Credit card delinquencies rise even as retail credit growth moderates

Balance-level delinquencies in the credit card segment saw a 17 basis points (bps) year-on-year (Y-o-Y) rise in the quarter ending June 2024 (Q1FY25). Illustration: Dominic Xavier/Rediff.com In......

Why RBI Flagged Small Loans As Risky

In FY24, loans given out by such firms had topped a whopping Rs 146,517 crore, up by 49 per cent year-on-year and spread over 10.19 million accounts (up 35 per cent). Illustration: Dominic......

Wilful Defaulters Dues Rise To Rs 100 Crores Per Day

Wilful defaulters owe SBI Rs 80,000 crore as of June.10 nationalised banks are owed another Rs 1.5 trillion. Illustration: Uttam Ghosh/Rediff.com   The outstanding amount due from wilful......

Why RBI Was Worried About Consumer Credit Growth

The banking regulator was uncomfortable with the runaway pace at which consumer credit was growing. Illustration: Dominic Xavier/Rediff.com Tucked away in the 'Report on Trend and Progress of......