Bengaluru (Karnataka) [India]/Singapore, April 8: Decentro, India's leading API banking and financial infrastructure platform, announced today that it is deepening its presence in Southeast Asia by launching its advanced business credit and underwriting solution. Powered by a partnership wit
Mumbai (Maharashtra) [India], April 5: CarePal Group, India's integrated healthcare financing ecosystem released the State of Cancer Fundraising Report 2024, shedding light on the critical role of medical crowdfunding, healthcare loans, and health insurance and protection benefits in bridgin
Mumbai (Maharashtra) [India], April 3: Public Sector Banks (PSBs) are rapidly embracing AI-powered digital solutions to revolutionize debt collections, driven by the urgent need to reduce Non-Performing Assets (NPAs) and enhance recovery outcomes. Leading this transformation is Spocto X-a Yu
The Reserve Bank of India (RBI) should include loans given to infrastructure projects--such as roads, ports, railways, airports, highways, and the energy sector--under priority sector lending (PSL) or exempt them from the calculation of Adjusted Net Bank Credit (ANBC) for PSL targets, sugges
The Reserve Bank of India's (RBI) revised guidelines for Priority Sector Lending (PSL) have helped ease credit constraints in the renewable energy sector, according to a report by the State Bank of India (SBI).
Mumbai (Maharashtra) [India], March 25: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in the country, announced the launch of the 'LTF Pearl Anniversary Challenge,' a hackathon focused on developing innovative models to enhance credit assessments for
The Reserve Bank of India (RBI) has made it clear that banks cannot impose excessive charges, particularly on smaller loan amounts under the priority sector lending (PSL) category.
New Delhi [India], March 24: In the age of digital lending, it's very important to keep your personal details safe. This not only protects you from falling prey to identity theft but also to instant personal loan scams, especially those involving micro-loans. Here is everything you need to k
New Delhi [India], March 21: The emergence of instant personal loans has provided immense relief to those needing immediate funds for managing emergencies, travel plans, and even education. As the demand for instant personal loans continues to persist in India, the industry has started seein
Mumbai (Maharashtra) [India], March 18: Piramal Capital & Housing Finance Limited (Piramal Finance), a leading Non-Banking Financial Company (NBFC), and Punjab & Sind Bank, one of India's premier public sector banks, have entered into a strategic co-lending partnership to enhance cre
Pune (Maharashtra) [India], March 17: Before approving a loan, lenders assess an applicant's creditworthiness, whether the loan is for purchasing a home, for personal use or for business needs. With the rising popularity of digital lending, getting a loan has become easier. A good credit sco