Ashavmedh Singh

Rajnish is a salaried professional in Pune. He applied for a personal loan to cover a medical emergency. All his documents were in place, displaying his steady income and stable job. Still, his application faced delays. When he checked his credit report, he noticed a ‘settled loan account’.

नॉन-परफॉर्मिंग एसेट (एनपीए) यानी बैंकों द्वारा दिए गए वे ऋण जिनका ब्याज या मूलधन 90 दिनों से अधिक समय तक न चुकाया गया हो। इसके माध्यम से बैंक के लिए आय बंद हो जाता है, जिससे लाभप्रदता कम होती है और बैलेंस शीट कमजोर हो जाती है। होती है। एनपीए को सब-स्टैंडर्ड, डाउटफुल और लॉस एसेट्स में विभाजित किया जाता है। एनपीए मुख्य रूप से 3 प्रकार के होते हैं। जैसे सब-स्टैंडर्ड (12 महीने तक एनपीए), संदिग्ध (12 महीने से अधिक) और लॉस एसेट (वसूली योग्य नहीं)।

A loan application is assessed not only on an income basis but also on previous lending behaviour. Before loans are given or interest charged, lenders consider extensive credit history.

This data is provided by a credit agency that maintains records of borrowing and repayment behaviour. To determine how lenders evaluate creditworthiness and decide whether to approve or deny a loan, it makes sense to understand credit bureaus. 

Anay Dixit is a financial analyst who plans his expenses smartly each month. However, in a specific month, he needed funds for an emergency medical bill. These expenses were beyond his earnings.

Instead of ignoring critical payments, Anay applied for a personal loan for monthly expenses to manage the temporary shortfall.

Personal loans are unsecured loans that do not require any collateral.

Let us understand how to use personal loan wisely to avoid future financial problems. 

Ravi does not think much when he sends money home. He opens his banking app, types the amount, and hits send. It has worked the same way for months. Then one evening, his mother calls and says the money has not come. His app shows “completed,” but nothing has reached her account.

That small gap is where confusion begins. If the bank shows success, where is the money stuck? To answer that, you need to understand what happens after you press send. 

When consumers deposit their money with the bank or take a loan from any financial institution, they expect the financial system to be stable and sound. Specific indicators...

In the financial world, health is everything. Just as a doctor monitors vitals to prevent illness, the Reserve Bank of India (RBI) uses Prompt Corrective Action (PCA) to monitor banks. So, what is prompt corrective action? It is a supervisory framework that allows the RBI to intervene when a bank’s financial health deteriorates. PCA in banking isn't about closing institutions; it’s about early detection. By catching red flags like falling capital...

Whether you are a marketer or an end user, you must have heard of terms like e-commerce and e-business.

While these terms are often used interchangeably, they are completely different concepts. Developing a thorough understanding of the difference between them enables organisations to design their digital strategies better.

Read on to know more about e-commerce, e-business and the key differences between the two. 

Have you ever issued a cheque that got bounced? This can be a difficult situation, and embarrassing too. Resolving this may require dealing with an additional fee or simply speaking to your banking representative about the issue, which is enough to make most people uncomfortable.