Pune (Maharashtra) [India], September 6: Ganesh Chaturthi is a joyous occasion marked by celebration, devotion, and togetherness. As families across India gather for the festivities, managing both planned and unexpected expenses can be tough. A gold loan offers a quick solution, providing fu
New Delhi [India], September 5: Shree Tirupati Balajee Agro Trading Company Limited- a leading manufactures Flexible Intermediate Bulk Containers (FIBCs) and other packaging products plans to raise up to Rs 169.65 crore from its public issue.
Mumbai (Maharashtra) [India], September 3: Fibe, India's leading fintech, has integrated onto the ONDC Network to extend credit services to the underserved parts of the country. It has become one of the first fintechs to be onboarded on the Open Network's financial services-credit category.
The banks in the country are facing challenges due to a slowdown in deposit growth, according to a recent report by SBI Securities, the slowdown in the deposit growth has forced the banks to rely more heavily on external market borrowings to meet their capital needs.
New Delhi [India], August 23: "The rapid expansion of digital or APP lending platforms has made access to credit easier than ever, but it also increases the risk of falling into debt traps if not managed wisely."
According to a recent study by Pulse Consultant, of those currently struggling to make ends meet, 60 per cent have had to cut back on essential expenses, including groceries, while 40 per cent have resorted to borrowing money from their acquaintances.
Recognising the impact of digitisation in the country, S&P Global Ratings said that the state-backed digital initiatives will underpin a tripling of Indian retail borrowing by 2030, lifting Indian households' debt to about USD 2.5 trillion or about 34 per cent of GDP.
The credit offtake continue to grow at the rate of 13.9 year-on-year to reach Rs. 168.1 lakh crore for the fortnight ending July 12, 2024, however, the pace of growth was slow, a Care Edge report said.
New Delhi [India], August 1: Nowadays, it is very necessary to be able to have access to fast and reliable financial aid as it could make a big difference. Quick solution is offered by PayMe loans for those who need immediate cash but we should borrow responsibly in order not to mess our fin
The credit growth in June 2024 dropped sharply to 17.4 per cent lower than 20.8 per cent in the previous month, however over the last twelve months, credit offtake expanded by Rs. 20.4 lakh crore while deposits expanded by Rs 23.9 lakh crore, a report by Anandrathi observed.
New Delhi [India], July 29: Hero FinCorp Personal Loans are extremely popular among Indian consumers. Thanks to their instant loan amount of up to Rs 5 Lakh, competitive interest rates and flexible repayment terms of up to 36 months. To make borrowing instant loans more rewarding, Hero FinCo
Mumbai (Maharashtra) [India], July 29: The Board of Directors of IDFC FIRST Bank, in its meeting held today, approved the unaudited financial results for the quarter ended June 30, 2024.