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How to develop trustworthy AI in digital lending
Business

How to develop trustworthy AI in digital lending

The recently concluded Artificial Intelligence (AI) Summit in Paris reiterated the need for creating safe and trustworthy AI systems. The theme of trustworthy AI is

JPMorgan Chase sets aside bn for direct lending in private credit push
Finances

JPMorgan Chase sets aside $50bn for direct lending in private credit push

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. JPMorgan Chase has said it

Project lending dips as RBI note raises fear of higher provisioning
Business

Project lending dips as RBI note raises fear of higher provisioning

Lenders have turned circumspect on project finance after the Reserve Bank of India unveiled draft guidelines on prudential treatment of projects under implementation in May

Indian stock market: 8 key things that changed for market overnight – Gift Nifty, US Fed minutes to China lending rates
Stock Market

Indian stock market: 8 key things that changed for market overnight – Gift Nifty, US Fed minutes to China lending rates

Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open lower on Thursday amid mixed cues from global markets.

InvoiceMart eyes 1 million MSMEs onboarding by 2030 amid rising digital lending demand
Business

InvoiceMart eyes 1 million MSMEs onboarding by 2030 amid rising digital lending demand

Invoicemart, a leading digital marketplace for invoice discounting, has set an ambitious target of onboarding one million micro, small, and medium enterprises (MSMEs) by 2030. 

Steadying the lending hands of the microfinance sector
Business

Steadying the lending hands of the microfinance sector

The microfinance movement has been evolving over time in India. Starting off in the mid-1990s with the linkage of self-help groups (SHG) with banks and