Search For "affordable credit"
Directorate General of Foreign Trade issues details of interest subvention
Updated : 4 months, 4 weeks ago IST
The scheme is jointly implemented by DGFT and the Reserve Bank of India (RBI) and applies to both pre-shipment and post-shipment export credit in rupees. The interest subvention is benchmarked against repo rates of India and comparable economies.
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Piramal Finance and ICICI Bank Join Hands for Co-Lending Partnership
Updated : 1 year, 1 month ago IST
Mumbai (Maharashtra) [India], April 9: Piramal Finance Limited (formerly known as Piramal Capital & Housing Finance Ltd.), a leading Non-Banking Financial Company (NBFC), has partnered with ICICI Bank to improve credit accessibility for middle and low-income borrowers, especially in rura
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Aye Finance partners with Credgenics for digital transformation in debt co
Updated : 1 year, 3 months ago IST
New Delhi [India], February 5: Aye Finance, one of the leading NBFCs providing business loans to the largely underserved micro-scale enterprises in India has joined hands with Credgenics, an AI-powered platform for debt collections and resolutions. This engagement will digitally transform Ay
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RBI governor asks banks to continue financial stability, deepen financial
Updated : 1 year, 4 months ago IST
The RBI governor exhorted the banks to ensure continued financial stability, deepen financial inclusion, improve digital literacy, enhance the availability and affordability of credit, strengthen customer service and grievance redress mechanisms, and continue to invest in technology.
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FinDoc Finvest Launches Digital Lending with Short-Term Personal Loans Pow
Updated : 1 year, 8 months ago IST
New Delhi [India], September 27: FinDoc Finvest, the Non-Banking Financial Company (NBFC) arm of FinDoc Financial Services, is pleased to announce its entry into digital lending in India with the launch of short-term personal loans with Roopya as its technology platform partner. This strateg
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FinDoc Finvest, NBFC Arm of FinDoc Financial Services, Launches Digital Le
Updated : 1 year, 8 months ago IST
New Delhi [India], September 12: FinDoc Finvest, the Non-Banking Financial Company (NBFC) arm of FinDoc Financial Services, is pleased to announce its entry into digital lending in India with the launch of short-term personal loans. This strategic move marks a significant milestone in FinDoc
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ANVI introduces India's first AI powered alternative digital bank to deliv
Updated : 4 years, 2 months ago IST
New Delhi [India], March 23 (ANI/PNN): ANVI is building a fully digital, comprehensive banking and financial services ecosystem across India by connecting a population of one billion underbanked Indians, retailers and SMEs to deliver essential financial services for free and bring them affor
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Villages should not be seen as mere 'factories supplying food to cities':
Updated : 4 years, 10 months ago IST
Hyderabad (Telangana) [India], July 12 (ANI): Vice President M Venkaiah Naidu on Sunday said that providing better prices for agricultural produce and timely, affordable credit to farmers is crucial to sustaining agriculture in the country.
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Eko partners risk-tech startup TERA Finlabs to provide affordable credit t
Updated : 5 years, 8 months ago IST
Bengaluru (Karnataka) [India] September 23 (ANI/NewsVoir): Embedded lending solutions are growing in popularity and set to become one of the next big disruptions in consumer lending. The pandemic has accelerated the pace of strategic partnerships in the financial services space.
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Nucleus Software to lead digital transformation at Muthoot Fincorp
Updated : 5 years, 9 months ago IST
New Delhi [India], Aug 18 (ANI): Nucleus Software will power digital lending transformation at leading non-banking finance company Muthoot Fincorp, the flagship company of Muthoot Pappachan Group.
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Welcome RBI's move to cut repo rate, it will boost demand amid COVID-19: P
Updated : 6 years ago IST
New Delhi [India], May 22 (ANI): Union Minister Piyush Goyal on Friday welcomed the Reserve Bank of India's (RBI) move to cut repo rate and reducing the reverse repo rate saying that it will boost demand amid COVID-19 by extending affordable credit to MSMEs and other businesses.
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Microfinance organisation Grameen Koota receives ISC-FICCI 2017 Sanitation
Updated : 8 years, 9 months ago IST
New Delhi [India], Apr 28 (ANI-BusinessWire India): Grameen Koota, a Bengaluru-based microfinance organisation on Thursday received the ISC-FICCI 2017 award for Best Financial Accessibility for Sanitation for its efforts in providing access to affordable credit to its customers to build toil
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