loans

January 08, 2023 06:30 PM IST

Nirmala Sitharaman distributes loans worth Rs 2,500 cr to street vendors, small scale entrepreneurs

The loans were given under schemes like Pradhan Mantri Svanidhi Yojana, Mudra Yojana and Pashupalak Kisan Credit Card.

State-run lenders plan cloud-based platform for fintech connect

The framework will enable state-run banks to access the broad network of fintech companies' resources, lowering their own costs associated with obtaining loans and making ad hoc investments in expensive platforms or technology.

HDFC Ltd assigns loans worth Rs 8,892 crore in Q3

The corporation had assigned loans amounting to Rs 7,468 crore in the corresponding quarter of the previous year, HDFC Ltd said in a regulatory filing.

Customers complain of erroneous entries in CIBIL report that impeded grant of loans

Some customers took to Twitter to complain about entries of unpaid dues on loans and credit cards which they did not apply for in their CIBIL report

Where to invest in 2023; Sandeep Tandon on top themes to bet on in the new year | Outlook 2023 | LIVE

The year 2023 is just a few days away, with the new year coming are you wondering where you should invest? Watch this live with Sandeep Tandon & Moneycontrol's Senior Consulting Editor, N.Mahalakshmi to get you a sense of what to expect next year and also quizzes him on how to turn 2023 into a profitable year.

Checklist for an education loan

Should you buy car now by taking loan or save for it and buy later?

Car is a depreciating asset and hence, it’s better to take as small a loan as possible.

HDFC Bank targets issuing one million credit cards a month

The bank wants to double the current pace of half a million new credit card issuances every month

Microfinance loans up 11% to Rs 71,916 crore in Q2 FY23: Report

Microfinance loans worth Rs 64,899 crore were disbursed during the same period a year ago. In terms of volume, a total of 1.81 crore loans were disbursed during Q2 FY2022-23, as against 1.85 crore loans in Q2 FY2021-22, as per the latest report by Microfinance Institutions Network (MFIN).

Fed policy: Not a pivot but just a shift in gear -- What is in it for investors?

Valuation should be the touchstone to pick stocks from export-oriented sectors for the long term; for the risk-averse, companies catering to domestic demand could be good picks

Decoded: Prepayment charges on home loans

What is a home loan overdraft facility?

IMF shareholders deeply divided on whether to suspend surcharges on some loans

Argentina, Pakistan and others are pushing the IMF to drop - or at least temporarily waive - the surcharges, which the IMF estimates will cost affected borrowers $4 billion on top of interest payments and fees from the start of the COVID-19 pandemic through the end of 2022.

Paytm's loan volume jumps 150% in October-November

The value of loans disbursed grew 374% YoY to Rs 6,292 crore, while the number of loans disbursed grew 150% to 6.8 million cumulative loans for the two months ended November 2022

Elon Musk says wise to avoid margin loans during macroeconomic risks

"When there are macroeconomic risks, it is generally wise to avoid using margin loans on any company, as stocks may move in ways that are decoupled from their long-term potential," Musk tweeted late on Thursday, without naming any companies.

With EMI burden rising, will Budget 2023 give more sops to home buyers?

Real estate experts say that tax deduction benefits to repay principal and interest amounts haven’t been raised in many years. Interest rate hikes and increased demand through the Covid pandemic should nudge the government to give sops to home-buyers, they add.

Walmart plans to offer BNPL loans through its fintech venture: Report

Walmart did not immediately respond to a Reuters request for comment.

Rating agencies say ban on short-term loan securitisations to crimp volume

The Reserve Bank on December 5 amended the master directions on securitisation of standard assets, barring securitisation of loans with residual maturity of under 365 days with immediate effect, other than for trade receivables.

RBI rate hike: Borrowers stare at higher EMIs, reduced eligibility; depositors stand to gain

Existing home loan borrowers may see EMIs rising as there is not much room for loan tenures to increase. On the other hand, they may gain from a likely rise in fixed deposit rates

Interest-free loans up to Rs 5 lakh for Mission Shakti SHGs in Odisha

Describing the move as "revolutionary, Patnaik on Tuesday said women can now set up small and medium enterprises (SMEs) or even launch big businesses.

How to check credit score over WhatsApp

Looking to buy your first house? Take a calculated view sans family or peer pressure

Interest on home loans has risen lately, making house purchases that much costlier. However, owning a house does give a feeling of security that isn’t easy to quantify mathematically.

Five Star Finance eyes Rs 7,000 crore in assets under management by FY23-end

The management of Five Star Finance said that the company will continue investing in growing its branch network and adding technological capabilities.

How long can states sustain on Centre’s fiscal support and perpetual loans?

New sources of risk such as a return to the old pension system, and mounting overdue of power discoms could push many states to a fiscal precipice

Personal loans | Banks that offer the lowest interest rate on a Rs 5-lakh loan

Bank of Maharashtra, Bank of India and State Bank of India offer interest rates between 8.9-10.55 percent on personal loans