Tag: Lending

Muthoot Finance Board Considering The Proposal of Stock Split of Equity on July 18
InFocus, Corporate

Muthoot Finance Board Considering The Proposal of Stock Split of Equity on July 18

SMEStreet Desk- July 4, 2020

A stock split divides the company's existing shares into multiple shares to boost the liquidity of the shares. Although the number of shares increases by ... Read More

Balance-Sheets of Indian Banks Under Risk With Growing Lending Pressure: Fitch
News, COVID-19

Balance-Sheets of Indian Banks Under Risk With Growing Lending Pressure: Fitch

SMEStreet Desk- May 28, 2020

Accordingly, Fitch estimates that the impact on impaired-loan ratios could be anywhere between 200bp-600bp, depending on the severity of stress and banks' individual risk exposures. ... Read More

Datacultr Enabling Financial Institutions to Deliver the Customer Demands for Loans Post-COVID-19
FinTech, COVID-19

Datacultr Enabling Financial Institutions to Deliver the Customer Demands for Loans Post-COVID-19

SMEStreet Desk- April 23, 2020

Commenting on the same, Neel Juriasingani, CEO and Co-Founder, Datacultr said, “Due to the COVID-19 lockdown, many small businesses have suspended their business operations, people have been ... Read More

RBI Relaxed Lending Norms for NBFCs for MSME, Agri and Affordable Housing
Banking & Finance, Finance

RBI Relaxed Lending Norms for NBFCs for MSME, Agri and Affordable Housing

SMEStreet Desk- August 7, 2019

Relaxing the bank lending norms to non-banking financial companies (NBFCs), the Reserve Bank of India (RBI) today allowed the banks on lending through NBFCs to ... Read More

Kissht 2.0 to Drive Better Lending Experience for Customers
InFocus, Finance

Kissht 2.0 to Drive Better Lending Experience for Customers

SMEStreet Edit Desk- December 17, 2018

India’s leading Fintech Consumer lending platform, Kissht announced “Kissht 2.0”, that aims at driving credit penetration and financial inclusion by providing financial solutions that are ... Read More

Asirvad Microfinance to Aggressive Lending to MSME Sector
Clusters, Banking & Finance

Asirvad Microfinance to Aggressive Lending to MSME Sector

SMEStreet Desk- November 8, 2018

“Our target is to lend about Rs.500 crore to Rs.750 crore by March 2020,” chairman of Asirvas Finance said. As per the RBI guidelines, Microfinance ... Read More

HDFC Increased Deposite Rates While BoB Hiked Lending  Rates
InFocus, Finance

HDFC Increased Deposite Rates While BoB Hiked Lending Rates

SMEStreet Desk- November 8, 2018

The rate on deposits with tenor of 5-8 years and 8-10 years has been increased to 6.5 per cent from 6 per cent. Read More