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Five reasons why gold loan is a good idea for emergency fund
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
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Gold loan segment of NBFCs set to glitter: BofA Securities
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
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Microfinance loan portfolio grows 11.9% to Rs 2,59,377 crore as on March-end: MFIN
MFIN is an industry association comprising 58 NBFC-MFIs and 39 associates including banks, small finance banks (SFBs), and NBFCs.
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Eyeing higher interest rate? Company FDs offer up to 7.95%
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
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Gold loans: All you need to know about EMI & overdraft
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
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RBI extends risk-based internal audit system to housing finance companies
The RBI, through a circular, extended the provisions issued for NBFCs to housing finance companies (HFCs) also.
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These NBFCs are offering home loans at competitive rates
Home loans: Amongst the leading NBFCs, HDFC Home Loans and Bajaj Housing Finance are offering some of the best rates
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Government can float tax-free instruments to soak up savings
Indians are in a mood to save and the government should utilise this opportunity to mobilise long term funds for building infrastructure
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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
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Fixed Deposits: These NBFCs offer up to 7.25% interest on 1-year deposit
FDs by NBFCs offer higher interest rates than banks or post offices
