Search For "lending"
Housing sales in metros decline 15 pc in April-June quarter
Updated : 1 day, 12 hours ago IST
New Delhi [India], June 30 (ANI): In a major fallout of increased property prices and lending rate hikes by the RBI and subsequently by several domestic banks, the top 7 cities in India saw a 15 per cent moderation in housing sales during the second quarter of the current calendar year 2022
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China-linked financial frauds and money laundering in India
Updated : 3 days, 12 hours ago IST
Beijing [China], June 28 (ANI): India has recently witnessed a wave of financial frauds through instant microloan lending applications and crypto-currency transactions. The use of proxies to dupe Indian nationals and money laundering is rampant. According to the investigation agencies, Chine
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RBI imposes monetary penalty on Indian Overseas Bank
Updated : 1 week ago IST
Mumbai (Maharashtra) [India], June 24 (ANI): The Reserve Bank of India (RBI) said on Friday it has imposed a monetary penalty of Rs 57.50 lakh on Indian Overseas Bank for non-compliance with certain directions of the central bank.
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Credgenics wins the #1 Best Selling Loan Collections Platform position in
Updated : 1 week, 2 days ago IST
New Delhi [India], June 22 (ANI/PRNewswire): Credgenics, the leading provider of loan collections and debt resolution SaaS-based technology solutions to banks, non-banking finance companies and FinTech lenders worldwide, today announced that the platform is ranked #1 leader in India in Retai
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Bajaj Finance Limited partners with Worldline India for merchant payment s
Updated : 1 week, 3 days ago IST
Mumbai (Maharashtra) [India], June 21 (ANI/NewsVoir): Bajaj Finance Limited (BFL), the lending arm of Bajaj Finserv Limited and India's largest and highly diversified NBFC company, has partnered with Worldline, a global leader in payment services, to develop point-of-sales (POS) payments acq
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LIC Housing Finance raises lending rates by 60 basis points
Updated : 1 week, 4 days ago IST
Mumbai (Maharashtra) [India], June 20 (ANI): LIC Housing Finance Ltd, a leading housing finance company in India, on Monday announced an increase in lending rate by 60 basis points or 0.60 per cent which will lead to a jump in EMIs of the company's customers.
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Vistaar Finance gets a rating upgrade to 'A' with stable outlook from ICRA
Updated : 1 week, 4 days ago IST
Bengaluru (Karnataka) [India] June 20 (ANI/BusinessWire India): Vistaar Finance, an NBFC lending to MSMEs in India, has received an upgrade in its credit rating as per ICRA rating rationale dated [June 17, 2022]. The long-term credit rating of the Company has been upgraded from [ICRA] A- (St
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DBS Bank India acquires 9.9 per cent stake in Svakarma Finance
Updated : 1 week, 4 days ago IST
Mumbai (Maharashtra) [India], June 20 (ANI/PRNewswire): DBS Bank India Limited today announced that it has acquired a 9.9 per cent stake in Svakarma Finance, a non-banking finance company, for delivering relevant financial solutions to micro enterprises through a combination of direct lendin
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Pre-approved personal loan: Quick guide on how to avail pre-approved offer
Updated : 2 weeks ago IST
Pune (Maharashtra) [India] June 17 (ANI/NewsVoir): Bajaj Finserv, through its lending arm Bajaj Finance Limited is offering pre-approved loans to their existing customers to access personal financing in an expedited manner. With this, customers now enjoy a better experience when it comes to
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China's loans to Africa will plunge world into next economic crisis, warns
Updated : 2 weeks, 1 day ago IST
Beijing [China], June 16 (ANI): Pointing at the serious danger posed by China's lending spree in poorer countries, particularly Africa, German Chancellor Olaf Scholz warned that this could plunge the world into the next financial crisis.
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pennApps lending factory on Microsoft Azure marketplace to help financial
Updated : 2 weeks, 1 day ago IST
Hyderabad (Telangana) [India], June 16 (ANI/BusinessWire India): Pennant Technologies, a leading FinTech company delivering solutions designed to be future-ready to the global banking and financial services industry, today announced the availability of pennApps Lending Factory, an end-to-end
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HDFC Bank hikes lending rates by 0.35 per cent; EMIs to go up
Updated : 3 weeks, 3 days ago IST
Mumbai (Maharashtra) [India], June 7 (ANI): India's largest private sector lender HDFC Bank has increased its marginal cost of funds-based lending rates (MCLR) by 0.35 per cent or 35 basis points across all tenures, effective from June 7.
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