Asset classes
FCNR(B) Deposits Reshape Indian Bank Lending and Margins
A $133 billion influx of FCNR(B) deposits is driving 19% systemic credit growth but pressuring net interest margins.
#Corporate credit
Every Markets story tagged Corporate credit.
Market structure
NSE Clears SEBI Hurdle for Corporate Bond Index Futures
The National Stock Exchange has received a No Objection Certificate from SEBI to launch Corporate Bond Index Futures.
Asset classes
Cash App Score Opened to External Lenders
Block is making its Cash App Score, a real-time credit assessment tool, available to other lenders through Nova Credit.
Asset classes
Félix raises $200 million
Félix, a chat-based financial platform for Latino immigrants, has raised $87 million in Series C equity and secured a $113 million credit facility.
Asset classes
Experian launches credit card app on ChatGPT
Experian has launched a credit card comparison app on ChatGPT, allowing users to discover and compare offers through conversation.
Asset classes
Reform: £30 rebate for HMRC phone delays
Reform UK proposes a £30 tax credit for taxpayers who wait over 30 minutes on HMRC calls, limiting the credit to two occasions per year. The party also plans to tie senior HMRC officials’ pay to customer-service targets and overhaul data-protection rules.