Credit rating is an assessment of a borrower’s creditworthiness based on their credit history, financial statements, and other factors that…
When applying for a loan, borrowers may encounter various charges levied by the lender. These charges can include upfront charges…
Udyam Registration is a mandatory process for all micro, small, and medium enterprises (MSMEs) in India. The Ministry of Micro,…
A credit score is a three-digit number that represents an individual’s creditworthiness. It is a numerical expression of a person’s…
When looking for a loan against property, it is essential to choose the right Lender to ensure that you get…
Repo Rate The Repo Rate is the interest rate at which a country’s central bank lends money to commercial banks…
The Rate of Interest is the amount a lender (Banks/NBFCs/etc.) levies on a borrower for any debt given, typically a…
The expected loss is the sum of all potential losses multiplied by the profitability of the loss. The expected loss…
Based on IRAC norms – Asset Classification, the bank has to do less provisioning for the secured advance than for…
A personal loan is a form of unsecured advance where the lender provides loans to the borrower without taking any…