Topic
lending
Finance Aston Martin Secures £550m Loan Package to Bolster Balance Sheet Amid US Tariffs and Weak China Demand
Aston Martin has secured £550m in loans managed by HPS Investment, including a £450m senior secured-term loan and a £100m delayed draw facility, to strengthen its balance sheet and fund future product plans. The move comes after the company cut 600 jobs and reported a net loss of £493.2m for the last fiscal year, attributing the poor performance to US tariffs and weak demand in China. CFO Doug Lafferty said the financing 'significantly strengthens our liquidity.'
Finance Auto Lenders Push for Embedded Finance Innovation to Transform India's Auto Loan Market
Auto financiers in India are calling for a shift from traditional EMI-based loans to embedded finance and digital credit at the point of sale. Nearly 80% of new cars are financed, but leasing and subscription models remain minuscule. Industry leaders at the Fada Finance and Insurance Summit highlighted the need for seamless, integrated products and faster rate transmission.
Finance Power and Infrastructure Drive 17% Credit Growth to Indian Industry in FY27
Gross bank credit to industry in India grew 17% in the first two months of FY27, led by the power sector. Power exposure rose Rs 15,399.9 crore. Infrastructure credit increased 1% overall, with telecom declining sharply. Private banks have doubled power lending, according to Macquarie.
Finance RBI Allows Overseas Branches to Lend to NRIs for FCNR(B) Deposits, Boosts Foreign Capital Inflows
The Reserve Bank of India has revamped the FCNR(B) scheme, allowing Indian banks to route money from overseas branches to non-resident Indians for deposits, while eliminating currency and credit risks via a swap window and standby letters of credit. The move is expected to boost NRI deposits with attractive fixed rates of 6-7% and leverage potential for double-digit returns.
Finance How carriers can scale with Goldman Sachs’ 10,000 Small Businesses program
Goldman Sachs' 10,000 Small Businesses program provides free business education and capital access to small trucking companies. The 12-week curriculum helps owner-operators move beyond operational bottlenecks, while a network of lenders offers average loans of $52,000. Alumni data shows 66% report increased revenue six months after graduation, rising to 74% by 30 months.
Finance Gold loans surge 84% in FY26, emerge as mainstream credit driver: Experian
Gold loans are now one of India's fastest-growing retail credit products, with sourcing surging 84% year-on-year in FY26, according to Experian. The industry portfolio more than tripled to ₹19.4 lakh crore by March 2026, driven by rising gold prices and deeper market penetration. Asset quality also strengthened, with net 90+ delinquency improving to 0.2% from 0.4% three years earlier.
Finance India's MFI Portfolio Contracts 17% in FY24 but Shows Stabilization Signs in Q4
India's microfinance sector saw its total portfolio shrink 17% year-on-year to Rs 2,77,053 crore as of March 31, 2026, according to the MFI Pulse Report by Equifax and SIDBI. However, a 3% quarter-on-quarter growth in Q4 marks the first sequential expansion in several quarters, indicating early signs of stabilization. The report also highlights a shift towards existing borrowers, moderating leverage in key states, and rising loan sizes, while asset quality shows improvement in near-term delinquencies but rising stress in older loan cohorts.
Finance RBI’s ECL Model From FY28: Why Credit Scores Matter More for Borrowing Costs
The Reserve Bank of India will require banks to shift to an expected credit loss (ECL) model from FY28, increasing baseline provision coverage. This regulatory change will make credit scores—like CIBIL—more influential in determining borrowing costs, as lenders adjust pricing for risk. Under the new framework, borrowers with low scores face higher rates or rejection, while top-tier scores (750+) continue to attract the best terms.
Finance Credit Surges 17.7% as Deposit Slowdown Widens Funding Gap
Bank credit in India surged 17.7% year-on-year by May 31, 2026, the strongest since June 2024, while deposits declined by Rs 2.3 lakh crore since March 31, widening the funding gap to Rs 3.8 lakh crore. The credit-deposit ratio rose to 82.8%, squeezing bank liquidity and prompting adjustments in government securities holdings.