Browsing Tag
Loans
Fintechs may shift to secure products after RBI order on consumer loans
Fintech companies believe that the impact of Reserve Bank of India's order last week on unsecured loans will be visible in six to 12 months and prompt them to diversify and strengthen their secured portfolio.
Fintechs which source funds…
RBI Restricts Bajaj Finance From Sanctioning, Disbursal Of Loans Under Two Schemes – News18
RBI has directed Bajaj Finance to stop sanction, disbursal of loans under its two lending products, 'eCOM' and 'Insta EMI Card', with immediate effect.RBI says these supervisory restrictions on Bajaj Finance will be reviewed upon the…
This therapist can’t afford her dream job — and gave it up so she could pay rent | CBC News
Musician Kelsey Arsenault thought bridging music and health care in music therapy was the perfect occupation. Until she couldn't pay her bills. (Malone Mullin/CBC)This is Part 2 of The Grind, a new series from CBC Newfoundland and Labrador …
UK rips up state guarantees on nearly 1 billion pounds of COVID loans
The UK government has scrapped guarantees on nearly 1 billion pounds ($1.2 billion) of bank loans handed out to ailing businesses during the COVID-19 pandemic, leaving lenders on the hook for some of the borrowings that will not be…
Bank of Canada governor won’t say when interest rates will drop, but insists it won’t…
The Current18:56Why Tiff Macklem won’t rule out more rate hikesBank of Canada Governor Tiff Macklem says he knows aggressive rate hikes have caused financial hardship for many Canadians, but he can't say when those rates will come down…
China President Xi says BRI loans ‘neither windfall nor alms-giving’; salutes recipient…
BEIJING: In an apparent rebuttal to criticism that its mega projects turned out to be debt traps for smaller nations, Chinese President Xi Jinping on Tuesday saluted the countries signed up for its flagship project Belt and Road Initiative…
Flood-hit farmers may seek large loans
Floods and incessant rain in July not only damaged the infrastructure of the state but also affected the quality and quantity of crops such as apple, plum, pear, tomato, cauliflower, beans, capsicum, chilli, cabbage, eggplant,…
HDFC Bank Partners With Dvara KGFS for Co-Lending Loans to Micro Enterprises – News18
Last Updated: July 26, 2023, 15:25 ISTDvara KGFS, a Chennai-based NBFC, has entered into a co-lending partnership with HDFC Bank to provide capital to micro business units operating primarily in the unorganised sector.The tie-up aligns with…