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What Is The Eligibility For Getting Instant Business Loan From An NBFC

Rashi Sood

July 2, 2019

Arranging funds for a small business can be challenging. Not all MSME owners enjoy good credit history, which can be a hindrance for instant business loans in India. Non-Banking Financial Companies, or NBFCs, have emerged as the preferred choice for…

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Business Loan

RBI Panel Suggests Doubling Collateral-free Business Loans For MSMEs

Rashi Sood

June 21, 2019

An eight-member expert committee, constituted by the Reserve Bank of India, has reportedly suggested eliminating the requirement for collateral to avail loans (collateral-free business loans) of up to Rs. 20 lakhs for the MSMEs. Notably, the current ceiling for the…

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