-
Cost of funds of NBFCs on the rise as banks squeeze
As a direct consequence of their funds becoming costlier, non-bank entities are also heading towards a market where their margins would be squeezed
-
Get your gold valued independently before taking loan
Before you take the loan, it is important to get the gold valued independently. This will help you ensure that you get a fair deal from the lender.
-
Role of Gold Loan NBFCs in Growth
Customers are increasingly inclined to leverage their gold assets to facilitate planned expenses, rather than solely relying on them for emergencies o
-
After RBI, Sebi bans J M Fin for 60 days for flouting norms
Sebi barred JM Financial Ltd from accepting new mandates to act as a lead manager for public issue of debt securities
-
Bank a/cs with common mobile numbers face tougher KYC norms
Banks are likely to seek more more verification from individuals who have multiple accounts opened with different documents
-
UPI-like setup for loans to farmers
The platform has been designed to facilitate agricultural loans, low-ticket MSME loans, Kisan credit cards and similar products
-
IRDAI planning to step up scrutiny for products aimed at 55+
The objective is to increase levels of transparency in the selling of policies
-
How to Enhance Your Personal Loan Eligibility
Those seeking to avail personal loans applicant can do very little about their income, job or employer profiles, there are fronts where they can work
-
How to reduce EMI burden
It’s advisable for borrowers to make lump-sum payments at least once a year, especially when you receive significant amounts like annual bonuses
-
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
