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FLEXI CREDIT FACILITIES
RBI curbs on NBFC flexi credit may push lenders towards bullet loans, raise costs: KotakThe Reserve Bank of India's (RBI) proposed restrictions on revolving credit facilities offered by non-banking financial companies (NBFCs) m...- RBI's draft curbs on revolving credit may impact NBFC flexi loans: Morgan StanleyThe Reserve Bank of India's (RBI) draft directions proposing restrictions on revolving credit facilities offered by non-banking financial c...
- 68% of mutual fund redemptions via Instant Access Facility are below Rs 5,000: Zerodha Mutual FundZerodha Mutual Fund's instant withdrawal facility is transforming how Indians manage money. A large number of small transactions show inves...
- PPFAS Mutual Fund releases source of margin trading facility book and its impact on liquid fundsPPFAS Mutual Fund has raised caution over the sharp growth in the margin trading facility book, which has jumped from Rs 24,920 crore in FY...
- Explained: What is loan against mutual funds, and how does it work?A loan against mutual funds (LAMF) offers investors a way to meet urgent financial needs without redeeming their investments. By pledging m...
- Patel Chem Specialities IPO to open on July 25, price band set at Rs 82 to Rs 84 per equity sharePatel Chem Specialities' ₹58.8 crore IPO opens on July 25 and closes on July 29. Proceeds will fund a new plant, corporate needs, and expan...
- Tata Mutual Fund approves merger of quant fund and flexi cap fundTata Mutual Fund will merge Tata Quant Fund into Tata Flexi Cap Fund, effective March 21, 2025. Unitholders of Tata Quant Fund can exit wit...
- Is flexi loan or dropline overdraft better than a personal loan and conventional overdraft?Credit line in the form of an overdraft is preferred by many people as it gives them flexibility to repay as per their convenience and keep...
- All credit to festive season, digital lenders eye more businessThe digital lending industry in India is expecting a quick rebound in business during the festive season. Fintech lenders are well-prepared...
- Buy Now, Pay Later or credit card: Which is better for you?While credit cards typically come with an interest-free credit period of up to 45 days, under BNPL the interest-free credit period is for m...
- Coworking space providers stick to expansion plans despite drop in demandAwfis, Smartworks, Indiqube, IWG, Dextrus and Incuspaze are going ahead with their expansion plans, as they expect clients to demand more f...
- 4 changes from January 1 that will impact your moneyWith the start of the new year 2021, there are four changes that will come into effect from January 1. Here is how these changes will impac...
- Pradhan Mantri Jan Dhan Yojana scheme completes six years, benefits 40.35 crore peopleThe Jan Dhan Yojana, which was announced by Prime Minister Narendra Modi in his Independence Day address in 2014, was launched on August 28...
- ICICI Bank launches overdraft facility for salary account customers: Here's how to use itThe facility can be sanctioned immediately while customers can start using the approved OD limit within 48 hours. The interest payable on t...
- Buy Quess Corp, target price Rs 280: Motilal OswalGiven the business pressures on clients due to the lockdowns, mark-ups and working capital cycles may witness some headwinds in the near te...
- Franklin Templeton Mutual Fund makes changes to 24 schemesThe re-categorisation and merger of schemes are in line with Sebi’s new rules on categorisation of mutual funds.
- Cosmos Bank offers interest facility for accounts opened under RERAIn this facility, after maintaining a certain balance in the account, the remaining amount is transferred to a flexi-fixed account.
- Demand for women lawyers at an all-time high with India Inc trying to better diversity ratioDemand for women lawyers is at an all-time high now, with both law firms and other companies looking to hire more of them.
- Opt for flexi home loans and earn more on surplus fundsIt could esp benefit borrowers who may have bought an under-construction property, with payments made to the builder being linked to the st...
- Co-branding adds value to cardsCo-branded credit cards are here to stay as they are taken not only by people who love to flaunt them, but also by those who see value in t...
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