The debt problem faced by young Indians, who are struggling with debt, and the recent data on the increase in defaults in the micro-loan segment, highlight the need for debt management. What is the impact of Digitalization on finance In a context where access to credit has increased due to the impact of digital technology, … Read more
New Delhi:Home loan availability increases by 14 percent, with middle-income groups leading the way, The NHB report states that Housing loans in the country have increased by 14 percent, with the total outstanding loans standing at Rs 33.53 lakh crore as of September last year, the National Housing Bank (NHB) has said. Housing loans in … Read more
New Delhi: RBI When individuals, small and micro enterprises try to repay their loans early, banks impose penalties. The Reserve Bank of India has urged banks to allow early repayment of loans without any penalty. The Reserve Bank has also released a draft regulation in this regard. What is the new RBI rule for loans? … Read more
A study has revealed that Indians pay a third of their salary as loan installments, known as EMIs. How do Indians spend their money A recent study by PwC and Perbios has revealed how Indians spend their money. The study surveyed 3 million people using financial technology services, non-bank financial institutions and other digital platforms. … Read more
How can I reduce my home loan amount, There are various ways to reduce the cost of a home loan, including seeking a shorter loan term. Which bank is very low interest rate When trying to buy your own home, you need to plan the home loan process properly. From choosing the right bank to … Read more
It is important to understand the financial implications of late payments and the need to pay monthly installments and bills on time. Your credit score is now essential. For the middle class, it is very important to follow a monthly budget and not to postpone loan installments. It is important to know that not paying … Read more
Although personal loan does not have much impact on income tax return filing, it can change according to usage. Personal loan facility helps in fulfilling various financial needs. Although the interest rate of this unsecured loan is high, it is a convenient option in case of urgent need. A personal loan can be availed for … Read more
New scoring system, for start-up business loans Tamilnadu, The Tamil Nadu government is going to implement a new credit scoring system in two months for small business enterprises to get easy loans at low interest rates. start-up business loan by tamilnadu government Tamil Nadu Govt. Tamil Nadu has launched the Small and Medium Enterprises Loan … Read more
CIBIL score is the most important requirement for getting a loan. It is customary for banks or other financial institutions to check a customer’s CIBL score when applying for a loan. Cibil score new rules india Through this the credit history information of the customer will be obtained by the companies. In this case, when … Read more
Original documents to be returned within 30 days of loan completion’ – Has RBI issued an order to banks, Original documents must be returned within 30 days of loan completion. In case of delay, the borrower shall be compensated at the rate of ₹5,000 for each day of delay, RBI directive to banks. RBI has … Read more