-
RBI keeps policy rate unchanged; cuts growth forecast to 9.5%
MPC decided to maintain the status quo, that is keeping the benchmark repurchase (repo) rate at 4%.
-
Finance Ministry widens scope of ECLGS, banks to offer concessional loans for setting up oxygen plant
Under the ECLGS 4.0, 100% guarantee cover will be given to loans up to Rs 2 crore to hospitals, nursing homes, clinics, medical colleges for setting u
-
Loan against fixed deposits: Things you should keep in mind
You don’t have to withdraw money or break the FD. It remains as it is. It is merely pledged to the bank
-
Canara Bank announces 3 loan schemes amid the fight against Covid-19
The Canara Chikitsa healthcare credit facility will offer loans from over Rs 10 lakh to Rs 50 crore to registered hospitals, nursing homes, medical pr
-
A guide for changing loan repayment method
To repay a loan, usually three types of payment methods are allowed — standing instructions, post-dated cheques and electronic clearing service
-
MFIs gave more loans to customers during pandemic: RBI report
Microfinance institutions further the cause of financial inclusion as they lend to those who are often too poor to get loans according to conventional
-
SBI’s retail loans nudge past corporate loanbook; gold loans grow 465%
Apart from the gold loans, SBI's Xpress Credit, another retail loan segment, showed a 36.5% growth
-
Money9 Edit | All that is digital isn’t gold
Borrowers ought to weigh in properly on the loan conditionalities before signing up
-
Covid-19 impact: Loan against gold jewellery jumped 82% in FY21
This unlocking of extra value for gold pledged has further prompted a rush for gold loans, said jewellers
-
Supreme Court allows banks to proceed against personal guarantors under IBC
SC upheld the validity of the Centre's notification allowing banks to proceed against personal guarantors for recovery of loans given to a company und
