A recent report by the Fintech Association for Consumer Empowerment (FACE) noted the constantly increasing volumes of digital lending in India. For FY 2022-23, disbursement volumes jumped 131%, while its value soared 129% on a YoY basis, standing at Rs 92,848 crores. During this period, 7.26 crore loans were given out. .In FY 2021-22, this […]
Equity funds saw a sharp drop in their inflows during May 2023. Small-cap funds saw maximum fund influx amongst equity funds, at Rs 3,282 crore.
In a bid to ease the process of loan reception and repayment for common men, both Kerala and Patna high courts have delivered rulings that have put banks in a dilemma. In a recent verdict, the Kerala HC decreed that banks need to adopt a humanitarian approach towards granting education loans. According to the court, […]
Calculated as a percentage of the average Net Asset Value of the fund, TER subsumes expenses like legal, brokerage and management salaries, marketing and research expenses among others
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