Loan

Taking loan against mutual funds: Things you need to keep in mind

There are two kinds of loans against mutual funds- secured and unsecured. The credit score of the applicant or firm, and steady income decide the eligibility for receiving loan against the mutual funds

Government repays IL&FS loans to fulfil commitment: Report

In order to meet its commitments as guarantors, on 30 June 2022, the government made payments totalling Rs 1,109 crore to ADB and Rs 29 crore to KfW

NBFCs, personal and corporate loans lead credit growth in India; details here

Bank loans to NBFCs have been constantly rising at a time when corporate bond yields have substantially increased due to expectations that the RBI will continue to raise the repo rate from its present level.

What is PM SVANidhi Scheme? Check loan structure and application process here

The person must have an Aadhaar Card and a valid active bank account to apply for a loan under the PM SVANidhi Scheme

ICICI Bank’s GIFT City branches offer loan against deposits, dollar bonds to NRIs; details here

For dollar bonds, ICICI Bank claimed to be supplying a cohort of more than 50 prominent issuers and businesses

Want to take pre-approved loan? Check what benefits you can get

Notably, pre-approved loans are only available for a limited period. That’s why making a decision at the appropriate time is so crucial

Congress blames Left government's co-operative banks policy over student suicide

A 20-year-old girl was found dead at her house in Kollam on Tuesday evening after seeing a recovery notice affixed on the house when she returned from college

24-year-old woman kills grandmother to pay Rs 15,000 loan in Pune

'The accused had lodged a murder complaint after the incident, but she kept changing her statements, making the police suspicious,' said a police official

What are the risks while signing up as loan guarantor? Check it out here

Becoming a loan guarantor means that any delay in the repayment of the loan by the borrower will also impact the credit score of the guarantor. This in turn will impact the future ability of the guarantor to apply for credit cards or loans themselves.

Mumbai: Cyber police arrests 14 people involved in online instant loan racket

Joint Commissioner (crime) Suhas Warke said that while applying for instant loans on mobile apps, all the personal data of the applicants would go to the company of the accused persons, which they then used for harassing people who failed to repay loans