Pune (Maharashtra) [India] Aug 28 (ANI/BusinessWire India): It is known that ample funding is required by MSMEs for fuelling output, growth, and profitability. According to a report by India Today - "India's MSME sector forms the life-blood of India's economy; contributing to 30 per cent of
New Delhi [India], Aug 20 (ANI): Banks from public and private sectors have sanctioned loans worth over Rs 1.5 lakh crore under the Emergency Credit Line Guarantee Scheme (ECLGS) of which more than Rs 1 lakh crore has already been disbursed, the government said on Thursday.
Mumbai (Maharashtra) [India], Aug 13 (ANI/PRNewswire): Poonawalla Finance Private Limited, a systemically important non-deposit taking NBFC, has entered into an MOU to offer a collateral-free special term loan scheme with an aim to benefit over three lakh Chartered Accountants, who are the m
Mumbai (Maharashtra) [India], Aug 13 (ANI): Gold loan non-banking finance companies (NBFCs) are unlikely to be significantly impacted by the Reserve Bank of India's new guidelines allowing banks to lend up to 90 per cent of the gold value as prudent lending practices may demand lenders to be
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
Pune (Maharashtra) [India] July 29 (ANI/BusinessWire India): Recent times have witnessed a massive demand for doctors. According to a study by the Economic Times - "India has a shortage of an estimated 600,000 doctors". This again calls for more applicants applying for MBBS or even MD.
Pune (Maharashtra) [India], July 15 (ANI/BusinessWire India): According to a report by India Today - "India's MSME sector forms the life-blood of India's economy; contributing to 30 per cent of India's GDP and 40 per cent of exports."
Anantnag (Jammu and Kashmir) [India], June 13 (ANI): A precision operation was carried out in Jammu and Kashmir's Anantnag district which ensured no collateral damage. Two terrorists of Hizbul Mujahideen were eliminated.
New Delhi [India], June 1 (ANI): Consumer electricals and electronics major V-Guard Industries on Monday reported 47 per cent plunge in its consolidated profit after tax at Rs 32 crore for the quarter ended March 31.
New Delhi [India], May 14 (ANI): Union Minister Dharmendra Pradhan on Thursday lauded Rs 3 lakh crore collateral-free loans announced by the Ministry of Finance as a stimulus package, saying that entrepreneurs don't need free money but they certainly need 'hassle-free' money.
New Delhi [India], May 13 (ANI): Finance Minister Nirmala Sitharaman on Wednesday announced a series of liquidity measures for millions of small businesses reeling under the impact of COVID-19 lockdown, including collateral-free automatic loans worth Rs 3 lakh crore.
New Delhi [India], May 13 (ANI): Union Finance Minister Nirmala Sitharaman on Wednesday announced Rs 3 lakh crore collateral-free automatic loans for businesses, including MSMEs.