Opinion : Will Collateral Free Loans Kill the Public Sector Banks in Long Term ?
Collateral free loans under Government Rs 20 lakh crore stimulus package – If you believe on the analysis of Bank of America (BofA Securities), Government-owned
MSMEs New Definition, Turnover Based Classification Introduced
MSMEs New definition by Government – The government of India has changed the much awaiting classification of the existing MSMEs with new one. The new
No Takers for RBI’s 3-Month Loan EMI Moratorium
You will not believe that there are not much takers for RBI’s 3-month loan EMI moratorium offered by various banks due to COVID-19 pandemic. Borrowers
SBI Cuts 0.15% in Interest Rates, ‘SBI Veecare Deposit’ For Senior Citizens
SBI Rate Cuts by 0.15% – State Bank of India (SBI) has reduced its Fund’s Marginal Cost Based Interest Rate (MCLR) by 0.15 per cent.
Now Get a Loan From Whatsapp Payments, to enter the lending business in India
A big consumer base in India is attracting Whatsapp to start the Credit & lending business – Facebook led whatsapp has listed credit as one
Google Now Launching – Debit Cards
Google next big product in the market – a co branded debit card with different banks like Citibank or Stanford Federal Credit Union. A report
People’s Bank of China picks up 1% shares in HDFC
The People’s Bank of China (PBoC) has purchased 1.75 crore shares or 1% in one of the largest housing finance lenders in India, HDFC Ltd.
What 3 Months RBI’s moratorium on loan means for the borrowers ?
What does moratorium on loan mean ? Moratorium period refers to the period of time during which you do not have to pay an EMI
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