Tag: bank loans

Personal Loan v/s Hybrid Flexi Loan – Which Is Better?
Banking & Finance, Avenue of Growth

Personal Loan v/s Hybrid Flexi Loan – Which Is Better?

SMEStreet Desk- June 18, 2020

There are a lot of loan providers available in the financial market that will offer you both Personal Loan and Hybrid Flexi loans. While both ... Read More

IRDAI Instructed All Banks Not to Grant Corporate Loans Without LEI Code
Banking & Finance, Finance

IRDAI Instructed All Banks Not to Grant Corporate Loans Without LEI Code

SMEStreet Desk- June 7, 2020

In a circular, IRDAI has asked insurers and others regulated by it to get the Legal Entity Identifier (LEI) code on or before July 31, ... Read More

PSBs Sanctioned Rs 6.45 Lakh Crore Between March 1st and May 15th to Over 54 Lakh Accounts
LimeLight

PSBs Sanctioned Rs 6.45 Lakh Crore Between March 1st and May 15th to Over 54 Lakh Accounts

SMEStreet Desk- May 20, 2020

"Loans worth over Rs 6.45 lakh crore were sanctioned by PSBs during March 1 - May 15 for 54.96 lakh accounts from MSME, Retail, Agriculture ... Read More

RBI Planning to Extend the Moratorium Offer on Bank Loans
Finance, Banking & Finance

RBI Planning to Extend the Moratorium Offer on Bank Loans

SME STREET- May 5, 2020

"All commercial banks (including regional rural banks, small finance banks and local area banks), co-operative banks, all -India Financial Institutions, and NBFCs (including housing finance ... Read More

Vijay Mallya Speak Out, Offers to Sell Assets for Repaying  Banks’ Loans
News, Analysis

Vijay Mallya Speak Out, Offers to Sell Assets for Repaying Banks’ Loans

Faiz Askari- June 27, 2018

"UBHL (United Breweries Holding Ltd) and myself have filed an application before the Karnataka High Court on June 22, setting out available assets of about ... Read More

Major Banking Reform Step: Govt. to Monitor Bank Loans of Over Rs. 250 Cr
InFocus, Analysis

Major Banking Reform Step: Govt. to Monitor Bank Loans of Over Rs. 250 Cr

SME STREET- January 25, 2018

Finance Minister, Arun Jaitley and Revenue Secretary Hasmukh Adhia, Secretary, Department of Financial Services (DFS) Rajiv Kumar presented six-point agenda for the banks with an ... Read More

Infomerics Rating Gets RBI Approval to Become Rating Agency
InFocus, Finance

Infomerics Rating Gets RBI Approval to Become Rating Agency

SMEStreet Desk- June 24, 2017

Rating company Infomerics Rating has received the approval from Reserve Bank of India to work as full service rating firm. RBI's accredition enables Infomerics' ratings ... Read More