Loan

SBI plans to raise threshold limit for instant loan, boosting support for MSME sector

'MSME Sahaj - End to End Digital Invoice Financing', provides solutions ranging from applying for the loan, documentation and disbursement of the sanctioned loan within 15 minutes, without any manual intervention.

Why did cash-strapped Pakistan require another IMF loan and what it entails? EXPLAINED

Pakistan's crumbling economy has been beset by decades of financial mismanagement and poor governance, as citizens are struggling to meet their basic needs. This is Pakistan's 25th loan from the IMF and it has become the lender's fifth-largest debtor.

Cash-strapped Pakistan gets $7 bn loan from IMF, Finance Minister highlights 'transitional pain'

The $7 billion loan is Pakistan's 25th IMF payout programme since 1958 in exchange for unpopular reforms like increasing taxes. Decades of mismanagement and poor governance brought Pakistan to the brink of default last year as the country faced heavy economic losses.

Understanding Loan Terms: How Personal Loan Calculators Help You Plan

Understanding Difference: Loan Against Securities vs. Loan Against Property from Bajaj Finance Ltd

Maximise your finances: Smart ways to use a personal loan

With FIRSTmoney, you get a sanctioned credit limit through which you can make multiple withdrawals whenever needed.

SBI hikes loan interest rates from today, EMIs for personal, auto loans to rise | Check details

The bank has increased its marginal cost of fund-based lending rate (MCLR) by up to 10 basis points (bps) on select periods.

Telangana government to spend Rs 31,000 crore to waive off farmer loans up to Rs 2 lakh

CM Revanth Reddy said the Cabinet Sub-Committee to hold discussions with all stakeholders including farmer groups, agriculture workers and political parties to prepare a report. The Sub-Committee will submit a report to govt by July 15.

Supreme Court says interest-free loans given to bank employees taxable as 'fringe benefits'

Bank employees face a setback as a court decision upholds income tax regulations on their benefits. The ruling, which has been criticized for its arbitrary nature, ties the taxation of these benefits to the interest rates set by the State Bank of India.

IMF approves disbursal of $1.1 billion loan tranche to cash-strapped Pakistan

The latest tranche is the third and final part of the $3 billion 'stand-by' arrangement between Pakistan and the IMF which is crucial for the country to counter the rising inflation and debt. The cash-strapped country is reeling under high inflation and debt and is heavily reliant on such packages.

Indian consumers still falling prey to unlawful loan applications: Report

The RBI has issued a cautionary note related to the fraud to KYC (Know Your Customer) updation - they have further advised against sharing KYC documents or copies with unfamiliar individuals or organizations.

Debt trap? China rolls over USD 2 billion loan to cash-strapped Pakistan

Pakistan's cash-strapped economy is struggling to stabilise from a financial crisis and secured a $3 billion standby arrangement from the International Monetary Fund last summer.

Telangana: 20-year-old engineering student dies by suicide in Hyderabad

Telangana news: The family members said that despite clearing loans, agents from the app were harassing by calling other family members and relatives for repayment. Following this, the boy died by suicide.

What are factors which determine low interest rates for personal loans

Securing a personal loan at favourable interest rates requires an understanding of several.

Personal Loan: Here's list of banks offering lowest interest rates

Lenders charge a lower rate from borrowers with a high credit score and a higher interest rate from those with a low credit score.

Government cracking down on fraudulent loan app ads on social media: Rajeev Chandrasekhar

The Ministry of Electronics and IT had on Tuesday directed social media platforms to take additional measures to ensure that they don't host advertisements of fraudulent loan apps.

Google pulls 17 fraudulent Android loan apps targeting Indian users

As per the privacy policies of these apps, if those permissions are not granted, the loan will not be reimbursed to the users. To complete the loan application process, the users are compelled to provide extensive personal information.

Supreme Court ruling on personal guarantors set to force promoters to rush to settle bank dues

According to reports, promoters of companies, under insolvency proceedings, are expected to settle their pending dues with banks, fearing loss of their personal assets.

CBI books Mumbai-based firm for siphoning off loan funds through 17 shell companies

The bank had sanctioned credit facilities of Rs 22 crore in 2007 to the company based at Goregaon East which resulted in the outstanding of Rs 24.20 crore on the date of non-performing assets on December 27, 2012.

FACT CHECK: Finance ministry to grant Rs 3,00,000 loan under PM Mudra Yojana scheme?

A letter is being shared on WhatsApp and social media, which states that an amount has to be paid for taking a loan under the Central Government's scheme PM Mudra Yojana.