During the Lockdown there are many corporate and non-corporate industries that are in losses. There are also some industries that have taken MUDRA loan under the Pradhan Mantri MUDRA Yojna but they are unable to pay the EMIs back. Under the Pradhan...
Read MoreCollateral Free Business Loan for MSMEs as Covid-19 Relief
After the Coronavirus Outbreak and Lockdown, the small businesses and MSMEs are facing a lot of financial problems. Therefore, in order to boost the working of the MSMEs and bring them on track, the government of India has provided Collateral Free...
Read MoreGovernment Announces a Relief for the Kisan Credit Card Users
The COVID 19 Pandemic has created a mess nationwide and the government has put a lockdown in the whole country. Almost, every individual has faced some sort of financial problem including the farmers. Therefore, the government has announced relief...
Read MoreFM Announces More in-hand Income for Salaried, Collateral-free Loan for MSMEs & Other Relief Measures
A day after Prime Minister Narendra Modi announced a mega INR 20 lakh crore relief package including the measures announced by the Reserve Bank of India (RBI) and centre in the last month or so, the Finance Minister Nirmala Sithraman today revealed...
Read MoreICICI Voice Banking- Manage Credit Cards on Amazon Alexa and Google Assistance
The ICICI Bank provides all its services through a digitalized platform and in this phase of lockdown and Coronavirus Outbreak, it is very necessary to keep social distancing. Therefore, the ICICI bank has launched a new method of banking known as...
Read MoreHow Things Stand for Home Loan Borrowers After Lenders Slashed Lending Rates in Response to 0.75% Repo Rate Cut?
The Reserve Bank of India (RBI), after taking stock of the emergency caused due to the COVID-19 pandemic, decided to cut the repo rate by a massive 75 basis point (100 basis points=1%) to 4.40% on March 27, 2020. The action from the RBI is making...
Read MoreHDFC Bank Whatsapp Banking – 24×7 Services
The HDFC Bank has always satisfied its customers with its outstanding services. Recently, it has launched a new model of banking known as WhatsApp banking. The HDFC Bank WhatsApp banking is one of the safest services in which you can manage your...
Read MoreRBI Announces INR 50,000 Crore TLTRO to Improve the Health of NBFCs & Microfinance Institutions
Taking stock of the economic pressures triggered by the COVID-19 pandemic, the Reserve Bank of India (RBI) has announced a fresh INR 50,000 crore Targeted long-term Repo Operation (LTRO 2.0) to uplift the health of non-banking finance companies...
Read MoreSIDBI Emergency Loan Scheme During Lockdown
After the lockdown due to the Coronavirus Disease, many small scale industries are going through a financial crisis in India. They are unable to meet out their manufacturing expenses due to the scarcity of funds. Therefore, the Small Industries...
Read MoreHow to Avail EMI Moratorium Period on All Your Term Loans and Other Credit Facilities at Different Banks?
In one of the major announcements made by the Reserve Bank of India (RBI) on March 27, 2020, the central bank directed all banks and financial institutions to provide a three-month moratorium period on all their term loans and other credit...
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