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RBI red flag: 10% retail debtors missing EMIs
RBI has said that about 10% of the retail borrowers are regularly missing their EMIs but are just managing to stave off the non-performing asset stam
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Small cos big players in microfinance loans
As per a MicroMeter report, as of March 31, the microfinance industry has reached up to ₹3,48,339 crore
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NBFCs: Game Changers for Economic Growth
In recent years, the role of Non-Banking Financial Companies (NBFCs) has emerged as a game changer in driving economic growth, particularly in rural I
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Auto sector shares step on the gas pedal
In May, sales picked up some pace as retail sales grew 10%. Two-wheeler sales went up 9%, three-wheeler sales zoomed 79%. Meanwhile, Passenger vehicl
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Register flats even if builder insolvent
Plagued by the growth in home buyers who cannot get their flats registered because the developer is insolvent, the government is considering whether t
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Check out this lending model
Co-lending is an arrangement where the loan is given by one entity but the risk is shared by two entities. A Non Banking Financial Company (NBFC) is t
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Where can you get cheaper gold loan?
The best part is that the interest rates on gold loans are much lower than the personal loan interest rates. At present, many banks charge less than 9
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New E-KYC aggregator in works by UIDAI & NPCI
Entities need not register individually for undertaking e-KYC using Aadhaar, while making sure that data of users are shared with any of these entitie
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Do's and Don'ts of the loan world
To ensure that you make a wise decision when applying for a loan, it's essential to understand the fine print about the loan approval process
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Personal loan from NBFC is better option
Why taking a personal loan from NBFC is better than taking the same from a bank? Read on...
