Pune (Maharashtra) [India], Aug 25 (ANI/BusinessWire India): Bajaj Housing Finance Limited (BHFL), a wholly-owned subsidiary of Bajaj Finance Limited has recently launched E-Home Loan for home buyers. By applying through it, borrowers can get approval for their home loan digitally within 10
New Delhi [India], Aug 22 (ANI): A petition has been filed in the Supreme Court seeking directions to all the banks to extend the moratorium period till December 31 to ensure helping the borrowers in deferring their EMI payment on term loans.
Mumbai (Maharashtra) [India], August 7 (ANI): Brickwork Ratings has said that an increase in loan to value (LTV) ratio to 90 per cent for borrowers increases the credit risk for banks as the collateral available in the form of gold ornaments or jewellery may not be sufficient to fully cover
Mumbai (Maharashtra) [India], Aug 7 (ANI): The Reserve Bank of India (RBI) on Friday announced the members of Kamath committee who will frame rules for the one-time restructuring of loans for stressed borrowers proposed by the central bank a day earlier.
New Delhi [India] Aug 5 (ANI/NewsVoir): A virtual We Talk on "Learner First-Unlocking the Learning Potential" was organized by Womennovator and Financepeer, a peer-to-peer lending platform connecting individual borrowers to lenders digitally.
New Delhi [India], Aug 1 (ANI): The central government on Saturday changed the eligibility criteria of a scheme that provides government guaranteed loans to micro, small and medium enterprises (MSMEs) to enable other categories of borrowers also to take benefit of the same.
New Delhi [India], July 19 (ANI): Congress leader Rahul Gandhi on Sunday questioned whether the Union government will prosecute the 2,426 companies that have defaulted on around Rs 1.47 lakh crore borrowed from banks.
Mumbai (Maharashtra) [India], July 6 (ANI): The impact of COVID-19 and associated policy response is likely to result in an additional Rs 1.67 lakh crore of debt from the top 500 debt-heavy private sector borrowers turning delinquent between FY21 and FY22, India Ratings and Research (Ind-Ra)
Bengaluru (Karnataka) [India] July 3 (ANI/PRNewswire): Profectus Capital, a non-banking finance company (NBFC), partners with LeadSquared, a new age lending CRM, to enhance borrower experience and streamline the disbursal process.
Singapore, July 2 (ANI): India's non-bank financial institutions (NBFIs) will continue to face elevated near-term risks even as economic activity picks up with the easing of the country's nationwide lockdown, according to Fitch Ratings.
New Delhi [India], June 26 (ANI): Nearly 30 per cent of housing finance companies (HFCs) portfolio is under moratorium and their gross non-performing assets (GNPAs) are likely to increase to 2.5 to 3 per cent in FY21, rating agency ICRA said on Friday.