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Bali also discussed the huge opportunities in hotel financing in the Tier-II and Tier-III cities. Edited excerpts:
What are TFCI's new focus areas for funding?
Over time, in addition to tourism, which continues to be our core area of funding, we have also expanded into funding real estate, including residential real estate and construction projects. We also provide finance for commercial buildings and the manufacturing sector. We fund educational institutions and hospitals as well. Recently, we have introduced a new initiative to provide small personal loans with a tenure of three months.
These loans are primarily targeted at non-MFI segments, such as salaried-class individuals, who can repay the loan within the three-month period. We offer these personal loans through our technology partner PayMe India.
Denne historien er fra November 20, 2024-utgaven av Business Standard.
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Denne historien er fra November 20, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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It's a new cover story
A hike in banks’ deposit insurance may be on the» anvil as a periodic review and revisit of a risk-based approach are discussed.
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It's a new cover story
A hike in banks' deposit insurance may be on the anvil as a periodic review and revisit of a risk-based approach are discussed, reports Raghu Mohan
Women Achievers to Take Over PM's Social Media Accounts to Mark Women's Day
Calling on people to celebrate and respect the indomitable spirit of women, Prime Minister Narendra Modi said on Sunday that he will hand over his various social media accounts to women achievers from different walks of life to mark the International Women's Day on March 8.
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Tough times ahead for banking sector
Banks have been able to rein in bad loans but are now staring at a drop in low-cost funds and shrinking net interest margins
'Constant policy changes don't help make investment decisions'
India is among the largest growth-contributing markets for Bacardi globally.
Pakistan's Newest Airport Is Bit of a Mystery
The $240 Million Project in Gwadar Remains Unused With No Passengers, Flights
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Coffee prices soar to 50-year high
Climate change pushes up production costs
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Makhananomics Spices Up Bihar's Political Battle
With Chouhan's outreach to makhana farmers on eve of PM's visit and Union Budget boost for the state, BJP-led NDA gears up to return to power in its stronghold. HARSH KUMAR writes
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Surat rings loud in ultra-premium smartphone surge beyond metros
If you assumed that ultra-premium smartphones—priced at ₹45,000 and above—were largely confined to India's big metros and Tier-I cities, think again.
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Long live the mad bull market
From their peaks between late September and early December, various market indices have fallen sharply.