The FinTech Hub
Source: Live Mint Personal loans have become more popular among people who want to finance several needs, such as: medical expenses, education or business growth and expansion etc. But funding business through a personal loan is a little complicated and has several issues to be considered before applying for it. Here are five significant things…
Source: Live Mint Credit cards are a convenient way to make smart transactions while earning cashbacks and rewards on your favourite brands. The cards come with exclusive offers on shopping, hotel booking, entertainment and on your daily payments. Your credit score is important when you apply for a credit card as it is what is…
Source: Live Mint A personal loan is quite different from other variants of loans. Unlike other loans such as a house loan or a car loan, a personal loan is an unsecured loan. Rate of interest charged on personal loan is usually higher than that of other loans and it does not require a collateral from…
Source: Live Mint If you face a temporary cash crunch and are in an urgent need of funds, you can use the gold sitting in your locker to tide over your cash flow issues. Banks and non-banking financial companies (NBFCs) offer gold loans for tenures as short as three months to as long as five…
Source: Live Mint Personal loans have become quite popular in recent times as they provide instant loan disbursal and help you get financial assistance if you are in an emergency situation. These loans are usually unsecured and do not require collateral. If you are looking to meet your short term financial goals and want to…
Source: Live Mint Non-banking finance company (NBFC) stocks have been hammered by Dalal Street investors in recent weeks, following a mixed performance in the September quarter (Q2FY25). This was driven by a moderation in year-on-year disbursement growth due to a slowdown in unsecured loans (personal, credit cards, MFI) amidst asset quality concerns and regulatory actions….
Source: Live Mint Instant personal loan is a type of unsecured loan which gives quick access to money with minimal documentation and fast approval, sometimes within minutes or a few hours. Instant personal loans are generally offered by banks, non-banking financial companies (NBFCs), or fintech lenders and are quite handy to address short-term financial needs,…
Source: Live Mint Is your poor credit score impacting your ability to get a credit card? You do not have to worry. Secured credit cards offer the way for individuals with poor credit scores. Credit cards are basically unsecured loans that offer you advances based purely on your track record in managing your finances. But…
Source: Business Standard Reserve Bank is closely monitoring the incoming information and will take measures, Das said. (Photo: Shutterstock) 2 min read Last Updated : Oct 09 2024 | 11:24 AM IST In a stern message to non-banking finance companies (NBFCs) aggressively pursuing growth without sustainable business practices and robust risk management frameworks, Reserve…
Source: Business Standard 1 min read Last Updated : Sep 27 2024 | 5:51 AM IST Non-banking financial companies (NBFCs) in the middle-layer had the highest share of unsecured loans, at 27.3 per cent, followed by those in the upper layer at 24.3 per cent at end-December 2023, according to a paper in the Reserve…
