Search For "lender"
121 Finance becomes the 1st Lender on GeM Sahay 2.0 Built on OCEN Framewor
Updated : 1 year, 3 months ago IST
New Delhi [India], January 27: 121 Finance, an RBI-registered NBFC-Factor, partnered with GeM (Government-e-Marketplace), an initiative of the Ministry of Commerce and Industry, alongside Perfios and Tata Consultancy Services to bring live the new enhanced version of GeM Sahay.
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Pakistan’s New pension reforms aim to reduce PKR 45 trillion liabilities a
Updated : 1 year, 4 months ago IST
The Pakistan government has imposed a ban on receiving double pensions from the national treasury to meet the requirements set by multilateral lenders such as the International Monetary Fund (IMF) and World Bank.
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Avail Instant Loans Up to Rs. 5 Lakh with OneScore App
Updated : 1 year, 4 months ago IST
Pune (Maharashtra) [India], January 1: Many potential borrowers worry about their credit score when applying for an instant loan. This concern often arises because a lower credit score can impact the chances of loan approval or result in higher interest rates. A lower credit score may signal
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"BillMart Fintech" partners with "EQARO" to Boost Trade Finance with Credi
Updated : 1 year, 4 months ago IST
Mumbai (Maharashtra) [India], December 27: BillMart Fintech Pvt. Ltd., (https://www.billmart.com/) India's leading and new age digital lending platform in MSME Lending, Bill Discounting, Supply Chain Finance and Working Capital Solutions, has joined hands with Eqaro Guarantees. (EQARO), a tr
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LazyPay Introduces 'LazyPay EMI' to Boost Affordability for High-Value Pur
Updated : 1 year, 5 months ago IST
Mumbai (Maharashtra) [India], December 17: LazyPay, a leading digital financial services provider by PayU, has launched 'LazyPay EMI' in partnership with its partner lender, PayU Finance. This innovative solution is designed to make high-value online purchases more affordable and accessible
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World Bank cancels USD 500 million loan to Pakistan
Updated : 1 year, 5 months ago IST
The Washington-based lender has also announced that it will not provide any new budget support loans during the current fiscal year, which could affect the government's expectation of receiving USD 2 billion in fresh loans. A key reason for this decision is that Pakistan has largely exhauste
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A Comprehensive Guide to Understanding Gold Loan Gram Rate Calculation
Updated : 1 year, 5 months ago IST
Pune (Maharashtra) [India], December 11: When it comes to securing a gold loan, understanding how the gold loan per gram rate is determined is essential for borrowers. The gold loan gram rate plays a crucial role in determining the amount of money a borrower can access by pledging their gold
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Proposed Arbitration and Conciliation (Amendment) Bill, 2024: A Transforma
Updated : 1 year, 5 months ago IST
New Delhi [India], December 4: In today's fast-paced digital era, the banking and financial services industry requires the ability to resolve financial disputes swiftly, transparently, and cost-effectively. Disputes, particularly those involving debt collections and financial recoveries, imp
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FinBox launches Industry's first Account Aggregation based data platform
Updated : 1 year, 5 months ago IST
New Delhi [India], December 2: FinBox, One of India's leading credit infrastructure and risk intelligence companies - has recently announced the launch of an Account Aggregator based Customer Data Platform (CDP) This unified platform will enable banks and NBFCs to access extensive customer d
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RBI may act against more NBFCs to check obscure lending practices: Morgan
Updated : 1 year, 7 months ago IST
Reserve Bank of India's (RBI) Thursday action against four NBFCs and asking them to cease and desist from making new loan sanctions and disbursements, a report by Morgan Stanley suggests more lending companies might face similar scrutiny.
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IFC partners with Axis Bank to provide USD 500 mln climate loan
Updated : 1 year, 7 months ago IST
The International Finance Corporation (IFC), a member of the World Bank Group, is partnering with private lender Axis Bank, to provide a USD 500 million loan to help develop a blue finance market and scale up financing of green projects in India.
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Spend and loan growth of credit cards slowed as lenders are cautious on as
Updated : 1 year, 8 months ago IST
Growth in credit card spending across the system has dropped to about 13 per cent year-on-year (y-o-y) in August 2024, down from 19 per cent in July 2024. The Reserve Bank of India (RBI) credit card data for August 2024, has also highlighted a continued slowdown in both the number of cards i
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