unsecured lending News

Adar Poonawalla's Bold Move: Infusing Rs 1,500 Crore into Poonawalla Fincorp for Aggressive Expansion

Adar Poonawalla's Rising Sun Holdings invests Rs 1,500 crore in Poonawalla Fincorp, aiming for aggressive retail expansion and diversification into new loan products under CEO Arvi...

Kotak Mahindra Bank CEO Reveals: RBI Rate Cuts Yet to Impact FD Rates, What's Next?

Kotak Mahindra Bank's CEO Ashok Vaswani discusses the unchanged FD rates post-RBI cuts, the challenges in deposit growth, and strategies for customer satisfaction and bank expansio...

RBI Raises Alarms Over Soaring Unsecured Lending Limits

The Reserve Bank of India (RBI) expresses concern over high ceilings for unsecured loans set by banks and finance companies, urging prudence. It also highlights risks with top-up l...