Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    Loans
    Loans
    HomeNewsDigital loan

    Digital Loan

    Jump to

    • Getting a digital loan against your mutual funds made simple

      Increasingly, banks and fintechs now enable investors to access liquidity from their holdings in mutual funds without having to sell them.

    • Top MFIs eye 70-80% digital loan repayment in next 3-5 years

      Currently, only about 10-15 percent of customers repay digitally. The organisations are considering monetarily incentivising clients to repay digitally.

    • Fintechs confident of meeting RBI deadline on digital loans but many face hurdles

      An extension of the November 30 deadline by the regulator could be on the cards only if a significant chunk of digital lenders faces genuine challenges in re-orienting their systems and processes, said industry players.

    • Taking action against dubious digital loan apps, says Nirmala Sitaraman

      Most of the dubious apps are originating from one particular country and as a result a lot of borrowers are harassed and money is being extorted from by these apps, she said during the Question Hour while replying to a supplementary question.

    • IDBI Bank launches digital loan processing system for MSME, agri borrowers

      The Loan Processing System (LPS) for MSME and agri products seamlessly integrates with data fintechs, bureau validations, document storage, account management and customer notifications among others, IDBI Bank said in a statement.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347