Search For "borrower"
Reduction in repo rate to benefit people, industry: Javadekar
Updated : 6 years, 5 months ago IST
Lucknow (Uttar Pradesh) [India], Oct 5 (ANI): Hailing the Reserve Bank of India's (RBI's) decision to cut repo rate, Union Minister for Information and Broadcasting Prakash Javadekar said on Saturday that the government has asked banks to transmit accruing benefits to loan borrowers.
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Planning to avail a LAP from Bajaj Housing Finance Limited - here's how to
Updated : 6 years, 5 months ago IST
Pune (Maharashtra) [India] Sept 23 (ANI/BusinessWire India): Conventionally, secured loans have always been a smart choice for borrowers in need of hefty funds.
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Bajaj Finserv Personal Loan: The Ideal Option for All Your Big-Ticket Expe
Updated : 6 years, 6 months ago IST
Pune (Maharashtra) [India] Sept 12(ANI/BusinessWire India): The flexible and customer-friendly features of a personal loan have made it extremely popular among Indian borrowers, especially when it comes to meeting big-ticket expenses.
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Steps to boost lending could increase banking sector risk: Fitch
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 6 (ANI): Risks in India's banking sector may rise as a result of the central bank's steps encouraging more lending to non-bank financial institutions (NBFIs) and retail borrowers, Fitch Ratings said on Friday.
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SBI announces loans at cheaper rates during festival season
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 20 (ANI): State Bank of India (SBI) on Tuesday announced a slew of offers including cheaper rates for home and auto loan borrowers to cash in on the upcoming festival season.
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ICRA downgrades Yes Bank's bonds as quality of large borrowers slides
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 4 (ANI): Private lender Yes Bank said on Saturday that rating agency ICRA has downgraded its tier-I and tier-II bonds and infrastructure debt following deterioration in the credit quality of large ticket borrowers.
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RBI governor to meet bank chiefs on rate cuts this week
Updated : 7 years ago IST
New Delhi [India], Feb 18 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das will meet the heads of public and private sector banks on February 21 to seek their views on cutting interest rates for borrowers.
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RBI eases liquidity norms for banks
Updated : 7 years, 4 months ago IST
New Delhi [India], Oct 19 (ANI): The Reserve Bank of India (RBI) on Friday increased lenders' single borrower exposure limit for Non-Banking Financial Companies (NBFCs) which do not finance infrastructure, to 15 per cent of capital funds.
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LenDenClub launches InstaMoney Android app
Updated : 7 years, 9 months ago IST
New Delhi [India], June 13 (ANI): Fastest growing peer-to-peer (P2P) lending platforms in India, LenDenClub has announced the launch of an Android-based App to connect lenders with creditworthy borrowers.
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Cash Suvidha aims to disburse Rs. 400 Cr loan amount to 50,000+ borrowers
Updated : 7 years, 10 months ago IST
New Delhi [India], Apr 24 (ANI): Cash Suvidha, a fintech startup that began its operations in May 2016 by extending business loans to SMEs, MSMEs, and personal and women entrepreneurs has added another feather to its cap. It has disbursed around Rs 122 crore of loans in the Financial Year 20
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INFIN8: A new revolution in finance sector
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 20 (NewsVoir): Vikram Raichura, CEO of VivaConnect along with Radhika Raichura, announced their new venture 'INFIN8'. INFIN8 offers a quick and easy process of connecting potential borrowers with multiple lenders through both online (APP and Web) and offline, through
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Lenders need to be proactive in monitoring borrowers: RBI
Updated : 7 years, 11 months ago IST
Pune (Maharashtra) [India], Apr. 18 (ANI): Amid a recent surge in payment delays and loan defaulting, Reserve Bank of India (RBI) Deputy Governor N.S. Vishawanathan said lenders need to be proactive in monitoring their borrowers and identifying financial stress, using a combination of lea
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