Jio Financial Services Limited (JFSL) has transitioned its JioFinance app into an Al-powered intelligent marketplace designed to offer personalized financial services to users.
Addressing a press conference, post customary post-Budget meeting with Central Board of Directors of the RBI, the Finance Minister said, "I am glad that the RBI is coming up with guidance on why mis-selling is not going to be entertained. The message should go to the banks that you cannot
New Delhi [India], February 10: Joint home loans combine incomes and liabilities between primary applicants and co-applicants, typically spouses or close family members, to secure larger housing loan eligibility amounts. Co-applicants share repayment duties equally, doubling tax deductions u
Mumbai (Maharashtra) [India], February 6: The Secret Sauce, the long-form podcast hosted by Mukul Deora, Oscar-nominated filmmaker and entrepreneur, has released a new episode featuring Deepak Parekh, former Chairman of HDFC.
The National Real Estate Development Council (NAREDCO) has submitted a comprehensive set of recommendations to the Union Ministry of Finance aimed at revitalising the real estate sector and boosting homebuyer demand. A primary focus of the proposal is the significant enhancement of tax benef
India's banking and financial services sector is entering a phase of steady but selective growth, with lenders increasingly prioritising asset quality, profitability and risk calibration over aggressive expansion, according to discussions at Antique Stock Broking's 3rd Annual BFSI Confere
Public sector banks (PSBs) are steadily gaining market share from private sector lenders in key retail loan segments such as personal loans, home loans and auto loans, highlighted a report by JM Financial.
With the cut in repo rate, which will eventually lead to lowering down the lending rates by the banks and the Housing Finance Companies, it will make home loans more affordable, supporting homebuyers and strengthening the housing demand.
New Delhi [India], December 2: Pradhan Mantri Awas Yojana (PMAY) is the Government of India's flagship housing subsidy scheme aimed at achieving the vision of "Housing for All." Launched in 2015, the scheme supports the construction or purchase of houses by offering interest subsidies on Hom
The growth, it said, is supported by heightened demand for gold loans, auto loans, and a resurgence in personal loans and credit cards. PSU banks further consolidated their leadership across several major loan categories.
The recent Goods and Services Tax (GST) cuts have given a fillip to unit sales across vehicle categories, particularly cars, and this momentum is likely to continue with a steady growth of 16-17% over this fiscal and the next.
New Delhi [India], November 14: Ganesh Kumar, former AVP for Growth and Cross-Sell at Shriram Finance and a recognised digital growth leader in India's lending ecosystem, has announced the launch of finpe.app, a first-of-its-kind data-driven home loan savings platform. The platform is design