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Home loans may soon be paperless

The Ministry of Electronics & Information Technology’s (MeitY) recent push to digitise several new types of contracts may soon make

The government has notified a credit guarantee scheme for start-ups (CGSS) under which lenders will extend collateral-free loans up to

The loan portfolio of micro-finance institutions (MFI) increased 24 per cent year-on-year (YoY) to Rs 2.75 trillion by end of

With Public sector banks wary of disbursing low-value education loans claiming defaults, the Government has asked them to increase disbursement,

There has been a boom in demand for home loans in tier-2 and -3 cities and towns due to the

Banks have written off loans worth about Rs 10 lakh crore in the last five financial years, Parliament was informed.

Loan accounts can be upgraded from non-performing asset (NPA) to standard asset category only upon repayment of entire arrears of

There is a trend among borrowers to move towards fixed rate loans even as the Reserve Bank of India (RBI)

As much as Rs 2.82 trillion of loans have been sanctioned under the Emergency Credit Line Guarantee Scheme (ECLGS) as

The RBI has said it proposes to make micro-lending collateral-free, not just for microfinance institutions (MFIs) but for all lenders.