Private-credit firms are tightening their lending standards, increasing interest rates and other fees they charge on new loans, restraining how much debt they give borrowers and closing loopholes that allow financing to be taken out against borrowers' assets.
India's Central Bank Holds Rates as Iran Crisis Keeps Risks High
India's central bank held interest rates steady on Friday, opting to pause as it assesses the impact of the Middle East conflict on the nation's currency and broader economy.
The Reserve Bank of India met against a backdrop of sharp rupee depreciation and acute economic risks, driven by the Iran crisis pushing up energy prices and threatening to stoke domestic inflation.
Real-Time Satellite Intelligence Is Making Ukraine's Drone Strikes Deadlier Than Ever
