Foreign Secretary Vikram Misri on Tuesday stated that India has been lending a "helping hand" to the Maldives to stabilise its "stressful financial" situation, highlighting New Delhi's role in bolstering the island nation's foreign exchange reserves through significant financial assistanc
Gurgaon (Haryana) [India], July 22: As higher education costs continue to rise, education loans have become a vital financial resource for students across India. To ensure responsible lending, banks and financial institutions conduct comprehensive background checks before approving education
The positive macroeconomic indicators of Indian economy, such as income tax cuts, easing lending rates, and above-normal rainfall, have not yet translated into a revival in vehicle demand in the country, according to a report by Incred Equities.
Mumbai (Maharashtra) [India], July 17: BillMart Fintech Pvt. Ltd. (www.billmart.com), a rapidly growing digital lending platform, has disbursed over ₹2,500 crore across more than 24,000 transactions. Notably, over 40% of these disbursements have supported SMEs and MSMEs. With a robust
Mumbai (Maharashtra) [India], July 15: The vibrant foyer of Oberoi Mall buzzed with energy and anticipation as it hosted the much-anticipated launch of "Manifest Your Dreams - With a Pen," authored by the esteemed graphologist and motivational speaker, Nitika Didwania. The event was graced b
New Delhi [India], July 11: Choosing the right business loan is a crucial financial decision for any enterprise. Whether you are a startup or an established firm, aligning the loan structure with your financial goals and operational needs can significantly influence your business growth. Wit
New Delhi [India], July 10: ET Money, India's leading long-term investments platform and part of the 360 ONE WAM group, has announced its entry into secured lending with the launch of Loans Against Mutual Funds (LAMF). The offering will be accessible through ET Money's Android and iOS apps,
Union Finance Minister Nirmala Sitharaman emphasized that the loan recovery practices of Non-Banking Financial Companies (NBFCs) must be fair, respectful, and empathetic, and must strictly align with the Reserve Bank of India's (RBI) Fair Practices Code.
In a major relief for borrowers, the Reserve Bank of India (RBI) has announced that banks and other regulated lenders will no longer be allowed to impose pre-payment charges on loans taken by individuals for purposes other than business.
The weighted average lending rate (WALR) on fresh rupee loans of scheduled commercial banks (SCBs) declined to 9.20 per cent in May 2025, from 9.26 per cent in April, Reserve Bank of India (RBI) data showed.
New Delhi [India], July 2: Biz2X, a global SaaS lending platform and subsidiary of Biz2Credit, has announced the onboarding of KreditVenture, a fast-growing new age NBFC in India to offer its AI-powered digital lending platform. With this development, Biz2X will equip the NBFC with an end-to