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Government is planning to ease procedure of availing loans for MSMEs: Sources
Sat, Oct 28, 2017
Post recapitalisation of the PSU banks, the union government is planning to ease the procedure of availing loans for Ministry of Micro, Small and Medium Enterprises (MSMEs), a source aware of the development has told this to Zee Business.
InterGlobe Aviation to seek shareholders' nod for giving loans
Fri, Oct 13, 2017
InterGlobe Aviation, which runs budget carrier IndiGo, will seek shareholders' approval to provide loans and guarantees, among others, worth up to Rs 10,000 crore to entities, according to a regulatory filing.
Have multiple loans? This what you need to look at before closing them
Wed, Aug 30, 2017
Taking loans now a days has become a necessity. Whether you want to buy a car or a home, loans are the only option which can help you with finances.
Financial Planning: 10 solutions an RBI Committee recommends for every Indian household
Tue, Aug 29, 2017
Only a quarter of households are able to deal with emergency expenses by drawing upon accumulated wealth. Instead, half of the population counts on help from family, friends and moneylenders.
Five personal finance lessons from Game of Thrones that you must not miss
Mon, Aug 28, 2017
Game of Thrones fans are still coping up with the fact that they have to wait for two years, this time can be utilised for learning financial lessons from the show.
Taking a personal loan? This is what you need to keep in mind
Wed, Aug 16, 2017
On the back of its easily accessible feature, opting for personal loans is the best option to meet the short and long term goals. However, should you be taking it in access?
Non-food credit inches up 4.5% in April as industries contract
Sun, Jul 02, 2017
The first month of the new fiscal year failed to cheer banks with non-food credit growing at a moderate 4.5 per cent to Rs 68,48,900 crore in April from Rs 65,51,500 crore a year ago, pulled down by a 1.4 per cent contraction in industrial credit demand, shows RBI data.
Who gets impacted by these farm loan waivers? Banks, NBFCs or MFIs
Mon, Jun 12, 2017
Farm loan waivers are the order of the season. But who picks the tab? banks, NBFCs or MFIs?
Credit score will decide your loan's interest rate; here's how to check it
Mon, Jun 12, 2017
According to the Reserve Bank of India data, till February, 2017, there were 29.1 million credit cards which were in operation.
Provide adequate funds to banks for loan waiver of 86 lakh farmers: Adityanath
Fri, Jun 09, 2017
The funds in proportion to the amount of loan waiver should be provided to banks soon after the passage of budget for 2017-2018 fiscal and certificates of waiver should be distributed among 86 lakh beneficiaries, he told a high-level meeting for implementing waiver scheme for small and marginal farmers.
RBI's SLR cut may help bring down your EMIs
Wed, Jun 07, 2017
Any reduction in SLR gives more room to bankers for trimming interest rates. This would mean, if you are borrower your EMIs may come down further.
Debt Trap: Follow these simple steps to keep your EMIs in check
Wed, May 24, 2017
As a thumb rule, all your EMIs put together – be they for personal loans, auto loan, credit cards, home loans, education loan – should not be more that 30% of your salary.
A year later, EarlySalary sees 17,000 applicants for short-term loans
Wed, May 17, 2017
EarlySalary a week back received $4 million in investment from IDG Ventures and DHFL.
Insolvency And Bankruptcy Code: First information utility to be operational in 3 months
Sun, May 14, 2017
According to a top official from IBBI, the government's Insolvency and Bankruptcy Code is likely to be operational in next three months.
Telcos' Financial Woes: Government's inter-ministerial panel to give views in 3 months
Sun, May 14, 2017
The government's inter-ministerial panel being constituted to suggest a policy prescription for the failing financial health of the telecom sector will consult banks and operators before finalising its views in three months.
Individuals have to disclose cash payments over Rs 2 lakh made for loans, card payments in new ITR form
Mon, Apr 10, 2017
Individuals will have to disclose all cash payments of over Rs 2 lakh made for paying loans and credit card bills during the 50-day period post demonetisation in the new Income Tax Return (ITR) form.
Is farm loan waiver in Uttar Pradesh the right thing to do?
Fri, Apr 07, 2017
Fulfilling the promise, Chief Minister Adityanath has announced farm loan waiver of Rs 36,359 crore to 2.5 crore small and marginal farmers having loans of up to Rs 1 lakh.
Not submitted investment proofs yet? Here's how you can still save tax
Mon, Mar 20, 2017
There are certain perquisites or expenses reimbursed by your employer which are eligible for tax benefits like uniform allowance, medical reimbursement, car allowance, telephone bills etc.
Demonetisation Impact: Finova Capital targets to disburse loan worth Rs 100 crore to MSMEs in 2017; plans to recruit 500 people in 2 years
Thu, Mar 16, 2017
Demonetisation has worked as a blessing in disguise for us as we collect 100% repayment through Automated Clearing House (ACH) mode and not through cash, Finova Capital managing director and chief executive officer, Mohit Sahney told Zeebiz.com.
Retirement fund body EPFO to launch housing scheme for over 4 crore subscribers in March
Fri, Feb 24, 2017
EPFO will launch a housing scheme next month for its over four crore members to enable them to make down payment and pay equated monthly installments (EMIs) from their employees' provident fund accounts to buy homes.