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 ...
Dutch bank Rabobank has signed a 1 billion euro ($1.17 billion) deal with pension investment firm PGGM to share the credit ...
A financial paradox is unfolding in India: while multi-billion-dollar FDI deals are pouring into private banks, reaffirming ...
The European Central Bank is already factoring climate-related risk into the assessment of collateral used to borrow money ...
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 ...
As a result, some banks, including Goldman Sachs, Morgan Stanley, and Standard Chartered, are establishing their own private ...
Investors are taking a closer look at US regional bank results after two lenders revealed their exposure to three recent high ...
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.
Bankruptcies at First Brands and Tricolor should be a wake-up call for banks exposed to the private credit market. Banks ...
Abbey Mortgage Bank Plc has received an A3 rating with a Stable Outlook from leading Nigerian credit rating agencies Agusto ...