The plan is to offer the ratings of drivers to insurers, which can then customise their premiums -- a higher score meaning a lower premium, for instance, and vice-versa. IMAGE: Kindly note the......
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......
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......
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......
For the time being, digital lending remains a grey area, notes Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff.com During a visit to Kolkata in December, I decided to drop by a bar......
In the June quarter of FY24, 51 per cent of consumers who took small-ticket personal loans already had more than four credit products at the time of accessing yet another new loan, compared with......
Wedding.con is a watchable show, if only to caution people about the latest scams, notes Deepa Gahlot. If there is a lucrative field left unregulated, con men will inevitably worm their way in.......