
The banks will consider fixed deposits, bonds, stocks, and mutual fund units as eligible securities for loans.
Keep discretionary spends within 20% of the additional funds.
Before acting as a loan guarantor, it is important to examine the risks associated with it.
Some banks may not accept payments through credit cards, while others may allow this option. Here’s what you need to…
The RBI’s recent FAQs clarify whether borrowers can switch between fixed and floating interest rates on EMI-based personal loans, providing…
The scheme is expected to be placed before the Union Cabinet soon for its approval.
In the recently concluded Parliament session, parliamentarian Baburam Nishan raised some queries with the government, seeking details of home loan…
Kisan Credit Card Scheme: The Kisan Credit Card (KCC) scheme was launched to cater to the financial needs of farmers…
Although interest-free loans are accompanied by certain stipulations, they can offer considerable financial assistance when utilized judiciously.
The outstanding advances to MSMEs have increased from Rs 16.97 lakh crore as of March 2020 to Rs 23.92 lakh…
For MSMEs, receivables securitization offers a more flexible and cost-effective way to access liquidity compared to traditional invoice financing.
The life cover is not mandatory but it is a financially prudent move to have a life cover, as in…
Women-owned MSMEs with Udyam and GST registration or with a majority stake of at least 51 per cent owned by…
The minister said that the government can earmark particular areas for MSMEs in the 20 smart industrial townships under construction.
Swaminathan said credit planning should adopt a bottom-up approach to convey the needs of the centres and then designing a…
PNB has launched a 24/7 NRI Customer Service Centre and introduced a range of innovative services, reaffirming its commitment to…
The tie-up will also boost L&T Finance’s product diversification strategy and improve credit availability for consumers.
Loan Against Share (LAS), or loan by pledging shares, is a secured loan facility where you can pledge your shares…