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Latest Articles in loans

Why Small-Ticket Loans Are Gaining Momentum In Today’s Scenario

As a liquidity crunch and adverse market conditions impact individuals, microloans are gaining popularity in tiding over their short-term needs.

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Banks Have Disbursed Rs 77,613.06 Cr Out Of Rs 1,27,582.60 Cr Sanctioned Under 100% ECLGS

As of 20 July 2020, the total amount sanctioned under the 100 per cent Emergency Credit Line Guarantee Scheme by PSBs and private banks stands at Rs 1,27,582.60 crore, of which Rs 77,613.06 crore has already been disbursed

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HDFC Bank advances up 21 pc at Rs 10 lakh crore by Q1-end

HDFC Bank advances up 21 pc at Rs 10 lakh crore by Q1-end

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Kanimozhi writes to Sitharaman to consider waving interest on loans taken by women SHGs for moratorium period

Kanimozhi writes to Sitharaman to consider waving interest on loans taken by women SHGs for moratorium period

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RBI Makes Massive Reduction In Repo Rate By 75 Basis Points & Forecasts Global Recession Amid Crisis

The RBI's Monetary Policy Committee (MPC) has voted in favour of an interest rate cut to the tune of 75 basis points. Repo rate is down to 4.4 per cent. Shaktikanta Das announced measures through which a total Rs 3,74,000 crore will be made available to the country's financial system.

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DHFL Bankruptcy: IRDAI Rules Out Troubles For Two Insurance Arms

As of September, DHFL Pramerica Life's solvency ratio stood at 388 per cent and that of DHFL General Insurance at 230 per cent.

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Zestmoney Forays Into Loans With Micredit Cash

ZestMoney powers EMI products, both online on mi.com, e-commerce marketplaces like Flipkart for Mi products, and in-store at Mi Home stores.

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SBI Lowers Rates On Non-Repo-Linked Loans By 10 BPS

"In view of the festival season and extending the benefits to customers across all segments, we have reduced our MCLR by 10 bps across all tenors," the bank said in a statement.

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Sebi For Tighter Norms For Full Disclosure On Loan Defaults With Rating Agencies

Officials said there have been occasions when some entities have sought to take the benefit of certain regulatory gaps.

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Cash Suvidha Disburses Loans Worth Rs 410 Cr In FY18-19

It has substantially disbursed around Rs 410 crore of loans in the financial year 2018-2019 and targets to disburse Rs 1000 crore loan amount by the end of March 2020.

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Adjusting To The New Paradigm In Finance

Compulsory implementation of loan component will make banks and borrowers experimenting and adjusting to the new paradigm in finance in FY 2019

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Banks Have Given Rs 6 Lakh Cr Mudra Loans To 12 Cr Beneficiaries: PM

Unlike the loan melas organised by previous governments, he said that the Pradhan Manrti Mudra Yojana (PMMY) has helped and encouraged people to tread the unconventional path, fulfil their dreams and generate jobs for others by setting up small businesses

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Blockbuster Initiatives

The attempt to increase farm incomes ... will enable farmers to service loans

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RBI Notifies Revised Framework To Deal With Bad Loans

The new guidelines have specified framework for early identification and reporting of stressed assets

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Government To Provide Rs 2000 crore Interest-Free Loans To Five IITs and One NIT

The institutions which will receive funding are IIT Bombay, IIT Delhi, IIT Madras, IIT Kharagpur, IIT Kanpur and NIT Suratkal

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