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The guidelines will be implemented from April 2022 for bad loans on or after April 1 that year.
Because of government schemes targeted at increasing liquidity for small businesses, loan disbursements have surged.
Banks account for over 95% of credit cards in the market
The offtake of credit by industry presents reason for worry simply since credit indicates capex that can generate jobs for sustainable growth.
In the six months ended September 2021, total loans outstanding in the personal loan segment increased by Rs 73,000 crore.
Most of us know about credit cards and attendant multiple offers. But how many of us know about co-branded credit cards? Many banks are coming with co-branded credit cards ahead of the festive season to offer more and more facilities, cash back and attractive offers to the customers. Money9 gives you a brief description of […]
The RBI had given in-principle approval to a consortium led by Centrum Financial Services and fintech firm BharatPe to buy the impaired PMC Bank
Buying a house is the dream of most Indians. Even the pandemic has been able to only defer it for a while.
RBI has instructed all bank boards to frame an agreement for safe deposit lockers based on a model locker agreement to be framed by IBA
Pradhan Mantri Jan Dhan account holders have crossed 44-crore mark.