To whom are these reduced rates applicable The reduction in State Bank of India‘s (SBI‘s) rates, is not as widely applicable, as is made out to be. It is not that the home loans R
Concerned over high level of bad loans in the banking system, a parliamentary panel has asked PSU banks to devise a mechanism to detect stressed assets early so that urgent corrective steps can be taken.
About 20-35 percent of the near 40,000 consumers of Cibil have paid off any balance dues after checking their score.
Earlier, the risk posed to the MSME sector was not computable owing to the lack of data.
Bad credit scores can often be the reason why a bank will reject your loan application. CreditSeva is among the startups trying to remedy this problem.
Founded in 2013, Capital Float offers loans based on cash flows, expected receivables, financials, CIBIL scores and banks statements to SMEs. The loans range from Rs 1 lakh â€“ Rs 1 crore with a tenure between 1 â€“ 36 months.
There are various factors that determine whether you will get a home loan or not. Consequently, it is advisable to know your home loan eligibility in advance, so that you can plan the purchase R
Your credit history and credit score used to play a decisive role in determining whether you would get a home loan or not and it would stop there. You would get a home loan, R
Customers with a good loan repayment track record and strong financials may get loans which are at least 50-75 basis points cheaper than a customer with a bad credit score.
"Two-wheeler and consumer durable loans, usually serviced by private banks and NBFCs, were most negatively impacted," its vice-president Amrita Mitra said.
Speaking to CNBC-TV18 Nischal Maheshwari of Edelweiss Securities said that he was more worried about what is happening around the world as India‘s pain from demonetisation is a short-lived affair.
Peer-to-peer lending (P2P) is a debt financing tool that helps individuals to borrow and lend money and there is no role of an official financial institution as an intermediary.
Asserting that over a period of time investors look for scale, sustainability and maturity in companies, Hiren Ved of Alchemy Capital said that great companies going through difficult times can be the best bets.
With the increasing aspirations of the young generation, along with astronomical prices of houses, most home buyers today, seek to avail of home loans to fund their property purchase. However, there are various factors, R
Though most of us have heard about CIBIL score, there are so many things many individuals are not aware of.
A home loan is one of the best options, to arrange the funds needed for buying a home. Generally, it is easy to avail of a home loan, if the applicant has all the R
Home loan is the largest loan most individuals go for. It is better to prepare for it well in advance.
The American company's holding, which earlier stood at 66.1 per cent, has now risen to 77.1 per cent, an updated shareholding pattern shared on Cibil's website said.
It is advisable for home loan seekers to obtain a credit report, before applying for a large loan, such as a home loan. This report, which provides a person‘s credit score, can be obtained R
Home loan will be the biggest loan of your life, both in terms of the amount and the tenure. Doing your homework is pertinent.
Credit score is essential when it comes to access to credit. It is better to ensure a healthy credit score.
EarlySalary.com, an NBFC, offers unsecured loans of up to Rs 1 lakh to salaried professionals, especially first-time applicants who find it hard to find lenders willing to disburse quick loans or even issue a credit card.
Why does the occasional forgotten bill have such an adverse impact on a credit score?
It may be tempting to shift your home loan to a lower rate of interest. However, one must precaution before taking final decision.
When it concerns a credit card remember paying on time, keeping a low credit utilization ratio and surrendering cards that are not required or used are the basic requirements if one wants a healthy credit score