You Searched For "credit disbursement" and got 20 results
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3 mins read
MSME credit demand jumps 60% from pre-pandemic levels – a sign of rebound in economic activity
The sector is undergoing a quiet but steady revival, going by the increase in credit demand and a m…
1 min read
Securitisation of retail assets jumps 113% on higher credit offtake
Retail assets securitisation volumes witnessed a sharp rise of 113% year-on-year to Rs 33,000 crore…
4 mins read
Biden's monthly payments to families were a 'godsend.' Now that they've ended, parents are 'a little bit terrified' about what comes next.
The payments helped millions of families stay afloat. One mother said, It was "huge to just know th…
Madison Hoff,Joseph Zeballos-…
3 mins read
Fintechs are helping Indian MSMEs with their biggest challenge — data and the lack of it
There are over 6.3 crore micro, small and medium enterprises (MSMEs) in India and most of them are …
2 mins read
Payments Council of India approaches government over central bank’s directive on credit lines
RBI had issued the circular after commercial banks had approached it over a likely breach of r…
3 mins read
Indians are taking more personal loans, buying consumer goods on credit, says report
Personal and consumer durable loans almost doubled between FY19 and FY22, despite a lull for two ye…
2 mins read
Kunal Shah’s CRED doubles its valuation to $4 billion in less than six months
London-based Marshall Wace and Steadfast Venture Capital also participated in this round, alon…
2 mins read
Muthoot Homefin aims to disburse ₹700 crore home loans in FY22
"For the coming year, in addition to further penetration into the existing geographies, Muthoo…
2 mins read
SME digital bank can provide services like business CASA accounts to MSMEs: Biz2Credit co-founder
Ahead of the Union Budget, Rohit Arora, CEO and Co-Founder of Biz2X, has suggested the government n…
PTI
2 mins read
Credit card payments company CRED launches peer-to-peer lending option for its 7.5 million users
These loans will be disbursed at a 12-13% interest rate annually. Of which upto 9% interest ra…
1 min read
Google invests in Indian fintech startup Progap which provides credit to SMEs
The funding into Progcap, which serves more than 700,000 small retailers by extending a revolvin…
4 mins read
India needs to bring different solutions for MSMEs -- Business Insider’s MSME Exchange panelists highlight why
Many have termed 2020 as the watershed moment for the Indian micro, small and medium enterprise (…
4 mins read
Expansions of the Child Tax Credit and Earned Income Tax Credit were an important move, but they are only temporary and leave out too many Americans in need
Making the expansions permanent and educating Americans about their benefit are great places to sta…
Bobbi Dempsey
2 mins read
Consumer loans disbursement back to pre-Covid level: HDFC Bank
The city-headquartered lender's country head for consumer finance Parag Rao said changes in lifesty…
PTI
1 min read
CASHe raises ₹140 crore to offer personal loans, credit
With this fresh capital, the company will continue to boost its profitability, enhance its exist…
PTI
1 min read
Nabard disburses Rs 20,500 crore to coop banks, RRBs
Of the Rs 25,000 crore special refinance facility provided by the RBI, Nabard had allocated Rs 23,0…
PTI
3 mins read
Finance Ministry extends Emergency Credit Line Guarantee Scheme till March 2022
The government has been receiving demands from various industry bodies and other stakeholders to…
PTI
1 min read
SBI to disburse Rs 700 cr to Mumbai circle MSMEs by June-end
"Overall, we expect to lend Rs 700 crore to MSMEs in four districts of Mumbai circle -- Mumbai, Th…
PTI
2 mins read
Paytm aims to disburse ₹1000 crore in small loans by March – that's twice as much as last year
Indian digital payments leader Paytm has said that it’s doubling down on its loan disbursement targ…
1 min read
Nabard disburses Rs 12,767cr to state coop banks, RRBs for onlending
"An amount of Rs 12,767 crore has been disbursed this week to StCBs and RRBs across the country in…