Skip to main content

Card machines emerge as new agents for l...

Card machines emerge as new agents for loans

(This story originally appeared in on Oct 31, 2020) MUMBAI: The card swipe machine is replacing the in-store finance executive. Not only are banks extending personal loans against card swipes, but customers in the smallest of towns are making purchases with zero-interest EMIs. This is because vendors like mobile manufacturers are able to provide interest […]

SMEs witnessed the sharpest decline in u...

SMEs witnessed the sharpest decline in urban locations: Motilal Oswal Financial Services

MUMBAI: Despite the government and Reserve Bank of India efforts to push credit to micro small and medium enterprises, it witnessed the sharpest decline in the urban locations as per an analyst by Motilal Oswal Financial Services. State wise distributor showed that Maharashtra reported the sharpest decline, followed by Gujarat, while Chhattisgarh and Bihar witnessed […]

Food delivery volumes in India reach pre...

Food delivery volumes in India reach pre-COVID-19 peaks: Deepinder Goyal, CEO, Zomato

NEW DELHI: The food delivery volumes in India have reached pre-COVID-19 peaks, Zomato Founder and CEO Deepinder Goyal said on Monday. He also said it is anticipated that the food delivery sector will continue to grow at around 15-25 per cent month-on-month for the foreseeable future. “Happy to share that India food delivery volumes have […]