You Searched For "rural lending" and got 20 results
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2 mins read
After UPI, RBI set to launch Unified Lending Interface (ULI) for friction-less credit
The ULI platform facilitates a seamless and consent-based flow of digital information, including ev…
ANI
2 mins read
Digital initiatives to triple Indian retail borrowing to USD 2.5 trillion by 2030: S&P Global
Recognising the impact of digitisation in the country, S&P Global Ratings said that the state-backe…
ANI
2 mins read
HDFC bank sees muted quarterly business; share drops 4.15% during trade today
Anticipating that HDFC Bank's foreign inclusion factor to increase from 50% to 100% in the MSCI Ind…
3 mins read
Microfinance lending shows strong growth in 2022, NBFC MFIs dominate the market
Average balance per account witnessed quarterly growth of 0.8% and grew 5.2% Y-oY as of December 22…
2 mins read
Axis Bank to tie up with ITC to offer rural lending products to farmers
The collaboration will help Axis Bank bank to leverage ITCMAARS, an agri-tech application to addres…
4 mins read
I bought my first house in rural Scotland at 22. Housing is affordable in the countryside and I love it here.
After moving from India to Scotland for university, Simran Kaur decided to settle in the countrysid…
Gouri Sharma
2 mins read
The Indian e-commerce market is growing at the rate of knots courtesy rapid digital transformation
India has cemented its position as a pioneer in developing and integrating digital infrastructure. …
3 mins read
This startup which lends to the rural middle class raises $35 million in a Series C round
Digital lending platform SarvaGram Solutions, which focuses on lending to rural households rais…
4 mins read
RBI tightens norms for Chinese lending apps
Chinese digital loan apps were utilising the loophole in the regulatory guidelines to dupe Indian c…
2 mins read
ICICI Bank launches digital lending solution iLens, powered by TCS
ICICI Bank launched iLens, a digital lending solution, powered by TCS lending platform. iLens digit…
2 mins read
Local businesses in rural Montana give out free food and lodging to hundreds of travelers stranded by dangerous high winds
The small town of Big Timber rose to the occasion after drivers found themselves stuck in the area …
Aidan Pollard
3 mins read
OPINION: How new age NBFCs are changing the small ticket business loan landscape in India
As of March 2021, India’s total lending market size stood at ₹156.9 lakh crore, recording around 10…
2 mins read
A five-year-old bank lending to poor women in rural India has made it to MSCI in New York
Kolkata-based lender Bandhan Bank which has been servicing rural women with small loans, is now e…
1 min read
Government likely to allow cooperative banks to lend under Emergency Credit Line
He also urged the states to release payments due to MSMEs within 45 days, as "this will help…
1 min read
SIDBI to provide special liquidity for on-lending to MSMEs
"We are ously working towards helping MSMEs survive the crisis created due to the COVID-19 pandemic…
PTI
4 mins read
HDFC Bank is looking to hire 2,500 people in the next six months across India to double its rural cover
Shares of private sector lender, HDFC Bank, gained close to 2% on Monday’s trade to ₹1,625 apiece a…
3 mins read
Bandhan Bank shares have gained 54% since lockdown started— but the numbers will reveal the real damage to rural India from COVID-19
So far, the share price reflects some optimism. It’s up over 54% since the lockdown starting Mar…
2 mins read
Lending platform KreditBee raises $70 million in its series C round, a month after it got $75 million
Fintech lending startup KreditBee’s holding company Finnov has raised $70 million from new investor…
2 mins read
RBI is pushing India's stubborn banks to cut lending rates
The RBI governor Shaktikanta Das today said that they are willing to take whatever steps neces…
2 mins read
RBI measures to boost liquidity, incentivise banks to lend more to boost economy: FM
It has now been decided to increase the WMA limit of states by 60 per cent over and above the level…