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Page 8 - Loan Repayment

Covid-19 crisis: UBI sets up emergency funding window for corporates, MSMEs

All MSME/agriculture borrowers are eligible for a loan up to Rs 10 crore and others up to Rs 50 crore

Covid-19 crisis: UBI sets up emergency funding window for corporates, MSMEs
Updated On : 26 Mar 2020 | 12:11 PM IST

Covid-19 impact: Amazon won't require sellers to repay loans until April 30

Merchants of popular items from toys to apparel have worried that the temporary ban on stocking goods in Amazon warehouses

Covid-19 impact: Amazon won't require sellers to repay loans until April 30
Updated On : 26 Mar 2020 | 9:04 AM IST

Defaulted on a loan? Here's how you can deal with the burden of repayment

Don't be afraid to approach the lender for loan restructuring

Defaulted on a loan? Here's how you can deal with the burden of repayment
Updated On : 14 Jan 2020 | 1:05 AM IST

MFIs managing risk by turning to tech innovation to ensure loan repayment

The technological interventions were necessitated by the increasing cases of defaults in the microfinance segment

MFIs managing risk by turning to tech innovation to ensure loan repayment
Updated On : 11 Dec 2019 | 11:38 PM IST

Why borrowers should move to longer-tenure loans to escape debt trap

Those who have loans running should set up a contingency fund

Why borrowers should move to longer-tenure loans to escape debt trap
Updated On : 21 Aug 2019 | 9:53 PM IST

Credit rating agencies likely to get access to loan default details

At present, banks do not share with CRAs details of a company's existing and future borrowing

Credit rating agencies likely to get access to loan default details
Updated On : 19 Aug 2019 | 1:48 AM IST

Planning to pay off loan before time? Here is what works in your interest

Foreclosing a loan other than floating-rate home loan attracts foreclosure charges, which can range between 2 per cent and 6 per cent

Planning to pay off loan before time? Here is what works in your interest
Updated On : 05 Jul 2019 | 12:49 AM IST

Repay higher-cost loans first to reduce interest burden

Consolidating several loans into one that has a lower interest rate and using increments and bonuses to pay off loans will also help you tackle high leverage

Repay higher-cost loans first to reduce interest burden
Updated On : 13 May 2018 | 7:03 AM IST

Loan repayment difficulties? Unlock value of other assets

Other options for businessmen include loan restructuring and consolidation

Loan repayment difficulties? Unlock value of other assets
Updated On : 19 Oct 2017 | 8:25 PM IST