Search For "term loans"
60% Gig Workers Lack Credit Access as Per American Journal--India Responds
Updated : 2 months, 2 weeks ago IST
New Delhi [India], February 20: Gig work is increasing--think ride-share drivers, freelancers, and delivery folks powering the Indian economy. But a paper in the American Journal of Humanities and Social Sciences Research paints a tough picture: 60% of gig workers struggle to get formal cred
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From Medical Bills to Daily Essentials: How LoanPey is Addressing India's
Updated : 1 year ago IST
New Delhi [India], May 26: In a rapidly evolving financial landscape where the demand for accessible and immediate credit solutions is surging, Loanpey, a digital lending platform registered under the NBFC Goodskill Securities and Services Ltd, is making significant strides in fulfilling
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Goa CM Sawant introduces new programs to develop state into entrepreneur h
Updated : 1 year, 2 months ago IST
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
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Kisan Credit Card interest subvention scheme limit to be raised to Rs 5 la
Updated : 1 year, 3 months ago IST
She said, "Kisaan Credit cards facilitate short-term loans for 7.7 crore farmers, fisherman and dairy farmers. The loan limit under the modified Interest subvention schemes will be enhanced from Rs 3 lakh to Rs 5 lakh for loans taken through KCC."
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NewMalayalam Receives Credit Upgrade from Care Ratings
Updated : 1 year, 4 months ago IST
Mumbai (Maharashtra) [India], January 7: NewMalayalam Steel Limited (NSE: NMSTEEL), specializes in galvanized pipes, tubes, sheets has received recent credit ratings upgrade from CARE Ratings Limited. The credit ratings cover total facilities amounting to Rs81.29 Cr and include term loans, c
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Union Budget 2024-25: Sitharaman proposes Rs 100 crore credit guarantee sc
Updated : 1 year, 10 months ago IST
The fund will facilitate term loans to MSMEs for purchase of machinery and equipment without collateral or third-party guarantees, Sitharaman said.
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Preparing Your Finances for Life's Unexpected Events with Short-Term Loans
Updated : 1 year, 10 months ago IST
New Delhi [India], July 19: Life is like a ride on a roller coaster that can make you lose all your money. Sometimes bad things happen, like getting sick, the car stopping work, or losing your job suddenly. When these things happen, we need money fast. That's when instant personal loans help
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BetterPlace forays into Financial Services, launches BetterPlace Money to
Updated : 3 years ago IST
Bengaluru (Karnataka) [India], May 23 (ANI/NewsVoir): With less than 20 per cent of the labor force in India and South East Asia having access to formal credit, BetterPlace, Asia's largest frontline workforce management SaaS platform, has announced its foray into the financial services secto
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Policy rate hike may affect EMIs of loans
Updated : 3 years, 5 months ago IST
Bank linked their lending rates with repo rates on various term loans and this change in the repo rate will have an impact on the equated monthly instalment (EMIs) of citizens.
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Interest subvention on Kisan Credit Card loans for 2022-23, 2023-24 approv
Updated : 3 years, 6 months ago IST
The interest rate for short-term loans up to Rs 300,000 through Kisan Credit cards (KCC) for farmers will be seven per cent and interest subvention will be 1.5 per cent for the current financial year 2022-23 and the next 2023-24, RBI said in a statement on Wednesday.
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Power ministry takes steps for operationalising imported coal-based plants
Updated : 4 years ago IST
New Delhi [India], May 11 (ANI): Union Power Ministry has directed Power Finance Corporation (PFC) and Rural Electrification Corporation (REC Ltd) to take necessary action to arrange short term loans for a period of six months with adequate safeguards for imported coal-based plants (ICB) whi
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Poonawalla Fincorp Signs MoU With Institute of Company Secretaries of Indi
Updated : 4 years, 9 months ago IST
Pune (Maharashtra) [India], August 25 (ANI/BusinessWire India): Poonawalla Fincorp Limited (Formerly Magma Fincorp Limited), has signed an MoU with Institute of Company Secretaries of India (ICSI) to provide collateral-free term loans to ICSI members as well as its employees. The scheme wil
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