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
In India, salaried employees spend an average of 33 percent of their monthly income on monthly installments on loans, A study by financial technology firm Perbias in collaboration with PwC India has found. The study, conducted among over three million tech-savvy consumers, found that 39 percent of their income is spent on monthly expenses, including … 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
New Delhi, The central government has announced a new loan guarantee scheme called MCGS for small, micro and medium enterprises. In this, companies can get loans without collateral What is the new credit guarantee scheme for MSME? The National Credit Guarantee Corporation will guarantee up to 60 percent of the loans of small businesses in … 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
Sipcot is the Industrial Development Corporation of Tamil Nadu Government. It is implementing various schemes for the development of start-up companies. One of them is Industry Innovation Grant Scheme. Under this scheme, start-up companies and innovators can get funding to implement their new innovations. Under this scheme, start-up companies can get funding under the following … 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