business loans

SBI

SBI and WDRA to Come Together for Financing Against e-NWR

Opportunity India Desk Jan 18 2023 - 3 min read

Largest public sector lender the State Bank of India (SBI) has signed a Memorandum of Understanding (MoU) with Warehousing Development and Regulatory Authority (WDRA) for easy and quick disbursal of loans. The MoU will promote loans against electronic Negotiable Warehouse Receipts (e-NWR) issued by WDRA-registered warehouses. The MoU were signed by Dinesh Khara, ...

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Banking

Usha Financial’s AUM stands at 225 crores

Opportunity India Desk Oct 10 2022 - 2 min read

Usha Financial, an emerging financial service company in India achieved this feat through a combination of equity & debt. This had a positive impact on Assets under management (AUM) which is now standing at INR 225 crores at the end of first half of FY 2022-23. The company's Asset under Management (AUM) was at 151.63 ...

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Banking

RBI Announces 50 bps Hike In Repo Rate

Opportunity India Desk Sep 30 2022 - 2 min read

In order to contain the rising inflation in India, the Reserve Bank of India (RBI) has announced a 50 basis points hike in the repo rate. Repo is the rate at which the central bank lends short-term funds to banks. One bps is one-hundredth of a percentage point. With the latest rate hike, the repo ...

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Small Business

NeoGrowth Announced the Launch of ‘NeoGrowth Accelerator’ on World MSME Day

Opportunity India Desk Jun 27 2022 - 6 min read

NeoGrowth, a Micro Small and Medium Enterprises (MSME) focused FinTech lender, has announced the launch of its new business loan offering, NeoGrowth Accelerator. NeoGrowth Accelerator is a collateral-free term loan of up ...

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Loan

How to Avail a Car Loan from IndusInd Bank at Attractive Interest Rates?

Mithilesh Singh Sep 01 2021 - 3 min read

Owning a car is pretty much a necessity in the post-pandemic world. It ensures both safety and comfort. Even though many of us can’t afford to pay a lump sum to afford a four-wheeler, taking a car loan at easy repayment terms is now possible. If you’re looking for one with a renowned institution that ...

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