How banks decide who will get loan and who will not: Understand the complete mathematics of your salary, old loans and credit score.

How banks decide who will get loan and who will not: Understand the complete mathematics of your salary, old loans and credit score.

It is very important for customers planning to take a loan to understand on what basis the bank or financial institution assesses their application. Before approving any loan, lenders do a thorough risk assessment of your ability to repay the loan and your intentions. Know in this news what are all the important aspects related…

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Unsecured loans up to ₹100 crore to small industries: Emergency Credit Line Guarantee Scheme extended for one year; Loan up to ₹1500 crore to the airline

Unsecured loans up to ₹100 crore to small industries: Emergency Credit Line Guarantee Scheme extended for one year; Loan up to ₹1500 crore to the airline

New Delhi7 minutes ago copy link Union Minister Ashwini Vaishnav informed about the decisions taken in the cabinet meeting. The Union Cabinet has approved the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0. Through this, small industries (MSMEs) will be able to take loans up to ₹100 crore and airline companies will be able to take…

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