Bad debt fear keeps private banks away from street vendor loans – The Economic Times

Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/bad-debt-fear-keeps-private-banks-away-from-street-vendor-loans/articleshow/79963438.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Last week, a branch manager of a leading state-run bank in Madhya Pradesh wrote to the municipal commissioner seeking “cooperation” as several of

Unemployment benefits for millions of Americans in limbo as Donald Trump rages – The Economic Times

Clipped from: https://economictimes.indiatimes.com/news/international/world-news/unemployment-benefits-for-millions-of-americans-in-limbo-as-donald-trump-rages/articleshow/79973251.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Trump’s refusal to sign the bipartisan package as he demands larger COVID relief checks and complains about “pork” spending could also force a

An effective rollout of Covid vaccine will be critical for revival of travel and tourism – The Economic Times

Clipped from: https://economictimes.indiatimes.com/industry/services/travel/2021-an-effective-rollout-of-covid-vaccine-will-be-critical-for-revival-of-travel-and-tourism/articleshow/79969907.cms Synopsis​​Till unfettered foreign travel returns, bringing with it large-scale exhibitions and conferences and group trips, it is domestic travel, particularly the leisure traveller,

Bounce rate of auto debit transactions remains high amid lenders’ claims of improved collection efficiencies – The Hindu BusinessLine

Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/bounce-rate-of-auto-debit-transactions-remains-high-amid-lenders-claims-of-improved-collection-efficiencies/article33419696.ece?homepage=true Is there rising financial stress amongst small and retail borrowers after the end of the loan moratorium, despite banks and NBFCs reporting collection

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