Credit News

The Reserve Bank of India (RBI) mandates that lenders explain their algorithmic decisions for credit application rejections to customers, emphasizing transparen

Commercial real estate has emerged as a credit hotspot despite higher risk weights, with banks accounting for 111.3% of incremental credit between March and Jul

Bengaluru-based company ToneTag aims to evolve India's ubiquitous soundbox from a mere payment alert into a banking interface and potentially a route to credit.

DBS Bank India has extended a Rs 520 crore credit facility to K Raheja Corp for a commercial tower in Pune. Separately, Certus Capital has committed over Rs 1,0

A weak southwest monsoon is expected to negatively impact India's rural economy, potentially reducing farm incomes, increasing inflation, and slowing rural dema