Daily Banking News & Financial Updates Around the World

MSMEs Don’t Need Fresh Loans, Even With Government Guarantee

MSMEs do not need fresh loans - This is strange but true, they do not need any loan even with the Government...

Collateral free loans under Government Rs 20 lakh crore stimulus package - If you believe on the analysis of Bank of America...

MSMEs New definition by Government - The government of India has changed the much awaiting classification of the existing MSMEs with new...

You will not believe that there are not much takers for RBI's 3-month loan EMI moratorium offered by various banks due to...

SBI Rate Cuts by 0.15% - State Bank of India (SBI) has reduced its Fund's Marginal Cost Based Interest Rate (MCLR) by...

A big consumer base in India is attracting Whatsapp to start the Credit & lending business - Facebook led whatsapp has listed...

Google next big product in the market - a co branded debit card with different banks like Citibank or Stanford Federal Credit...

The People’s Bank of China (PBoC) has purchased 1.75 crore shares or 1% in one of the largest housing finance lenders in...