Hela

Hela March 3, 2019

Non-banking financial company L&T Finance is planning to raise up to Rs 1,500 crore through non-convertible debenture issues in three tranches. The base size of the issue, which is opening on March 6 and closing on 20, is Rs 500 crore, with an option to retain over-subscription up to Rs 1,000 crore, company said on […]

Hela March 2, 2019

The I-T department has been given a target of Rs. 11.5 lakh crore in direct tax collections for 2018-19 NEW DELHI:  The Income Tax Department should pull up its socks to “maximise” revenue collection and enlarge the basket of tax-paying people in the country, the newly-appointed chairman of the Central Board of Direct Taxes (CBDT) said in […]

Hela February 27, 2019

The different loan products of SBI are home loan, car loan, personal loan and education loan. State Bank of India (SBI), the country’s largest lender, offers a variety of loans to meet financial needs of its customer under its personal finance portfolio. The different loan products of SBI are home loan, car loan, personal loan and […]

Hela February 24, 2019

Barcelona: Chinese smartphone maker Oppo Mobiles on Saturday said it plans to invest USD 1.5 billion in research and development this year with focus on developing 5G as it unveiled its first smartphone on the next generation technology. “Our 2019 R&D investment is budgeted at USD 1.5 billion, focusing on 5G, artificial intelligence, imaging, new material […]

Hela February 22, 2019

NEW DELHI: Total gross loan portfolio of the microfinance industry stands at Rs 65,090 crore at the end of the third quarter, showing an increase of 6 per cent from the previous quarter and an annual growth of 37 per cent, according to a report by Sa-Dhan. The report is based on data provided by 124 microfinance institutions. Combined microcredit portfolio of all lenders […]

Hela February 20, 2019

Equitas Small Finance Bank keeps interest rates on deposits higher than its bigger rivals in order to aid deposits growth, said MD and CEO PN Vasudevan. “Significantly we do operate on the lending side in the informal economy where the supply of money from the banking sector has been very low, so the ability to pass on 0.5 percent […]

Hela February 19, 2019

Personal loans are useful during emergencies, when you face a financial crunch. With the easy availability of such loans, hassle-free application processes, and low interest rates, more and more people are currently availing these loans. Inexperience when applying for loans can, however, lead to mistakes which may lead to your loan applications getting rejected. Here […]