Kerala police have registered about 10 FIRs in different police stations in the state after a bank in Kuwait complained that Indian nationals mostly nurses defrauded the bank after taking loans.
In a much bigger relief to small and marginal farmers the Reserve Bank of India (RBI) on Friday has hiked the limit for collateral-free loans for agricultural farmers from Rs 1.66 lakh to Rs 2 lakh per borrower.
New Delhi [India], December 5: VCANMakeIt proudly introduces DreamRupee, a cutting-edge digital lending platform designed to revolutionize access to personal and business loans. Built to foster financial inclusion, DreamRupee ensures that affordable and transparent loan options are available
Congress MP Vijay Vasanth on Wednesday gave adjournment motion notice in Lok Sabha to discuss "refusal by several banks to issue agricultural loans to their customers in urban areas."
Hyderabad (Telangana) [India], December 3: Pennant Technologies, an agile and innovative financial technology company, today announced the successful implementation of Pennant's future-ready Lending Platform, pennApps Lending Factory (PLF), at HDFC Bank, India's leading private sector bank
New Delhi [India], December 2: Repaying an Education Loan requires careful planning to avoid financial stress later on. Many students today take out loans to fund their higher studies, both in India and abroad, thanks to attractive interest rates and easy application processes. However, mana
Union Minister of Finance and Corporate Affairs Nirmala Sitharaman on Friday chaired Credit outreach programme, in Darbhanga, Bihar. During the credit outreach programme, loans for Rs. 1,388 crore were given to 49,137 beneficiaries by various banks.
The growth of non-banking financial companies (NBFCs) in India is expected to remain under pressure in the financial year 2025 due to a slowdown in loan disbursements and regulatory challenges, according to a report by Nomura.
Mumbai (Maharashtra) [India], November 26: Mumbai-based NHC Foods Limited, a leading exporter of agricultural commodities and spices, announced its Rs. 47.42 crore Rights Issue. Proceeds from the Rights Issue will be used to enhance working capital and repay secured working capital loans, th
Nepal's PM KP Sharma Oli announced inviting Elon Musk to visit Nepal while preparing for a December 2 China trip. His advocacy for loan-based BRI projects drew opposition from coalition partner Nepali Congress, which stressed focusing on grant implementation instead.
Expressing displeasure at the Central Government over the alleged drastic cut in loans from the National Bank for Agriculture and Rural Development (NABARD) to Karnataka, Chief Minister Siddaramaiah said "If this was not an injustice being done to the farmers."