Sept. 2 -- State Bank of India is looking to shift from collaterals to cash-flow-based lending for all loans to micro, small and medium enterprises (MSMEs) of up to Rs.5 crore, newly appointed chairman C.S. Setty said.

Mumbai: State-owned Indian Renewable Energy Development Agency (Ireda) has sought government approval to sell up to 10% stake, as the non-bank lender aims to raise about ₹ 4,500 crore in equity to fund growth.

Mumbai, Sept. 2 -- State-owned Indian Renewable Energy Development Agency (Ireda) has sought government approval to sell up to 10% stake, as the non-bank lender aims to raise about Rs.4,500 crore in equity to fund growth.

In FY24, about 64% of the platform's revenue came from distribution of loans and 36% from payments

NaBFID MD Rajkiran Rai G. said that if the risk in infrastructure sector is high, it should reflect in higher interest rates, but that's not happening. NaBFID's study showed that average rate for infra loans over the past 2-3 years was 8.75%, only slightly higher than a home loan average of 8.50%.

As PNB Housing shifts its focus towards higher yielding affordable housing loans, it's also gradually re-expanding its commercial mortgage portfolio.

Mumbai, Sept. 14 -- PNB Housing Finance Ltd is looking to re-grow its commercial mortgage portfolio after having substantially improved the asset

The focus on lending against collateral coincides with slower growth of unsecured credit—down from 20% in March to 15% as of June—after the banking regulator's multiple tweaks to prevent exuberance in high-risk consumer loans.

Mumbai, Sept. 17 -- Rising regulatory scrutiny of unsecured retail credit has nudged fintechs to bolster small-ticket loans against stocks and mutual funds to fixed deposits, as demand stays high.