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Indira Gandhi National Open University (IGNOU) has signed an agreement with Birla NUVO Ltd, a wholly owned subsidiary, Madura Fashion and Lifestyle Limited, to provide the skills and training needed garmentstitching community members who are unemployed / under employed, and live mainly in rural, suburban and disadvantaged. According to the Memorandum of Understanding (MoU), IGNOU and […]

Exceeding RBI’s limit on exposure to single borrower, State Bank of India sanctioned loans to corporates such as RIL , IOC , Tatas and HDFC in the past three financial years, the Lok Sabha was informed today. Bank of India also went past the Reserve Bank limit in the last two fiscals and sanctioned Rs […]

A CREDIT SCORE is a measure of how diligently you make payments relevant to loans, credit cards, telephone bills, insurance premiums, rent cheques and so on. Credit Information Bureau (India) Limited (CIBIL) , which collects your credit information from banks will soon be keeping your credit scores on the basis of your bill payments too. […]

Rising income levels and a greater propensity to consume in India’s tier-2 cities has created an attractive opportunity for retail finance players, a CRISIL study has said. The study, retail loan products: opportunities and risks beyond the metros and mini-metros, has detailed the current market opportunity, growth prospects, emerging competitive scenario and key operating parameters […]

Financial Services provider India Infoline (IIFL) is planning to enter the educational loan segment by this financial year. “The education loan segment would cater to higher institutions. IIFL has also entered the healthcare loan segment recently,” Mukesh Kumar Singh, senior vice-president (Gold loans), IIFL, said addressing the media here on Tuesday. India Infoline Investment Services […]