Fri, Mar 15, 2024
Strictness on gold loan may increase, Government and RBI keep an eye on complaints related to gold loan.. Finance Ministry and RBI consider increasing strictness on gold loan.. Disclosure rules possible for gold loan from both customer and company
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Wed, Feb 21, 2024
The report analysed trends from data of 71 fintech NBFCs from April 2018 to September 2023.
Thu, Feb 08, 2024
RBI monetary Policy: The statement read that currently, the loans and advances availed by borrowers, apart from including the rate of interest, also include other charges such as processing fees, documentation charges, etc.
Fri, Sep 02, 2016
Indian banks' loans rose 9.6% in the two weeks to August 19 from a year earlier, while deposits rose 9.2%, the Reserve Bank of India's (RBI) weekly statistical supplement showed on Friday.
Wed, Aug 31, 2016
Care Ratings believe that exposure to these norms may not have any effect on banks and corporate during the current fiscal but over the medium term, these measures will have an impact on borrowing patterns.
Mon, Aug 29, 2016
One of its kind fintech with an in house NBFC platform LoanTap has announced securing funds worth $3 million (nearly Rs 19.95 crore) in a Series-A investment round.
Thu, Aug 25, 2016
Sellers from the Mobile, Electronics, Fashion and Fashion accessories are the few categories that witnessed the highest adoption for the program.
Mon, Aug 22, 2016
NRLM is an innovative flagship programme designed to alleviate rural poverty in a time-bound manner.
Mon, Aug 15, 2016
Reserve Bank of India (RBI) has questioned the decision of a 21-bank consortium led by UCO Bank to extend a staggering Rs 5,262-crore loan to Kolkata-based rice trading firm REI Agro which was found to be involved in fraudulent activities.
Tue, Aug 09, 2016
The Rajya Sabha on Tuesday passed a bill that seeks to amend four laws that, among other matters, seek to empower banks to take possession of collateral in the case of loan default, except for farm land.
Thu, Jul 21, 2016
All India Bank Employee Association has released the data showing the total number of loan defaulters and the amount they owe. The data also segregates information based on banks.
The All India Bank Employees’ Association has released a list of wilful defaulters.
Wed, Jul 20, 2016
India’s bad debt is concentrated in four sectors - iron and steel, construction and infrastructure, power and textile which hold 55% of the total Rs 11.8 trillion debt, a report by India Ratings agency stated.
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