loans
Nirmala Sitharaman Meet Bankers for Pre-Budget Consultations Today, Loans on Agenda
Thu, Jun 13, 2019
As part of pre-Budget consultations, Union Finance Minister Nirmala Sitharaman meet bankers, including officials of the Reserve Bank of India (RBI) and other financial institutions, on Thursday.
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RBI issues circular on NPAs, says defaults need to be recognized within 30 days
Fri, Jun 07, 2019
The Reserve Bank of India on Friday released fresh guidelines to deal with bad loans after the Supreme Court quashed its 12 February, 2018, circular, which mandated lenders to start resolution even if there was a one-day default. New NPA resolution norms replace all the previous models, the central bank said. Under the new norms, defaults are to be recognized within 30 days, says RBI.
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Can a good credit score help you reduce interest rate on your loan?
Sat, Jul 14, 2018
At some point in our lives, we need financial funding for various reason. And you must have heard that banks are always guiding you to maintain a good credit score. This one indicator plays a major role in what happens to your loan request. Your credit score helps you determine two things.
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How to apply for loan: Smart 6-point guide to applying for short term credit for your business
Tue, Mar 27, 2018
Although the market is flooded with numerous loan products, short-term loans are emerging as a viable option ,gaining quick popularity among small business owners. While salaried employees and self-employed professionals too prefer short term personal loans for making personal need purchases like consumer appliances and electronics, short term loans are usually taken by businessmen for maintaining cash flows and financing business capital needs during temporary funds shortage
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Who is a guarantor and how to safeguard wife’s assets?
Sat, Mar 24, 2018
Those in business constantly require money at one or the other time, be it purchase, transport, day-to-day operation and expansion, etc. For businesses to avail a commercial loan from any of the banks is also not very difficult. But banks do need a guarantor or surety before approving such loan requests and this is considered as the key aspect
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