Tag: CIBIL

Regulation is the need of the hour for P2P start-ups

A major issue affecting any nascent industry is regulation. There are pros and cons: Though regulation seems to stifle innovation, unbridled organisations may cause more harm than good to the society. When discussing peer-to-peer lending (P2P) in the context of regulation, we need to first unders…

सिक यूनिट्स को रिवाइव करने के प्रयास हो रहें हैं विफल

कर्ज में डूबे छोटे कारोबारियों को रिवाइव करने के सरकार के प्रयास सफल नहीं हो पा रहे हैं। एसएमई संगठनों का कहना है कि नोटबंदी के बाद सरकार को इस पर अपना फोकस बढ़ाना चाहिए, यदि ऐसा नहीं किया गया तो एमएसएमई पर एनपीए (NPA) और अधिक बढ़ सकता है और लाखों छोटे कारोबार बंद […]

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एमएसएमई का 55,000 करोड़ रुपये कर्ज NPA में बदल सकता है: सिबिल

ट्रांसयूनियन सिबिल द्वारा जारी की गयी एक रिपोर्ट में कहा गया है कि एमएसएमई सेक्टर को मिला हुआ 55,000 करोड़ रुपये का कर्ज डिफॅाल्ट होने के करीब है। सिबिल द्वारा यह अनुमान एमएसएमई के कर्ज के मौजूदा क्रेडिट डेटा के आधार पर दिया गया है। सिबिल का कहना है कि एमएसएमई सेक्टर को दिए गए […]

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Cibil pegs MSME bad loans at Rs 55k cr; Launches score for them

Mumbai: Warning that the banking industry is staring at a potential stress of nearly Rs 55,000 crore in its MSME exposure, Transunion-Cibil has launched a ranking for small businesses to take care of “information asymmetry”. It estimates the gross non-performing assets ratio for MSMEs…

Capital Float aims to deep dive into the $500 bn SME lending market

Gaurav Hinduja and Sashank Rishyasringa hardly came from the domain they were trying to revolutionise – online lending. “But we were both excited to come back to India to start a business which did three things – had an impact on the environment for entrepreneurs within the country, leveraged tec…

Loan concentration in some states creating NPAs among SMEs: Cibil

Banks concentrating on a few states has led to rising loan defaults and non-payments in the micro and SME commercial sector, a report by TransUnion Cibil said. “Focusing on a few states deprive the lenders of an opportunity to exhibit calibrated loan growth. Currently, some banks tend to ha…

Lending market in India – rise of the fintech industry !

It would not be an exaggeration to state that the SME sector is one of the most critical contributors to the growth of the Indian economy.  Over 51.1 million SME units across the country contribute to about 37% of India’s manufacturing output. The industry also contributes around 7% of the manufa…