Pune (Maharashtra) [India], March 13: A low credit score is a common reason for the rejection of loan applications or unfavourable terms. A poor score indicates a higher level of risk for the lending bank or NBFC, making it more difficult for borrowers to secure the desired loan amounts, qui
New Delhi [India], March 10: Dealing with loan repayment issues can be stressful, especially when facing bank pressure or potential legal consequences. Whether it's a business loan or a personal loan settlement, negotiating favorable terms requires expertise and a strong legal understanding.
Mumbai (Maharashtra) [India], March 7: Aditya Birla Housing Finance Limited ("ABHFL"), a wholly owned subsidiary of Aditya Birla Capital, India's leading diversified financial services company, has launched 'Khushi', a customised home loan offering for women borrowers to help them on their p
The report highlights that women's share of the total self-monitoring base increased to 19.43 per cent in December 2024, up from 17.89 per cent in 2023. More women from non-metro regions are actively self-monitoring their credit compared to those in metro areas, with growth of 48 per cent in
New Delhi [India], February 27: Personal loans can be effective in dealing with financially challenging situations. However, before applying for an instant personal loan, individuals must understand the eligibility criteria and estimate the right loan amount. Moreover, they should also look
Pune (Maharashtra) [India], February 18: With a quick loan app, borrowers can easily secure a collateral-free loan via their mobile phone anytime, anywhere. One such platform is the OneScore app, which gives its users complete transparency all through the borrowing process, starting from cre
Mumbai (Maharashtra) [India], February 15: In the evolving landscape of used car financing, understanding the Loan-to-Value (LTV) ratio is crucial for potential buyers. The LTV ratio represents the percentage of a vehicle's value that a lender is willing to finance through a loan. Most finan
Pune (Maharashtra) [India], February 14: Bajaj Markets, a digital financial marketplace, has partnered with CRIF High Mark to help individuals gain deeper insights into their credit behaviour. In accordance with this, individuals can get their credit score on Bajaj Markets from CRIF High Mar
Karnataka Chief Minister Siddaramaiah on Wednesday announced that the state government will soon implement an ordinance to prevent microfinance companies from harassing borrowers, adding that the ordinance has received the Governor's approval.
Hyderabad (Telangana) [India], February 5: Pennant Technologies, an agile and innovative financial technology company, has been recognized as a Representative Vendor in the Gartner® 2024 Market Guide for Commercial Loan Origination Solutions. The company believes that the recognition re
ARCs are now required to frame Board-approved policies governing the settlement of dues. These policies must cover crucial aspects such as the eligibility cut-off dates for one-time settlements, permissible sacrifices for various exposure categories, and methodologies to determine the realiz