Archive for the "Loans" Category

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Indian lenders see opportunity in gold loans

For Ravindra Bahandare, the source of cash to fund his textile trading firm was not a bank, but a 14-gram gold chain he pawned for Rs 20,000 ($451) at one of the thousands of gold loan offices mushrooming across India. “My business has been slack for three, four months and I wanted a quick loan […]

Personal loans: assists to immortalize your personality

Looking good is imbibed as a characteristic trait. A proper grooming, having perfect physical features are some of the essence that defines the physical aspect of a person. But, there are some, who do have physical scars right from birth or due to an accident.  Removing these scars is possible with cosmetic surgery. However, the […]

After RBI analysis, banks lift their base rates

After the Reserve Bank of India (RBI) raised key policy rates by 50 basis points (bps), lenders have started raising their base rates (the benchmark rates for all loans). Punjab National Bank (PNB), Oriental Bank of Commerce (OBC) and YES Bank today raised their base rates. PNB, the country’s second-largest bank, increased its base rate […]

Fast Online Loans—Source of small borrowing

Instantaneous relief to the money problem can now be easily sorted out with the help of Online Loans available with numerous lenders online. They have been becoming increasingly prominent in the lending industry to bridge up the gap till the next payday. It is the active source of cash for small borrowings but as compared […]

StanChart records double digit increase in January March income

Standard Chartered today said it recorded a double-digit growth in its income in the first three months of the year. The rise was driven by growth in the wholesale and consumer banking businesses. Lower expenses, following a reduction in the number of employees, also aided earnings, the British bank said in its interim management statement. […]