The RBI's move comes as part of its ongoing efforts to ensure that borrowers are treated fairly and to address customer grievances arising from divergent practices in the imposition of penal charges.
Bangalore (Karnataka) [India], August 17: My Finance Wellness - SIRI Micro Care today launched their loan product to help micro entrepreneurs in Chitradurga, Karnataka as part of their business expansion. Speaking on the occasion, the company Chief Executive Officer, Madhu Kiran emphasized t
New Delhi [India], August 14: In the modern era of e-lending, credit score plays an ever-increasing role in your financial profile. The reason for this is that it is indicative of your creditworthiness since it is based on your personal experience with all types of credit.
Chennai (Tamil Nadu) [India], August 11: In the realm of financial lending, credit scores wield significant influence over loan approvals. Highlighting the creditworthiness of individuals, these scores are pivotal in determining access to financial resources. As part of its commitment to fos
Jaipur (Rajasthan) [India], August 11: On the occasion of World Elephant Day, World Animal Protection has urged the Chief Minister of Rajasthan to end elephant rides and retire the elephants to a wildlife friendly sanctuary. More than 500 individuals participated in a rally to highlight the
Bangalore (Karnataka) [India], August 4: One of India’s leading MSME lending institutions, Vistaar Financial Services Private Limited (Vistaar Finance), has secured a commitment for a loan up to U.S. $50mn from the U.S. government’s development finance institution, U.S. International Develop
Pune (Maharashtra) [India], August 2: Bajaj Markets, a subsidiary of Bajaj Finserv, offers borrowers a chance to compare business loan interest rates of multiple lending partners. This helps entrepreneurs and business owners get the best deal to expand and grow their businesses.
Mumbai (Maharashtra) [India], July 29: LenDenClub, the country's leading Peer-to-Peer (P2P) lending platform, today released its highly anticipated 2022-23 report, shedding light on the borrowing and lending behavior of its consumers. The report, based on an analysis of annual data of the la
Bengaluru (Karnataka) [India], July 27: SatSure, a global leader in EO space data applications, is pleased to announce its partnership with Rabo Partnerships. This strategic collaboration aims to drive the access to cash-flow based lending for smallholder farmers globally. By leveraging SatS
Pune (Maharashtra) [India], July 26: Bajaj Markets, a subsidiary of Bajaj Finserv, has partnered with Privo to offer personal loans of up to Rs. 5 Lakhs at affordable interest rates starting at as low as 9.99%. One can get funds without collateral requirements and can apply for this offering
Johannesburg [South Africa]/ Noida (Uttar Pradesh) [India], July 26: PureSoftware, a leading global software products and digital services company, is proud to announce that it has been honored with the esteemed "Excellence in Digital Banking" award at the prestigious Finnovex Southern Afric
Pune (Maharashtra) [India], July 24: The Reserve Bank of India (RBI) has been periodically revising its repo rates by going on a ‘rate-hike’ spree, which began in May 2022. This has, in turn, resulted in an uptick in lending rates and Fixed Deposit (FD) interest offerings.