While banks have the same eligibility criteria, it can differ in case of NBFCs. They have different criteria for salaried and professionals and it depends on the income of the borrower and other outstanding liabilities
After five years, the insurance regulator is in the process of reviewing the structure of linked and non-linked life insurance products. It has put out a draft paper which, among other things, proposes to make the minimum dea
Investors in equity-oriented mutual funds should not get flustered by volatility in the asset class over the short term, and remain invested over the long term (7-10 years) to derive optimum returns, says Jiju Vidyadharan, se
At a time when assets under management of mutual funds declined 12.5% to Rs 22 lakh crore at September-end due to massive outflows from liquid funds and income schemes, equity and equity-linked savings schemes (ELSS) saw an i
The rupee has depreciated over 15% against the US dollar since January this year because of rising crude prices, slowing flow of funds from foreign institutional investors and increase in the US Dollar index.
With the Supreme Court scrapping the mandatory linking of Aadhaar with bank accounts and ruling that private companies can no longer insist on Aadhaar-based authentication, fintech companies find themselves in a spot.
On the back of strong growth in retail consumer finance, simpler lending procedures and rapid expansion of its network, Home Credit India, a part of Czech Republic-based consumer finance provider Home Credit BV, which started