12383
Post

The country’s oldest public sector financial institution, IFCIBSE -0.98 % has said it expects the cash recovery to increase to Rs 1,200 crore in the current fiscal following the “stepped up” bad loan recovery process it has undertaken. “We have made recovery of Rs 850 crore in the three quarters of the current fiscal which...

Post

Finance News : The credit to Micro, Small and Medium Enterprises

The credit to micro, small and medium enterprises (MSMEs) is expected to grow at 12-14 per cent over the next five years, helped by higher lending by non banking finance companies (NBFC) to the segment, says a report. As on March 2017, credit to MSMEs stood at Rs 16 trillion. NBFC and housing finance companies...

Posted by March 22, 2018April 1, 2018
Top 5 Benefits of Business Loans
Post

Top 5 Benefits of Business Loans

Access to business loan is getting easier for small business owners, yet they are not taking benifts of the traditional funding resources that are available. Here are the top five benefits of availing business loans from an institution.. Easy to Avail  in India many leading Bank & Financial institutions like Hdfc kotak bajaj finserv tata capital etc.....

Posted by March 21, 2018April 1, 2018
Post

PRESS RELEASES

 (96 kb) Date : Mar 20, 2018 Liquidity Adjustment Facility: Fixed Rate Reverse Repo Operations The result of the RBI Fixed Rate Reverse Repo Operations held on March 19, 2018 is as under: Amount (face value in ₹ Billion) Items Overnight Reverse Repo Auction 5.75% Fixed Rate 1. Bids received (i) Number 49 (ii) Amount 208.12...

Posted by March 20, 2018April 1, 2018
Finance News :  RBI Bans Import-Finance Tool
Post

Finance News : RBI Bans Import-Finance Tool

 Traders can add one more reason to sell the Indian rupee. Stung by a $2 billion bank fraud, the Reserve Bank of India banned a key import finance tool, a move that may push up short-term dollar demand. The central bank barred lenders from issuing guarantees in the form of letters of undertaking to overseas...

Posted by March 18, 2018April 1, 2018
Ahmedabad Finance News Home Economy India’s GDP Could Reach $5 trillion,
Post

Ahmedabad Finance News Home Economy India’s GDP Could Reach $5 trillion,

India’s GDP could reach $5 trillion gave there is steady development in assembling, administrations and farming divisions, Commerce and Industry Minister Suresh Prabhu said today. The pastor underlined key part of the private segment to make new plans of action and techniques and use new advances with a specific end goal to fuel development in...

Posted by March 16, 2018April 1, 2018
Post

Finance News Ahmedabad : Insurance

To err is human, but making a financial mistake can come back to bite you when you least expect it. One such financial mistake made by people is that in their hurry to make last minute tax-saving investments, they miscalculate their insurance needs and overlooking getting a risk cover. People end up buying a life insurance...

Posted by March 14, 2018April 1, 2018
Post

Finance News Ahmedabad : Paytm start mutual funds & insurance

Mobile-first fintech major Paytm is planning a major push in the financial services sector. In the next few months, the Vijay Shekhar Sharma-led company is planning to launch services including mutual funds, general insurance, life insurance and a number of banking services via its payments bank.The firm, owned by One97 Communications, is also providing the option to transact offline...

Posted by March 13, 2018March 13, 2018
Pre-payment charge ahmedabad
Post

Pre-payment charge ahmedabad

A Pre-installment charge or a Pre-installment punishment is a provision in a home loan contract expressing that if the home loan is paid ahead of time inside a specific day and age, the borrower will be charged a punishment by the moneylender. The punishment sum is typically a percent of the extraordinary home loan sum...

Posted by March 9, 2018March 9, 2018
Term Loans Helps Small Businesses
Post

Term Loans Helps Small Businesses

A focused domain fills in as an impetus for development for organizations, huge, medium or little. Private ventures in India have been thriving in a muddled market for some time now, gaining by patterns and changing buyer inclinations. However one of the difficulties they need to manage is the absence of opportune assets, regardless of...

Posted by March 8, 2018March 8, 2018