CollateralFree

The Department for Promotion of Industry and Internal Trade has notified the establishment of the Credit Guarantee Scheme for Start-ups, CGSS. It would provide collateral-free debt funding up to Rs 10 crore (Rs 100 million) for start-ups…

All micro loans must be collateral-free: RBI @RBI …

HDFC Bank, India’s largest private sector lender, has launched its Festive Treat 3.0 campaign with over 10,000 offers on personal loans, cards and EMIs. The bank has collaborated with over 10,000 merchants across more than 100 locations in…

In what comes as a major boost to Self-Help Groups (SHGs), the central government has decided to enhance collateral-free loans to them from ₹10 lakh to ₹20 lakh under the Deendayal Antyodaya Yojana - National Rural Livelihoods Mission…

Earlier, several public sector banks had made the announcement that they would be providing personal loans of up to Rs 5 lakh. This was introduced to help individuals keep up with the medical expenses for Covid-19-related treatment. This…