New Delhi [India], December 24 (ANI/PNN): Peer-to-peer deviates from the typical lending process in which borrowers request loans through conventional financial institutions. Individuals can borrow money from others using a P2P lender via an online marketplace. P2P lending is a relatively ne
Since 2010, IFC has invested over USD 1.7 billion in India's housing finance companies for on-lending to retail buyers and affordable and green housing developers.
Pune (Maharashtra) [India], December 23 (ANI/NewsVoir): With effect from December 22, 2022, Bajaj Finance, the lending division of Bajaj Finserv Limited, increased its fixed-rate (FD) rates by up to 25 basis points for terms of 12 to 24 months. The updated Bajaj Finance FD rates will apply t
New Delhi [India], December 15 (ANI/PRNewswire): RupeeRedee, a leading digital lending platform, has announced its association with Credgenics, a leading provider of SaaS-based debt collections technology, to deploy Artificial Intelligence (AI), Machine Learning (ML), and Data Analytics-base
Mumbai (Maharashtra) [India], December 7 (ANI/PNN): Star Housing Finance Limited (Star HFL) (Scrip code: BOM: 539017), a rural focused HFC, has received the members' consent for a bonus issue at its shareholder's meeting held on December 6, 2022. The shareholders have also approved the propo
Bank linked their lending rates with repo rates on various term loans and this change in the repo rate will have an impact on the equated monthly instalment (EMIs) of citizens.
Mumbai (Maharashtra) [India], December 6 (ANI/NewsVoir): Biz2X (a subsidiary of Biz2Credit in India) a leading Digital Lending SaaS platform that enables financial institutions to provide a customized online lending experience for their small and midsize business customers, recently hosted F
According to a statement from the IT giant, the platform would digitise the entire lending process --from application to disbursement-- to offer everyone, including new-to-bank customers, unparalleled convenience with faster turnaround of loan applications, greater transparency of loan statu
Mumbai (Maharashtra) [India], November 26 (ANI/NewsVoir): L&T Finance Holdings Limited, one of India's leading non-banking financial companies, today announced the conclusion of the sale of its mutual fund business to HSBC Asset Management (India) Private Limited.
Pune (Maharashtra) [India], November 25 (ANI/BusinessWire India): India's largest consumer lending app Fibe (previously EarlySalary) is pleased to announce the onboarding of Monica Mishra as the Head of Human Resources. Monica is Human Resources professional with 18 years of diverse experien
Economic growth in Sub-Saharan Africa is set to decelerate from 4.1 per cent in 2021 to 3.3 per cent in 2022, as a result of a slowdown in global growth, rising inflation exacerbated by the war in Ukraine, adverse weather conditions, a tightening in global financial conditions, and the risin