LENDING INSTITUTIONS
ETMGS 2021: Lend a hand to needy, avoid useless stimulus in Budget 2021At the fourth edition of the ETMarkets Global Summit 2021, some of India’s top economists laid down their wish list from the forthcoming Bu...
- SSA Finserv raises $3 million from Blue Ashva Sampada Fund
Blue Ashva Capital will own a majority stake in SSA Finserv following the investment.
- Some lending apps thrive on India's Google Play despite policy violations
Some of these apps apply steep processing fees.
- Assam govt to waiving loan taken by women from micro finance institution
MFI lending in poll-bound Assam has become an election issue, while BJP led government brought set of regulations to regulate the MFIs, opp...
- BharatPe raises Rs 60 crore in debt financing from Innoven Capital
The fintech plans to raise $500-700 million in debt over next two years to bolster lending business
- Microfinance lending an election issue in Assam, Congress promises complete waiver of loan if voted to power
Microfinance institutions (MFI) lending in poll-bound Assam has become an election issue, while BJP led government brought set of regulatio...
- Banks will focus on cash flow-based lending in future: UCO Bank's Ajay Vyas
Various SBI officials have advocated for cash flow-based lending models over the traditional asset-based or ratings-based ones. In cash flo...
- RBI Guv ask banks to strengthen lending capacity by raising capital
During a two-day meeting with heads of banks, including the private sector lenders, the governor emphasised on the need to remain vigilant ...
- Higher delinquencies in credit card, loans against property segments in retail lending: Report
As of August-end, the loans overdue for over 90 days in the credit card segment were 0.51 per cent up from the year-ago period at 2.32 per ...
- Government plans to set up a development finance institution in 3-4 months: DFS Secy
About 7,000 projects have been identified under the National Infrastructure Pipeline (NIP) with projected investment of a whopping Rs 111 l...
- Asian Development Bank lends Rs 295 crore to Northern Arc Capital
Northern Arc Capital will use it to extend loans proceeds and provide guarantees to financial institutions and individual borrowers.
- RBI may allow SFBs to lend to smaller microfinance institutions with loan assets below Rs 500 cr
RBI, which had earlier turned down a similar proposal, is now actively considering it so that the funding requirement for the sector is met...
- ECLGS 2.0 scheme: Govt extends credit guarantee scheme to 27 sectors
The scheme was announced by the government earlier this month as part of the Rs 2.65 lakh crore Atmanirbhar Bharat 3.0 package. "Under ECLG...
- Lendingkart launches co-lending SaaS platform for financial institutions, banks, NBFCs
Lendingkart 2gthr provides enhanced loan management capabilities, credit underwriting model and flexibility to configure co-lender specific...
- Centre extends Emergency Credit Line Guarantee Scheme till the end of November
Lending institutions under the scheme have sanctioned loans amounting to Rs 2.03 lakh crore to 60.67 lakh borrowers and disbursed loans tot...
- RBI asks lending institutions to implement waiver of interest on interest scheme
The scheme mandates ex-gratia payment to certain categories of borrowers by way of crediting the difference between simple interest and com...
- RBI asks lending institutions for ex-gratia payment of interest on interest scheme
Mumbai: The Reserve Bank on Tuesday asked all lending institutions, including non-banking financial companies, to implement the waiver of i...
- Waiver of interest
- Banks cannot auction project without the approval of buyers, authority: Haryana RERA
Gurgaon bench of Haryana Real Estate Regulatory Authority has threatened to take penal action against the banks if they auction the project...
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