Usually, the loan is sanctioned for a period of seven years. For a Rs 40-lakh education loan, the bank/NBFC may…
Credit and finance for MSMEs: Launched in November 2018, the scheme provides in-principle bank approval for collateral-free term loans or…
The regulator reiterated that outsourcing arrangements entered into by REs with a lending service provider (LSP) or digital lending app…
Financing your journey need not give you nightmares, as various banks in India offer personal holiday loans for domestic and…
The monthly collection ratios (MCR) of securitised pools rated by Crisil Ratings have remained “largely unaffected” by the macroeconomic challenges.
Credit and Finance for MSMEs: SRI fund is a SEBI-registered category-II Alternative Investment Fund (AIF) that operates through the mother-fund…
The number of active personal loans increased from 3.5 crore as of March 2020 to 4 crore by March 2021,…
Credit and Finance for MSMEs: Protium said it ‘remains significantly profitable’ with 80 per cent of the company’s loan book…
Credit and Finance for MSMEs: Q1 FY23 disbursements dipped around 35 per cent from Q4 FY22 as lenders were fine-tuning…
Finmin notifies new overseas investment rules.
The enhanced limit and the extension of the ECLGS validity are aimed at benefiting a wider pool of businesses that…
Banks will be able to absorb the increase in the cost of funds following the hike in repo rate by…
If you buy the vehicle from a bank’s pre-owned car dealers, you may get a loan at a better LTV…
Though there is a moratorium period before repayment starts, it is best to start paying the interest even while the…
The advent of Fintech has made it possible for the common man to access credit easily with a much quicker,…
Credit and Finance for MSMEs: Alternate data bridges traditional and alternative financing methods by providing profound insights into customer behaviour…
Rajiv Anand, deputy MD, Axis Bank, said credit demand was unlikely to be hurt, adding that demand was coming in…
“The departments of revenue and financial services are in talks and a positive resolution of this issue is expected soon,”…