Life Insurance Company of India or LIC announced to launch LIC Index Plus, a new unit liked insurance product. As per a new BSE notification by LIC on Monday, LIC Index Plus was made available for purchase from yesterday, February 6, 2024. A ....
Read MoreThe Ministry of Finance has released Rs 66, 745 crore as loans for 28 states under their Scheme for ‘Special Assistance to States for Capital Investment’. Pankaj Chaudhary, the Minister of State for Finance, has said in a written reply to....
Read MoreIndia’s mutual fund completed 50 years in 2013. It still had hardly any retail presence. As of March 2013, mutual fund had Rs 7 trillion in AUM (Asset Under Management), of which, about Rs 5 trillion was disbursed in institution-centric debt f....
Read MoreKolkata, February 2, 2024: In India, private and public sector banks provide business loans to eligible borrowers. These institutions charge interest rate on the loaned amount as soon as EMI (Equated Monthly Installments) starts. Businesses with....
Read MoreFebruary 2, 2024, Kolkata: As expected, RBI’s Monetary Policy Committee (MPC) has maintained the status quo in the repo rate (6.5%). The revelation came in December, 2023. In India, the home loan rates are almost constant, throwing a big chall....
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