Search For "loan"
NIMs of Indian banks to gradually improve led by re-pricing of term deposi
Updated : 3 months, 1 week ago IST
Indian banks are set for a "decisive profitability inflection point" as net interest margins (NIMs) begin to recover after several quarters of compression, according to a latest sector report by Nomura.
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Government's Credit Assessment Model to boost digital lending for MSMEs
Updated : 3 months, 1 week ago IST
CAM is designed to provide a uniform, efficient way to evaluate MSME creditworthiness using digital tools. By leveraging existing data in the digital ecosystem, such as payment history and business records, the system aims to reduce delays and human errors in loan processing.
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Pradhan Mantri Awas Yojana (PMAY): Everything You Need to Know Before Appl
Updated : 3 months, 1 week ago IST
New Delhi [India], December 2: Pradhan Mantri Awas Yojana (PMAY) is the Government of India's flagship housing subsidy scheme aimed at achieving the vision of "Housing for All." Launched in 2015, the scheme supports the construction or purchase of houses by offering interest subsidies on Hom
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How Digital Lending Platforms are Shaping India's Financial Landscape
Updated : 3 months, 1 week ago IST
New Delhi [India], December 2: The digital revolution in India is advancing quickly, and it is making a big impact on industries, especially the banking sector. One of the most exciting changes has been the rise of digital lending platforms. Recently, digital lending software has transformed
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Centre to move Central Excise (Amendment) Bill for consideration in Parlia
Updated : 3 months, 1 week ago IST
Following the introduction of GST in 2017, the Centre had decreased central excise duties on tobacco and tobacco products to allow for the levy of compensation cess in GST without large impact on tax incidence. This bill seeks to amend the central excise rates, as the cess will be discont
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Gujarat CM Bhupendra Patel to attend 187th State Level Bankers' Committee
Updated : 3 months, 2 weeks ago IST
Under the chairmanship of Chief Minister Bhupendra Patel, the 187th meeting of the State Level Bankers' Committee will be held on December 2 (Tuesday), at 10:15 am at Narmada Hall, Swarnim Sankul-1, Gandhinagar.
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RBI Ombudsman sees 13.34 Lakh complaints in FY25; Loans, Credit Cards domi
Updated : 3 months, 2 weeks ago IST
RBI highlighted an expanded digital complaint footprint, improved disposal efficiency, and increasing concerns around loans, credit cards and digital frauds.
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PF Withdrawal: Will Your Money Show Up When You Need It?
Updated : 3 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], December 1: For most salaried Indians, Provident Fund (PF) is that one pot of money that quietly grows in the background, meant to be there when life stops going according to plan or there is a crucial life event such as marriage, home loan or purchase. Yet the
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Credit momentum to continue in 2H, but growth likely to be capped by weak
Updated : 3 months, 2 weeks ago IST
With the strong festive demand and the GST cuts, the loan growth in the banking system has picked up pace in October and early November, according to a latest report by IIFL Capital.
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How Government Subsidies Affect Electric Bike Loan Eligibility
Updated : 3 months, 2 weeks ago IST
New Delhi [India], December 1: Government subsidies can change the cost math of buying an electric two-wheeler. This affects how lenders view loan applications, what borrowers can borrow, and the monthly instalment a buyer must pay. This article explains which central and state schemes matte
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Credit growth to rebound as IPO liquidity spent and working capital demand
Updated : 3 months, 2 weeks ago IST
The credit growth of the banks in the country which had slowed in recent quarters, is expected to pick up as companies begin to draw more funds for their day-to-day operations, highlighted a report by State Bank of India.
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India, ADB sign $800 million loan for projects, grant of $1 million; in 4
Updated : 3 months, 2 weeks ago IST
The Government of India and the Asian Development Bank (ADB) have signed agreements for three loans worth over USD 800 million for projects in Maharashtra, Madhya Pradesh and Gujarat.
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