Pune (Maharashtra) [India], September 11: As the festive season approaches, the excitement of new beginnings and lavish celebrations fills the air. For many, this is the perfect time to fulfil a long-held dream--buying a new car. Bajaj Finance has redefined financing for new car purchases wi
The penetration of personal loans has seen growth, with increases of 24 per cent in Bihar, 21 per cent in Tamil Nadu, and 20 per cent in Uttar Pradesh in FY'24 compared to the previous year.
New Delhi [India], September 10: Max Life Insurance Company Ltd. ("Max Life" / "Company") announces a strategic bancassurance partnership with CSB Bank ("CSB"), a premier private sector bank in India. Through this partnership, Max Life and CSB Bank are offering a range of savings, protection
New Delhi [India], September 9: SPP Polymer Limited, a leading manufacturing company since over two decades, promoted by Dipak Goyal, Mahavir Bahety & Liladhar Mundhara is planning to raise up to Rs. 24.49 crore from its SME public issue. The company has received approval to launch its p
Mumbai (Maharashtra) [India], September 9: Star Housing Finance Limited (Star HFL), a retail-focused housing finance company specialising in low-ticket loans, has crossed Rs. 500 Crs AUM. The company primarily operates in tier II and tier III towns and semi-urban areas and has served more th
Education loans, primarily those to fund courses overseas, will continue to be among the fastest-growing segments for non-banking financial companies (NBFCs) because of rising demand for higher education, said Crisil Ratings.
Amid a declining property market in China, regional banks are offloading non-performing real estate loans despite government pressure to support the housing sector. As of June 2024, non-performing industrial loans at local banks surged, prompting significant asset sales to manage bad debts.
New Delhi [India], September 7: Bajaj Housing Finance Limited (BHFL), a significant player in India's housing finance sector, is gearing up for its Initial Public Offering (IPO). This strategic move aims to enhance its capital base and support expansion plans. The IPO will be managed in part
Mumbai (Maharashtra) [India], September 3: Fibe, India's leading fintech, has integrated onto the ONDC Network to extend credit services to the underserved parts of the country. It has become one of the first fintechs to be onboarded on the Open Network's financial services-credit category.
Pune (Maharashtra) [India], August 31: Bajaj Markets, a digital financial marketplace, enables customers to explore loans against property of up to Rs 15 Crores. With interest rates starting as low as 9.25 per cent per annum and flexible repayment tenure of up to 25 years, this loan is a rob
Chief Minister Sukhwinder Singh Sukhu on Friday informed that the Himachal Pradesh government has raised Rs 21,366 crore in loans in the past 20 months and repaid Rs 5,856 crore.
In a significant move aimed at improving access to higher education for economically weaker students in Chhattisgarh's Maoist-affected districts, Chief Minister Vishnu Deo Sai has announced the provision of interest-free loans for technical and vocational education.