
Are you planning to buy a new car? So before you jump into the driver’s seat, you need to enquire…
The company’s loan book also grew by 26 per cent in FY24 with its year-end AUM at Rs 3,142 crore.
Zeta’s offering is underpinned by the National Payments Corporation of India’s (NPCI) credit line on UPI scheme – which harnesses…
An apex court bench comprising Justices Sanjiv Khanna and Dipankar Dutta observed that these loans are unique in nature and…
Borrowers usually opts for transfer or refinancing of their loans when they receive a better offer from another bank. This…
Total bank credit to MSMEs under priority sector lending in March was 15 per cent of Rs 164.11 lakh crore…
During the course of the onsite examination of banks, the RBI came across instances of lenders resorting to certain unfair…
This collaboration aims to provide distributors with easy access to revolving credit lines, enhancing financial agility in the MSME sector.
Credit growth to non-banking financial companies (NBFCs) slowed to 15.3% y-o-y in March 2024, against 29.9% a year ago.
The apex bank has warned regulated entities (REs) against charging of interest from the date of loan sanction and not…
Including women as co-borrowers is a strategic move based on a comprehensive understanding and respect for the pivotal role women…
SMB financing in India presents a large opportunity for fintech founders, who can leverage technology to shape the future of…
If you fail to pay the scheduled EMIs to the bank or lender over a certain period, it leads to…
As a loan guarantor, before the bank does, you should also conduct some unofficial checks on the borrower like assessing…
Any bank offers pre-approved loans to those customers who have previously taken loans and maintained a good track record in…
He added that fourth quarter is usually busy period for banks as credit demand remains high in January-March period.
Under the MoU signed between Swasti, the programme partner and Dun & Bradstreet, the number will be assigned to MSMEs…
In FY23, the total amount in guarantees approved was Rs 1.04 lakh crore across 11.65 lakh guarantees and Rs 56,172…