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ISFC hopeful of disbursing loans worth Rs 300 cr in next academic year

TRSMA said most school managements were yet to recover about 35% fees for the academic year 2019-20 as schools were indefinitely closed since March 14, 2019 due to Covid pandemic

The instant loan app menace underscores the need for a robust data security mechanism

They lend money for short term and collect huge interest from borrowers, which is sometimes 23 per cent of the loan amount

Vinod Kumar visited several protests organised by various trade unions here on Thursday as part of the nationwide general strike

Demand for gold loans, both through banks and NBFC, has grown in response to the economic impact of the pandemic

RBI DG shares the need to recalibrate regulations for shadow banking sector

It was launched as part of the Aatmanirbhar Bharat Abhiyan package announced by Finance Minister Nirmala Sitharaman in May to mitigate the distress caused by coronavirus-induced lockdown

The sources said the objective is to provide support to all those affected and if there are no takers for the scheme, there is no need to extend the scheme even though there is some room left

RBI decided to rationalise the risk weights by linking them only with LTV (Loan to Value) ratios for all new housing loans sanctioned up to March 31, 2022

About 27 lakh MSME units received cumulative disbursement of Rs 1,36,140 crore till October 5