CAR LOAN APPLICATION
Tata Communications, Microsoft tie up for developments in connected cars
By combining the IoT (Internet-of-Things) connectivity and network intelligence capabilities of Tata Communications MOVE with the Microsoft Connected Vehicle Platform, Tata Communications will enable automotive manufacturers to offer consumers worldwide more seamless and secure driving experiences.
More people availing loans even as ticket sizes grow smaller: Satish Pillai, CIBIL
Largest growth segments across everything on the unsecured...
Banks may be given incentive to extend loans in backward areas: RBI Dy Guv MK Jain
Speaking at an event organised by the National Bank for Ag...
Government extends moratorium by 6 months on Rs 15,000 crore soft loan to sugar mills
The Centre had announced the loan package in two tranches -- first in June 2018 amounting to Rs 4,440 crore and the other in March 2019 of Rs 10,540 crore. The objective was to help millers in clearing cane arrears and divert surplus sugar for ethanol manufacturing.
War on bad loans begins to pay for fintech lenders
The tough financial conditions have meant that startups are using technology innovatively to reduce the cost of operations.This year has been stressful for non-banking finance companies (NBFCs), with a liquidity squeeze affecting the broader financial services sector.
Allahabad Bank loss widens to Rs 2,103 crore in Q2 on higher bad loans
In the preceding June quarter, the bank clocked a profit of Rs 128 crore.
Did not know about loans to HDIL, says PMC Bank director
The Economic Offences Wing (EOW) of Mumbai Police has arrested five persons in the Rs 4,355 crore PMC Bank scam, including promoters of realty group HDIL and top bank officials. Narang (71) has filed an anticipatory bail application before additional sessions judge S T Soor.
Canara Bank Q2 consolidated net up 14% at Rs 405-cr; bad loans fall
Interest income stood at Rs 12,500.37 crore, up from Rs 11,015.93 crore.
5 lesser-known factors that can push up your home loan interest rate and lower credit score
While linking interest rates to an external benchmark, the Reserve Bank of India has allowed the banks to charge credit risk premium as a part of the spread over and above the external benchmark rate to arrive at the effective interest rate.
Loans, credit cards, bank products: Don't fall for sales pitches
You must carefully evaluate the banking products to make sure that they are beneficial for your overall finances.
Vodafone Idea and Kia Motors, enter pact on UVO connected car services
The partnership allows Kia to locate its cars, enable real-time exchange of data and power a whole range of telematics enabled connected car services to its customers.
Should you prepay your home loan or make new investments? The answer may surprise you
It makes more sense to have a nest egg, than to use it to pay off loans, says Dhirendra Kumar
United Bank of India Q2 net profit at Rs 124 crore as bad loans fall substantially
Sequentially, there was a net profit of Rs 105 crore in the first quarter ended June this year.
Syndicate Bank reports Rs 251 crore Q2 profit
Total income in the September quarter increased to Rs 6,153.10 crore against Rs 5,888.87 crore in year-ago period.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service