Search For "lending"
RBI's digital lending norms to change operating model of NBFCs
Updated : 3 years, 7 months ago IST
New Delhi [India], August 20 (ANI): The digital lending norms announced by the Reserve Bank of India (RBI) on August 10, 2022, aim to usher in orderly growth and financial stability, check malpractices, strengthen transparency, and protect customer interests. They would, however, raise opera
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Why Blame China for lending money to the needy
Updated : 3 years, 7 months ago IST
London [UK], August 17 (ANI): Whether the World Bank (WB), International Monetary Fund (IMF), or the United States of America, (USA) like it or not, today China is the world's largest official creditor. Beijing is walking the distance where needed donning the mantle of the Modern-Day Good Sa
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Abhi Loans, pioneers in building quick credit solutions for retail custome
Updated : 3 years, 7 months ago IST
New Delhi [India], August 17 (ANI/SRV): KNAB Finance Advisors Private Limited, a regulated NBFC registered with RBI, has successfully raised $4.5 million in debt and equity for its digital lending platform -Abhi Loans. DMI Sparkle Fund led the funding round along with other prominent angel i
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Bank of Baroda hikes lending rates by 5 to 20 basis points
Updated : 3 years, 7 months ago IST
New Delhi [India], August 10 (ANI): Bank of Baroda on Wednesday hiked lending rates across various tenures by 5 to 20 basis points.
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RBI releases first set of norms for digital lending
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 10 (ANI): The Reserve Bank of India (RBI) on Wednesday released the first set of norms to regulate digital lending to crack down on the growing number of online frauds and unlawful activities.
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QualityKiosk wins Digital Customer Experience Provider of the Year Award a
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 10 (ANI/PNN): QualityKiosk Technologies, a leading global QA automation and digital performance engineering specialist, has participated in the 11th Edition of Elets NBFC100 Summit held in Chennai on June 17th 2022.
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Plena Finance is now live on Play Store and App store
Updated : 3 years, 7 months ago IST
New Delhi [India], August 10 (ANI/Digpu): Plena finance is a holistic and interoperable mobile application made to fit into the interest of this generation. With a user-friendly interface and huge functionality, Plena gives the user the privilege of leveraging Web 3.0 services which includes
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Bangladesh Finance Minister warns developing nations of Chinese loans stra
Updated : 3 years, 7 months ago IST
Dhaka [Bangladesh], August 10 (ANI): Warning developing countries of taking Chinese loans through its Belt and Road Initiative (BRI), Bangladesh's finance minister Mustafa Kamal said that the nations must think twice about these loans as Beijing's poor lending decisions risk pushing these na
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HDFC hikes lending rate by 25 bps, home loans to get costlier
Updated : 3 years, 7 months ago IST
New Delhi [India] August 9 (ANI): Housing finance company HDFC has increased its retail prime lending rate on housing loans by 25 basis points, it said in a regulatory filing to the exchanges late on Monday night.
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RBI hikes repo rate: How real estate developers reacted
Updated : 3 years, 7 months ago IST
New Delhi [India], August 8 (ANI/NewsVoir): Coming on the heels of a 50 BPS increase in the last MPC meeting, the hike in repo rate of 50 BPS by RBI last week raises the lending rate to 5.4 per cent and brings it at par with pre-pandemic levels. Even though it appears marginal, it has evoked
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Canara Bank hikes lending rate by 50 basis points
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 6 (ANI): Canara Bank has decided to hike its repo rate linked lending rate by 50 basis points or 0.50 per cent to 8.30 per cent with effect from August 7.
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Credgenics launches digital collections technology platform in Indonesia
Updated : 3 years, 7 months ago IST
New Delhi [India], August 3 (ANI/PRNewswire): Credgenics, the leading provider of loan collections and debt resolution SaaS-based technology solutions to banks, non-banking finance, and FinTech lenders worldwide, announced today its expansion into Indonesia as part of its next phase of gr
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