Search For "collateral free"
RBI allows collateral free loans of up to Rs 20 lakh to MSEs
Updated : 2 months, 1 week ago IST
"Banks are mandated not to accept collateral security in the case of loans up to Rs 20 lakh extended to units in the MSE sector. Banks are also advised to extend collateral-free loans up to Rs 20 lakh to all units financed under the Prime Minister Employment Generation Programme (PMEGP) admi
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RBI proposes compensation for small-value transaction fraud; raises collat
Updated : 2 months, 1 week ago IST
Reserve Bank of India Governor Sanjay Malhotra on Friday announced a set of measures aimed at enhancing customer protection, advancing financial inclusion, enhance flow of credit, strengthening urban cooperative banks (UCBs), promoting ease of doing business for NBFCs, and deepening financia
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"More than 1 lakh people will benefit": CM Rekha Gupta on Delhi government
Updated : 3 months, 3 weeks ago IST
"This MoU is very important. I understand that in Delhi, there are lakhs of young people with innovative ideas who want to start a good business, a good job, a good industry, or some initiatives in the service sector. There are many such startups that want to move forward, but there is no
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Gross NPAs in outstanding education loans of public sector banks reduced t
Updated : 5 months, 1 week ago IST
Union Minister of State for Finance Pankaj Chaudhary, in a written reply to the Lok Sabha on Monday, said that in terms of outstanding education loans, the Gross Non-Performing Assets (NPA) of Public Sector Banks (PSBs) reduced from 7% in FY 2020-21 to 2% in FY 2024-25, thereby showing the s
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Get Collateral-Free Business Loans with Quick Approval on Bajaj Markets
Updated : 7 months, 3 weeks ago IST
Pune (Maharashtra) [India], September 11: Bajaj Markets offers access to collateral-free business loans designed to empower entrepreneurs and business owners with quick access to capital. This ensures a seamless borrowing experience, with minimal documentation and accelerated approval timeli
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Govt. promotes Credit Guarantee Scheme for MSMEs to empower first-generati
Updated : 10 months, 3 weeks ago IST
The Ministry of Micro, Small & Medium Enterprises (MSME), Government of India, is actively promoting the Credit Guarantee Scheme for Micro & Small Enterprises (CGTMSE) to empower first-generation entrepreneurs and foster self-employment opportunities.
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India-Mexico Trade Corridor: Credlix Launches India Sourcing to Strengthen
Updated : 11 months ago IST
New Delhi [India], June 25: Credlix, a global fintech platform for cross-border supply chain financing, has announced the launch of its India-Mexico Connect service. This new offering enables Mexican buyers to source industrial products directly from Indian manufacturers via the deep B2B net
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Transparency in Personal Loan Fees and Charges: What You Should Know
Updated : 1 year, 2 months ago IST
Mumbai (Maharashtra) [India], March 13: Personal loans have emerged as a popular choice for individuals seeking quick access to funds for a diverse range of reasons. Many financial institutions these days offer collateral-free personal loans, at competitive interest rates, making them easily
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PM Surya Ghar Muft Bijli Yojana led to 10 lakh homes becoming solar-powere
Updated : 1 year, 2 months ago IST
The scheme offers collateral-free loans of up to Rs 2 lakhs at a marginal interest rate of 6.75 per cent through 12 public sector banks. So far over 3.10 lakh loan applications have been received by banks and over 1.58 lakh sanctioned. Loans under the scheme are disbursed to over 1.28 lakh a
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OneScore: Ultimate Solution To Free Credit Checks and Instant Loans
Updated : 1 year, 3 months ago IST
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
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RBI raises collateral-free agricultural loan limit to Rs 2 lakh to support
Updated : 1 year, 5 months ago IST
The Reserve Bank of India (RBI) has announced an increase in the limit for collateral-free agricultural loans will be increased from Rs 1.6 lakh per borrower to Rs 2 lakh, effective from January 1, 2025.
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RBI increases collateral free loan limit for farmers from Rs 1.6 lakh to R
Updated : 1 year, 5 months ago IST
In a much bigger relief to small and marginal farmers the Reserve Bank of India (RBI) on Friday has hiked the limit for collateral-free loans for agricultural farmers from Rs 1.66 lakh to Rs 2 lakh per borrower.
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