Tag: loan

UP CM Yogi Adityanath highlights progress and challenges in empowering farmers at Krishi Bharat 2024
Posted in Economy

UP CM Yogi Adityanath highlights progress and challenges in empowering farmers at Krishi Bharat 2024

Chief Minister Yogi Adityanath, at the inaugural function of the Krishi Bharat 2024 programme held on Vrindavan Yojana ground in Lucknow, said although significant efforts…

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RBI tightens guidelines for NBFC P2P lending
Posted in Economy

RBI tightens guidelines for NBFC P2P lending

The central bank tightened norms for non-bank lenders operating as peer-to-peer (P2P) lending platforms, barring them from selling insurance products that are in the form…

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RBI tightens norms for P2P lending platforms
Posted in Economy

RBI tightens norms for P2P lending platforms

The Reserve Bank on Friday tightened norms for Non-Banking Financial Company – Peer to Peer Lending Platforms (NBFC-P2P Lending Platform) to improve transparency and compliance….

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RBI urges vigilance on home equity, top-up loans amid rapid growth
Posted in Economy

RBI urges vigilance on home equity, top-up loans amid rapid growth

The Reserve Bank of India (RBI) today called on banks and non-banking financial companies (NBFCs) to closely monitor the end-use of funds for home equity…

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The finance ministry, however, said in the statement that the decision to postpone the May 16 notification was to “give adequate time to banks and card networks to put in place requisite IT-based solutions” in case of higher TCS rates.
Posted in Business

TCS roll-out moved to Oct 1 amid pushback

The government on Wednesday “suspended” its decision to charge up to 20% TCS (tax collected at source) on foreign remittances through credit cards under the…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

byjus: Digital lenders may feel the burn if Byju’s flames out

The way the story at edtech giant Byju’s is unraveling, there is expectation of a spillover impact on the country’s fledgling digital lending segment too….

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A panel of experts appointed by the Supreme Court said in a report last month that there’s no regulatory failure or wrongdoing behind the wild swings of Adani stocks.(REUTERS)
Posted in Business

Adani Group in talks to refinance up to $3.8 billion debt: Report

Adani Group is in talks with lenders, including global banks, as it seeks to refinance up to $3.8 billion of a loan facility taken for…

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Credit growth momentum may moderate to 10 pc in FY24, report suggests
Posted in Economy

Credit growth momentum may moderate to 10 pc in FY24, report suggests

India’s credit growth momentum is waning and the crucial non-food loans growth is likely to slip to 10 per cent in FY24 from more than…

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zoho: Zoho India FY22 profit rises 43% to Rs 2,748.83 crore
Posted in Startups

Square Yards revenue: Proptech firm Square Yards revenue up 70% to Rs 670 crore in FY23

Proptech firm Square Yards, which is mainly into housing and home loan brokerage, on Friday reported 70% increase in revenue to Rs 670.5 crore for…

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arya.ag: Agritech firm Arya.ag sees 55.81% increase in loan disbursals in FY23
Posted in Economy

arya.ag: Agritech firm Arya.ag sees 55.81% increase in loan disbursals in FY23

Agritech firm Arya.ag, which provides financial support to small farmers who cultivate less than 5 acres of land, has more than doubled its loan disbursals…

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