India’s central bank is to rewrite how it recognises credit risk. The Reserve Bank of India wants to replace its decades-old, incurred-loss provisioning system with an Expected Credit Loss framework, ...

Lenders provide consumer loans to individuals, offering liquidity and affordable credit for a wide range of personal and family-related expenditures, thereby enhancing consumer buying power and ...

A financial paradox is unfolding in India: while multi-billion-dollar FDI deals are pouring into private banks, reaffirming ...

Weaker stablecoin rules in the UK could risk financial stability and trigger a credit crunch, according to the Bank of England’s deputy governor, Sarah Breeden. “We have a different set of risks to ...

US regulators have signalled plans for an unprecedented easing of key banking rules, which is expected to free up almost ...

Toronto-Dominion Bank is set to shut eight more New Jersey branches in early 2026 as part of a cost-saving digital transformation and restructuring push.

Non-bank lender Bajaj Finance has lowered its credit growth guidance for FY26, citing emerging asset quality stress primarily ...

In a move to broaden access to trade finance, Bangladesh Bank (BB) has amended key provisions of its directive governing ...

Abbey Mortgage Bank Plc has received an A3 rating with a Stable Outlook from leading Nigerian credit rating agencies Agusto ...

At a time when the government is planning more mergers to create fewer but more competitive banks, there will be a need to ...

Top bosses of UK banks have fired a warning shot over the country’s status as a competitive financial hub as the government’s ...

Requirements vary by lender, but typically, business owners need to provide two to three years of business returns, along ...