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Microfinance sector shows signs of recovery; loan growth picked up in Q4FY
Updated : 1 year, 4 months ago IST
India's microfinance sector, which went through a tough phase in recent quarters, is now showing early signs of recovery, according to a report by Investec Equities.
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Piramal Finance and ICICI Bank Join Hands for Co-Lending Partnership
Updated : 1 year, 4 months ago IST
Mumbai (Maharashtra) [India], April 9: Piramal Finance Limited (formerly known as Piramal Capital & Housing Finance Ltd.), a leading Non-Banking Financial Company (NBFC), has partnered with ICICI Bank to improve credit accessibility for middle and low-income borrowers, especially in rura
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Delhi's power demand clock season's highest at 5462 MW
Updated : 1 year, 4 months ago IST
According to the State Load Dispatch Centre (SLDC), Yesterday, Delhi's peak power demand was 5029 MW. On their part, BSES discom's successfully met the peak power demand in their respective areas.
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Gujarat govt disburses Rs70,000 crore in loans in five years under PM Mudr
Updated : 1 year, 4 months ago IST
Between 2020-21 and 2024-25 financial years (up to November 2024), a total of Rs70,051 crore in loans has been disbursed under the Pradhan Mantri Mudra Yojana in Gujarat, said the State government in a press release.
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Mudra Yojana benefits women, youth; fosters entrepreneurship, says PM Modi
Updated : 1 year, 4 months ago IST
Around 52 crore loans have been disbursed under the scheme.
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How to Choose the Best Interest Rate Before Applying for a Loan
Updated : 1 year, 4 months ago IST
New Delhi [India], April 8: A personal loan allows you to borrow money without collateral, but the interest rate you choose can significantly affect your repayment amount. Selecting the right interest rate ensures that your loan remains affordable and manageable.
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Sanctioned 50 crore loans worth Rs 33 lakh crore: Department of Financial
Updated : 1 year, 4 months ago IST
From stitching units and tea stalls to salons, mechanic shops, and mobile repair businesses, crores of micro-entrepreneurs have stepped forward with confidence, enabled by a system that believed in their potential. PMMY has supported these journeys by offering institutional credit to non-
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Hassle-free Home Loan Solutions Available on Bajaj Markets
Updated : 1 year, 4 months ago IST
Pune (Maharashtra) [India], April 7: On Bajaj Markets, a digital financial marketplace, individuals can get home loans from reputable lenders, allowing potential homeowners to compare and choose the most suitable options. The easy-to-use interface simplifies document submission and verificat
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Delhi: Fraudster nabbed in multi-crore bank loan scam
Updated : 1 year, 4 months ago IST
The man, identified as Suresh Kumar (45), runs a cybercafe in Delhi's Nand Nagri area.
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"Tremendous uplift in Sri Lankan economy": Ircon Chairperson on India-back
Updated : 1 year, 4 months ago IST
India's assistance to Sri Lanka's railway development is expected to boost the country's economy significantly. The upgraded railway track from Maho to Omanthai, spanning 128 kilometers, will allow for faster travel times, increased load capacity and improved safety.
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PM Modi to inaugurate India's first vertical lift sea bridge in Tamil Nadu
Updated : 1 year, 4 months ago IST
The New Pamban Bridge was constructed by Rail Vikas Nigam Limited (RVNL), a Navratna PSU under the Ministry of Railways. RVNL has ensured the bridge met higher speed, load, and maritime requirements. This new bridge enhances connectivity while showcasing India's infrastructure capabilitie
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Why do Banks Reject Home Loan Applications Despite High Income?
Updated : 1 year, 4 months ago IST
New Delhi [India], April 5: A high income gives you access to all the good things in life. But does it guarantee a home loan? Not really! While you may assume that a big paycheck means you will have a smooth loan approval process, there is a chance of rejection. Shocking, right? The fact is
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