The households are choosing the capital markets over the banks to park or invest their savings, highlighted RBI Governor Shaktikant Das during his address at FE Modern BFSI (Banking, Financial Services, and Insurance) Summit 2024 on Friday.
The report identifies several key obstacles, such as the inadequacy of collateral, difficulties in verifying the creditworthiness of MSMEs, and the high transaction costs associated with providing small loans. These factors make lending to MSMEs less attractive for financial institutions.
Chief Minister Yogi Adityanath on Wednesday reviewed the preparations for the holy Kanwar Yatra, which begins on July 22, and provided necessary guidelines. The meeting was attended by ministers of water, power, urban development, and energy, along with the PWD minister and state ministers.
Pune (Maharashtra) [India], July 17: Bajaj Markets offers an easy and convenient way for individuals to monitor their credit health through a free CIBIL score check. This feature enables users to evaluate their credit status, stay informed about changes in their credit profile, and make well
Usha Vance, the wife of JD Vance, whom Donald Trump declared as his running mate in the upcoming US presidential elections on Monday, brings a wealth of credentials and a deep connection to Indian values and culture.
Gross domestic credit extended by banks operating in Abu Dhabi in the first four months of the year grew by 5 percent or AED 45.8 billion to AED 961.9 billion from AED915.9 billion at the end of last year, according to UAE banking indicators by emirate released by the Central Bank of the UAE
As per the officials, on the intervening night of July 13-14, acting on credible inputs, multiple ambushes were laid along the appreciated route of infiltration.
Pune (Maharashtra) [India], July 15: Bajaj Markets has streamlined the process of getting personal loans, providing individuals with funds for various needs. Whether for planned activities or unforeseen circumstances, personal loans available on Bajaj Markets can prove to be of help. They ca
Mumbai (Maharashtra) [India], July 15: In a bid to capture the larger pie of India's credit growth story, Mirae Asset Financial Services, arm of Mirae Asset Group has launched personal loans for salaried employees across selected cities.
Anuj Puri, Chairman of ANAROCK Group, has proposed the revival of the Credit-linked Subsidy Scheme (CLSS) under the Pradhan Mantri Awas Yojana (PMAY). This scheme, which expired in 2022, provided subsidies for Economically Weaker Sections (EWS) and Low-Income Groups (LIG) purchasing affor
Spanish tennis player Carlos Alcaraz won his second consecutive Wimbledon title after beating Novak Djokovic 6-2, 6-2, 7-6 (7-4) in the rematch of 2023 Wimbledon final at the centre court in London on Sunday. The Spaniard became only the sixth man to win the French Open and Wimbledon back-to
Vizhinjam seaport is very close to the famous Kovalam beach. It has water connectivity to many regional and international ports. This is the first transhipment port in the country. Till now India was dependent on Colombo, Dubai and Singapore ports for transhipment. Now Vizhinjam Internationa