Mumbai (Maharashtra) [India], March 13: Personal loans have emerged as a popular choice for individuals seeking quick access to funds for a diverse range of reasons. Many financial institutions these days offer collateral-free personal loans, at competitive interest rates, making them easily
The scheme offers collateral-free loans of up to Rs 2 lakhs at a marginal interest rate of 6.75 per cent through 12 public sector banks. So far over 3.10 lakh loan applications have been received by banks and over 1.58 lakh sanctioned. Loans under the scheme are disbursed to over 1.28 lakh a
The collection efficiency trend for unsecured asset classes, such as microfinance loans, personal loans and unsecured SME loans, has seen weakening performance in the last few months, rating agency ICRA said on Thursday.
Pune (Maharashtra) [India], March 13: A low credit score is a common reason for the rejection of loan applications or unfavourable terms. A poor score indicates a higher level of risk for the lending bank or NBFC, making it more difficult for borrowers to secure the desired loan amounts, qui
Marking the occasion, he highlighted the success of the Chief Minister Rozgar Yojana (CMRY) scheme, stating, "Under the CMRY scheme, over 8,000 beneficiaries have received support worth Rs 300 crore, while MSME term loans have empowered over 13,000 businesses with Rs 4,100 crore across the s
He noted that the Governor underscored record-breaking agricultural output and farmer-centric initiatives that have strengthened Telangana's rural economy. Telangana has emerged as the highest paddy-producing state in India, harvesting over 260 lakh metric tonnes, a historic achievement attr
The individual housing loans outstanding as of September 30, 2024, stood at Rs 33.53 lakh crore, marking a 14 per cent growth compared to the same period in the previous year, according to the report launched by the National Housing Bank (NHB).
Pune (Maharashtra) [India], March 10: Bajaj Finance Ltd. (BFL), a leading diversified financial services company, has announced the launch of its highly anticipated Loan Fest, a campaign providing customers with a plethora of exciting rewards and exclusive offers on a wide range of loan prod
New Delhi [India], March 10: Dealing with loan repayment issues can be stressful, especially when facing bank pressure or potential legal consequences. Whether it's a business loan or a personal loan settlement, negotiating favorable terms requires expertise and a strong legal understanding.
Mumbai (Maharashtra) [India], March 7: Aditya Birla Housing Finance Limited ("ABHFL"), a wholly owned subsidiary of Aditya Birla Capital, India's leading diversified financial services company, has launched 'Khushi', a customised home loan offering for women borrowers to help them on their p