SC: Borrowers taking loans for profit not protected under consumer law | India News
NEW DELHI: The Supreme Court has ruled that a borrower cannot be classified as a “consumer” under the Consumer Protection Act if the loan was...
Tag : loans
Microfin, 2-wheeler loans rebound – The Times of India
MUMBAI: Microfinance and two-wheeler finance, key credit segments for new-to-credit borrowers, are showing signs of recovery after facing challenges. The microfinance sector is stabilising with...
SBI lowers interest rates on several new retail, biz loans
MUMBAI: State Bank of India (SBI) has reduced interest rates on several new retail and business loans linked to external benchmarks, following the RBI’s recent...
Over $22 billion funnelled for migrants’ cars, home loans, startups, reveals shocking report
After USAID, another shocking report came, revealing the data of the US department of health and human services’ (HHS) migrants grant and throwing light on...
Trump administration orders spending freeze on all public loans, grants and more aid
Trump administration is calling for a for a spending freeze on federal assistance by 5 pm Tuesday, potentially impacting aid to non-profits, universities, small business...
How phones on EMIs unlock access to loans
MUMBAI: Mobile phone purchases have become a key channel for individuals in the informal sector to get into the formal credit system. While the Jan...
Personal loans under Rs 10,000 record higher default rate
MUMBAI: Small-ticket personal loans under Rs 10,000 showed higher delinquency rates than larger loans, with peak defaults occurring among those who took loans between Dec...
Maha backs Rs 1,104 crore loans to sugar co-ops linked to Mahayuti leaders | India News
MUMBAI: The cash-strapped govt, which is struggling to balance its resources while trying to fulfil poll promises, has recommended that the National Cooperative Development Corporation...
HDFC deposits top loans for 1st time after merger
MUMBAI: HDFC Bank’s deposit base surpassed its advances for the first time after the merger of its parent housing finance company with the bank in...
NHAI prepays Rs 56,000 crore loans as Capex fall
NEW DELHI: NHAI has pre-paid loans of Rs 56,000 crore during the current fiscal year and is looking to further reduce its debt burden by...