Clix Capital founder Anil Chawla said the company continuously strive to bridge the credit gap in unserved and underserved segments
The biggest advantage of a gold loan is that it is a secured loan with a lower interest rate compared to an unsecured personal loan
According to BofA Securities organized gold loan industry will deliver an average growth rate of around 15% per annum over the next 4-5 years
MFIN is an industry association comprising 58 NBFC-MFIs and 39 associates including banks, small finance banks (SFBs), and NBFCs.
Corporate FDs: It is very important for the depositor to check the rating and the financial health of the company before trusting it with the money
There is a third option where only the customer pays only the interest at the end of the year and renews the loan for another year
The RBI, through a circular, extended the provisions issued for NBFCs to housing finance companies (HFCs) also.
Home loans: Amongst the leading NBFCs, HDFC Home Loans and Bajaj Housing Finance are offering some of the best rates
Indians are in a mood to save and the government should utilise this opportunity to mobilise long term funds for building infrastructure
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 up on-site oxygen generation plants