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lending
RBI cancels registration certificates of 2 NBFCs for irregular lending practices
Hyderabad-based Star Finserv India was offering the service under 'Progcap' (owned and operated by Desiderata Impact Ventures Private Limited).
08 July 2024, 15:38 IST
RBI cancels registration certificates of 2 NBFCs for irregular lending practices
08 July 2024, 15:38 IST
Lending is challenging, recovery is tricky
The police's act of filing FIRs against high-ranking officials of a bank and financial institution in recovery matters warrants discussion.
01 September 2023, 04:37 IST
Lending is challenging, recovery is tricky
01 September 2023, 04:37 IST
SBI hikes lending rate by 5 basis points
With the increase, EMIs will go up for those borrowers who have availed loans on MCLR, not for those, whose loans are linked to other benchmarks.
14 July 2023, 16:53 IST
SBI hikes lending rate by 5 basis points
14 July 2023, 16:53 IST
Union govt’s capex loans are fiscal traps for states
By providing interest-free capex loans to nudge the states to undertake desired expenditures, the Union government is short-changing the states
25 April 2023, 08:49 IST
Union govt’s capex loans are fiscal traps for states
25 April 2023, 08:49 IST
Many small restaurateurs at mercy of informal lenders
The maximum interest licensed financiers can charge is 16% per annum but informal lenders in Bengaluru routinely flout the law
08 November 2022, 21:21 IST
Many small restaurateurs at mercy of informal lenders
08 November 2022, 21:21 IST
Strict digital lending rules to see pushback from firms
The new rules have already hit prepaid card offerings of Tiger Global-backed Slice and Accel-backed startup Uni
26 August 2022, 10:58 IST
Strict digital lending rules to see pushback from firms
26 August 2022, 10:58 IST
Why India is no fan of 'Buy Now, Pay Later'
India isn’t the only country alarmed by the proliferation of buy now, pay later. The UK government is also tightening its rules
28 June 2022, 02:32 IST
Why India is no fan of 'Buy Now, Pay Later'
28 June 2022, 02:32 IST
Paytm lending biz at annualised run-rate of Rs 20K cr
Paytm recorded over 100% growth in total merchant payments volume or GMV, aggregating to Rs 0.95 lakh crore
15 May 2022, 14:44 IST
Paytm lending biz at annualised run-rate of Rs 20K cr
15 May 2022, 14:44 IST
HDFC hikes lending rate by 30 bps; loans to be dearer
The move comes just days after several lenders, including ICICI Bank, Bank of Baroda and Bank of India, raised interest rates
07 May 2022, 08:56 IST
HDFC hikes lending rate by 30 bps; loans to be dearer
07 May 2022, 08:56 IST
RBI asks microfinance lenders to cap loan prices
A microfinance loan is defined as a collateral-free loan given to a household having an annual income of up to Rs 3 lakh
14 March 2022, 11:29 IST
RBI asks microfinance lenders to cap loan prices
14 March 2022, 11:29 IST
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