September 2019

State-owned banks and non-bank financial corporations (NBFCs) will jointly organize loan distribution programs in 400 districts of the country over the next month for clients in retail, agriculture and MSMEs, said Finance Minister Nirmala…

Financial institutions such as banks and non-bank financial corporations (NBFCs) take risks when lending to individuals and small businesses. This risk is increased if the loan is free of collateral. These lenders require assurance that…