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Most major banks offer home loans with an overdraft facility, which allow your surplus cash to reduce interest. But this may not be the right choice for everyone.
Paisabazaar.com, India's largest digital marketplace for consumer credit, announced today that it has strengthened its partnership with Axis Bank, Indias third largest private sector bank, by launching a Pre-Qualified Program for unsecured loans on its platform.The Pre-Qualified program on Paisabazaar.com entails deep technology and analytics collaboration with Banks and NBFCs, which enables select customers to
Longer-tenure EMIs, buyback guarantees, and other sweeteners are driving sales of automobiles, consumer durable, and electronic goods in India. The Reserve Bank of India has increased the risk weight on consumer credit, including credit card receivables and bank loans to NBFCs by a fourth, potentially forcing banks and non-banks to set aside more capital, which can potentially increase lending rates.
Indian non-banking finance companies , including Bajaj Finance, L&T Finance and SBI Cards and Payment Services, are likely to tap the bond market to raise funds following the central bank's...
Indian non-banking finance companies (NBFCs), including Bajaj Finance, L&T Finance and SBI Cards and Payment Services, are likely to tap the bond market to raise ......