For tomorrow's money
The biggest investment bank, JPMorgan has set up a unit to compete with growing competition from direct borrowers, committing a “significant bulge of capital” to hold leveraged loans on its balance sheet. JPMorgan is funding the loans and intends to hold them to maturity rather than underwriting the debt for syndication, a practice where the […]
Day in pay loans will be the good option if you’re looking for a instant solution to your financial burden. Payday loans are short-term, quick approved loans to help you offset your financial requirements. The internet is full of payday loan finder services, making it challenging to choose legitimate and trustworthy ones. Luckily, after countless […]
Debit and credit card rules extended to some extent after getting a lots of representations from different industry sectors. The Reserve Bank of India (RBI) has again extended the debit and credit card token rule deadline to September 30.The Reserve Bank stated that the industry stakeholders had stated some issues related to the implementation of the […]
Private sector lender, Kotak Mahindra Bank reported a 26 per cent rise in net income at ₹ 2,071.00 crore in the June quarter, buoyed by record margins and a decline in bad loans. On a total basis, the city-headquartered financial services group, which is also into life and non-life insurance, share broking, asset reconstruction, and AIF, among […]
Adani Group came near to the State Bank of India (SBI) for a loan worth Rs 13,000 crore to build a new plant in state of Gujarat. The new facility is being planned to manufacture of polyvinyl chloride (PVC) from coal, a Mint report stated. The total cost of setting up the project is expected around […]
Security of loans which was granted by microfinance entities (MFIs) more than two years to Rs 3,500 crore in the June 2022 quarter of the current financial year, as investors built confidence on better recoveries and credit enhancements. According to rating agency, the security or sale of existing micro-finance loans by issuing pass-through certificates (PTC) and direct assignment (DA) stood at […]
You might be surprised by how much you could save on the cost of your loan by moving it or repaying early – even if there are extra charges for doing so. We take a look at your potential options below for unsecured loans and provide tools to help you compare costs. Repay loans with savings […]
Businesses need capital to operate. Too many manufacturers have orders in, but a lack of funding to simply purchase material and get on with production. Businesses can be in the ideal position to expand, but not permitted to do so because of monthly flow limitations. Personnel may need to be paid, but payments may take […]
Short-term loans The short-term loan comes with a fixed payment period and rate of interest. This is a secured loan. However, depending on the credibility of your credit history and relation with the lender, you can secure this loan for no collateral as well. Credit line or Bank Overdraft Facility This is the most flexible working capital loan. The lender […]
If you’ve got lots of different debts and you’re struggling to keep up with repayments, you can merge them together into one loan to lower your monthly payments.You borrow enough money to pay off all your current debts and owe money to just one lender. There are two types of debt consolidation loan Secured – where […]