If you are looking for higher interest rates on fixed deposits (FDs), corporate fixed deposits from non-banking financial companies (NBFCs) and housing finance companies (HFCs) can be seen as an attractive option. These deposits offer…
Mumbai: The Reserve Bank of India (RBI) has clamped down on lenders evergreening loans through the use of alternative investment funds (AIFs), a practice previously red-flagged by the stock market regulator. From now, a lender…
New Delhi: Domestic banks, housing finance companies, among others, disbursed 34 lakh home loans worth ₹9 trillion ($121.6 billion) in calendar year 2022, according to a study on retail loans by Equifax and Andromeda. Loans…