The Reserve Bank of India (RBI) on Wednesday issued the final Reserve Bank of India (Project Finance) Directions, 2025 which lays down the comprehensive framework for income recognition, asset classification, and provisioning norms for project loans under implementation.
S&P Global Ratings anticipates that the new regulations in Gold-Backed Loans will necessitate business model adjustments for lenders, with nimble players likely to gain a competitive edge.
According to Fitch, large NBFIs with a proven track record are earning more trust from investors and lenders. This growing confidence is helping them stay ahead of smaller players in the sector.
Harang bridge at Bhangarpar on the Kalain-Silchar road in Assam collapsed on Tuesday night, causing two heavily loaded trucks to fall into the river below.
Pune (Maharashtra) [India], June 18: Quick offers on personal loan apps offer instant funds to borrowers for a range of needs, be it to finance a wedding or urgent repairs. The journey to securing favourable interest rates and comfortable loan terms often begins with a close look at the cred
New Delhi [India], June 17: In today's fast-evolving financial landscape, achieving big-ticket goals without draining savings is becoming a priority for many. Cashpey, a digital lending platform, is simplifying this journey by offering EMI-based personal loans that help consumers manage expe
Following the inauguration, Parvesh Verma mentioned that all the facilities are available in the Ayushman Arogya Mandir and 33 Arogya Mandirs have been inaugurated in Delhi on Tuesday.
Mumbai (Maharashtra) [India], June 17: HDFC Life, one of India's leading life insurers and Digamber Capfin Ltd. have come together with the aim of covering micro loans, thereby enhancing financial inclusion. This partnership would enable expanding access to life insurance across underserved
New Delhi [India], June 17: If you've ever tried promoting loan offers in the U.S., you already know how tricky it can be. High payout promises, confusing approval rules, slow payments--plenty of affiliate networks talk big but deliver small.
New Delhi [India], June 16: Efficient management of your home loan is the key to your long-term financial stability. While getting a loan is a major step towards owning a house, many borrowers overlook the impact of interest rates on their overall repayment burden. Lowering the home loan int
New Delhi [India], June 16: In the digital era of today, applying for an online loan no longer requires visiting a bank branch and filling out lengthy paperwork. Growing internet access and financial digitisation have made online personal loans a preferred mode to handle financial emergencie
Mumbai (Maharashtra) [India], June 16: Crompton Greaves Consumer Electricals Ltd., a trusted leader in India's pumps industry, has achieved a landmark milestone in its green energy journey by securing its largest-ever order in the solar water pump segment. The company has received a Letter o