The credit outreach in every district of the country is expected to begin again in October 2021, Sitharaman informed.
Employer-provided concessionary loans have tax implications as a perquisite
Being at the forefront of digital inclusion in remote areas handholding customers to the digital ways is core to the digital banking at Bandhan Bank.
Lenders are investing heavily in acquiring customers via robust front-end solutions; however, this is not being matched with digitisation at backend.
The Pune-based lender has also revamped its gold loan scheme, offering loans up to Rs 20 lakh at a 7.10% interest rate, with zero processing fee
All the commercial banks and non-banking financial companies offer two-wheeler loans with lots of offers
The CIBIL score 2.0 introduces a risk index score range for individuals with less than six months of credit history
The bank has announced a 100% waiver on processing fees for its car loan customers across all channels
Ahead of its IPO, the digital payment major is working with lenders for Rs 100-crore credit to senior executives.
Current Account Savings Account (CASA) for BoM saw 22% rise, the highest among the public sector lenders, during the quarter.