Availing loan without financial planning can have dire consequences on your financial health.
This is the seventh consecutive cut in lending rates by the bank this fiscal.
DHFL’s creditors include mutual funds, pension funds, insurance firms and a wide array of retail investors.
Overseas education continues to be an attractive proposition for undergraduate and postgraduate students.
A forensic audit by KPMG has reportedly found massive fund diversion by the promoters.
The objective was to help millers in clearing cane arrears and divert surplus sugar for ethanol manufacturing.
FM said that banks have been asked to provide bill discounting facility to the MSME sector against payments due from the large corporates.
The GST Council consists of the finance ministers of Centre and all the states, decides on tax rates.
RBI increased loan exposure limit of banks to a single NBFC from 15 per cent to 20 per cent.
RBI’s task force also recommended easing rules around the securitisation of loan assets.