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Business Loan News - Sep 2021
- 2021-09-08 : Bank of India Partners with MAS Financial Service for MSME Loans
State-owned bank- Bank of India has joined hands with MAS Financial Service to offer MSME loans. Co-lending is introduced to increase credit to unserved and underserved sectors by utilising NBFC coverage to the informal sector. - 2021-09-01 : Mortgage lending has increased GDP by 11%
National Housing Bank has informed that mortgage lending in India has increased India’s Gross Domestic Product (GDP) by 11%, an economy worth Rs 27 trillion. 65% of the loans are provided by banks and the rest 35% by NBFCs. - 2021-08-25 : FM Niramala Sitharaman Launches EASE 4.0
Finance Minister Nirmala Sitharaman launches Ease 4.0 (Enhanced Access and Service Excellence )to undertake the public sector banks (PSBs). It is a common reform agenda for PSBs aimed at institutionalising clean and smart banking. - 2021-08-16 : Bank of Maharashtra emerge as a top performer
Bank of Maharashtra has emerged as a top performer among public sector lenders in terms of loans and deposits. The bank has recorded 14.46 percent increase in gross advances at Rs 1,10,592 lakh crore in April-June period of 2021-22. - 2021-08-13 : HDFC Bank presents Festive Offer
HDFC Bank is offering various offers on the occasion of the Onam festival in Kerela. It is offering benefits on a car loan, two-wheeler loan, home loan, business loans, gold Loan, Loan against Securities and Loan against the property. Also, HDFC debit cards and credit cardholders will also get cashback and discounts. This offer is valid till September 30, 2021.
*Terms and conditions apply. Credit at sole discretion of lender, which is subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and collected from public sources.
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