According to analysts, the Indian Government’s bond infusion in both the Bloomberg and JPMorgan emerging market indices is likely to attract annual foreign capital worth $40-50 billion. Foreign investors’ holding in government securities cur....
Read MoreAs per reliable sources, the NBFC (Non-Banking Finance Companies) has completely barred cash disbursements over Rs 20, 000 in gold loans. According to the sources close to the development, the NBFC, IIFL Finance has lodged a file of complianc....
Read MoreThe Reserve Bank of India ordered IIFL Finance to stop approving fresh gold loans immediately after revelations were made about the company’s conspicuous deviations in assaying and certification of purity and net weight of the gold while sanct....
Read MoreAccording to reliable sources, the finance minister is considering adjournment of Rule 43B (h) enforcement under the Income Tax Act, which mandates payment disbursement to micro, small, and medium enterprises (MSMs) within 45 days. Sources co....
Read MoreThe first thing potential borrowers check before taking out a home loan is the rate of interest. Usually, the rate is pegged at 9-11 percent. However, it is not a static figure and varies from one Institution to another, depending on the borrowe....
Read MoreStock market has already registered 1% growth this year. As per a poll by Reuters, analysts don't expect any correction in the near future, at least in upcoming three months. India's stock market is likely to reach to new peaks by the end of ....
Read MoreIntroduction: Green Loans What Are Green Loans? Green loans involve special money offerings that assist homeowners to advance their properties with eco-saving and efficient energy-related upgrades. With the escalation in the price of electricit....
Read MoreIntroduction: The importance of AI in the current loan approval process The loan approval systems have evolved swiftly because banks and other financial institutions have ceased using the traditional methods of paper-based evaluation to use AI-....
Read MoreThe year 2025 will be a milestone of green mobility in India. Banks and NBFCs have also come up with special green vehicle financing programs with the introduction of electric vehicles, hybrid cars, and solar-assisted charging becoming the norm.....
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Pioneering ease of access to Basic Banking & Financial Services in Rural India