Pune (Maharashtra) [India], March 13: A low credit score is a common reason for the rejection of loan applications or unfavourable terms. A poor score indicates a higher level of risk for the lending bank or NBFC, making it more difficult for borrowers to secure the desired loan amounts, qui
The Maldives is grappling with a mounting debt crisis that threatens its economic sovereignty, as foreign exchange reserves dwindle to precarious levels while substantial debt repayments loom.
Mumbai (Maharashtra) [India], March 6: Syndicate Finance, a forward-thinking financial innovator, is transforming the landscape of business financing by introducing flexible, strategic, and growth-driven lending solutions. Designed specifically for small businesses, MSMEs, and aspiring entre
In a bid to enhance the availability of credit for Micro, Small, and Medium Enterprises (MSMEs), the World Bank in a report stated that the government should remove the interest cap on NBFCs to ease the lending restriction.
Mumbai (Maharashtra) [India], March 1: BillMart Fintech Pvt. Ltd. (https://www.billmart.com/), India's leading and new age digital lending platform specializing in bill discounting, trade finance and supply chain solutions, has signed a strategic MoU with the Clothing Manufacturers Associati
National Bank for Agriculture and Rural Development (NABARD) is India's apex development bank, established in 1982, to promote sustainable and equitable agriculture and rural development.
Lucknow (Uttar Pradesh) / Chandigarh / Mumbai (Maharashtra) [India], February 25: InvesTek, a leading FinTech firm that specializes in AI-driven Wealth Management, Investment Banking, Insurance, Private Equity, and Lending, has officially expanded its operations with the launch of two new br
NIMs at the six largest private and state-owned banks have been under stress as deposit rates caught up with lending rates over the past few quarters. However, strong credit demand has helped these banks maintain growth.
New Delhi [India], February 21: Digital lending has made home loan apps easier and potentially more time-saving. Today, financial institutions and banks usually handle the critical personal and financial data of the applicant through a home loan app. However, this raises data privacy concern
Bengaluru (Karnataka) [India], February 19: SwiffyLabs, a leading full stack financial technology platform, today announced the promotion of Babu NS to Chief Product & Business Officer. This strategic appointment strengthens the company's leadership as it continues to transform digital b
Sanjay Malhotra, Governor, of the Reserve Bank of India (RBI) on Thursday asked Non-Banking Financial Companies (NBFCs) across all layers to become part of the Unified Lending Interface (ULI) being put in place by the Reserve Bank.
Mumbai (Maharashtra) [India], February 5: FinBox, a leading credit infrastructure and risk intelligence platform has announced the launch of its Partnership Lending Stack 2.0 (PL Stack 2.0) at the Bharat Fintech Summit, 2025. This comprehensive vendor journey solution for lenders will enabl