Union Finance and Corporate Minister, Nirmala Sitharaman on Saturday said that the Ministry of Micro, Small and Medium Enterprises (MSMEs) will get collateral-free loans of upto Rs 100 crore through a new credit assessment model by PSU banks.
The recent slowdown in the bank credit growth especially in the personal loans is likely to impact the consumption in the urban areas, says a report by Crisil.
"RBI's change of stance on liquidity, from withdrawal to a neutral position, should abate concerns. Also the growth rates between credit and deposit growth have now converged compared with a peak gap of 400bp over the past year. This, along with better deposit growth and easier liquidity, sh
Mumbai (Maharashtra) [India], November 7: India's apex industry body for alternative assets, the Indian Venture and Alternate Capital Association (IVCA), announced the IVCA Private Credit Summit 2024, an initiative in collaboration with Avendus, EAAA India Alternatives Limited, InCred Altern
Amid their ongoing divorce proceedings, Ben Affleck praised his ex-wife Jennifer Lopez for her performance in their upcoming film 'Unstoppable'. Now, Lopez has reacted to it and credited the entire cast for giving their best in the movie, reported E! News.
Kumaraswamy criticized the probe, questioning the authority of a superintendent-level officer to investigate the Chief Minister, saying, "What inquiry have they done? An SP-level officer inquiring about the CM? It's a drama which happened today. SP might have written whatever they wanted."
New Delhi [India], November 6: Home Credit India, a local arm of the leading global consumer finance provider, has released the findings of its annual consumer study - How India Borrows. The sixth edition of the study reported a significant shift in borrowing patterns among the lower-middle-
Ariana Grande shared why she decided to use her birth name in the credits of her upcoming film 'Wicked', which is an adaptation of the Broadway musical, reported People.
The prices of Kashmiri apples have fallen and people in Jammu and Kashmir's Poonch are buying them at low rates. Local residents gave credit to Mughal Road which reduces transportation time and urged the government to keep this road open for 12 months.
New Delhi [India], November 6: A Credit Card can be a powerful financial tool when used correctly. However, selecting the right Credit Card for yourself can be a tedious process, especially without prior research.
The Department of Financial Services (DFS) which functions under the Finance Ministry reviewed the progress of credit disbursement to agri-allied activities such as animal husbandry, dairying and fisheries with Public Sector Banks (PSBs), NABARD and State/ UT Level Bankers' Committee.
India's Ambassador to Russia, Vinay Kumar, on Tuesday, presented his Letter of Credence to Russian President Vladimir Putin at the Alexander Hall of the Grand Kremlin Palace.