Lenders typically need evidence of income when you apply for a personal loan in order to assess your ability to repay the loan. However, other lenders could provide personal loans without requiring ev...
Banking is an important and integral part of any country’s economy. Almost everyone tends to be connected to the banking system in one way, from businesses to government to individuals. India is no ex...
Microfinance in India has been rapidly expanding as a viable financial service due to the emergence of Microfinance NBFCs, the growth of self-help groups business by Public Sector Banks and the implem...
If you explore details about the banking system in India, then you might come across terms such as “scheduled banks and non-scheduled banks”. In this article, we will explain these two terms in simple...
Small Finance Banks (SFBs) have been a key tool in India’s financial inclusion strategy — offering banking services to underserved, rural, semi-urban populations, and small businesses. As of 2026, wit...
In today’s fast-paced world, loans have become a native part of our lives. All big purchases are usually done by arranging money through a loan like a home loan, personal loan, car loan, etc. Broadly,...
The financial sector of India has been touching newer heights with every passing day. There are several reasons behind the level including a rise in per capita income, stable government, relaxed gover...
Foreign banks bring crucial international expertise and capital to India’s BFSI industry, benefiting the country’s economic growth. The foreign direct investment they bring plays a significant role in...
In recent years, India's banking landscape has undergone a significant transformation with the advent of payment banks. These specialised institutions are tailored to meet the diverse financial needs...
In the dynamic landscape of the Indian banking sector, government-owned banks hold a significant position. These institutions, backed by the government, play a pivotal role in providing financial serv...