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When it comes to applying for a personal loan, the importance of CIBIL score goes hand-in-hand. It is one of the parameters on the basis of which, the bank or the lender would decide when to approve the application of a personal loan or not. For the first time applicant of a personal loan, a […]
Looking at the increasing demand for consumer loans, last month in August, the Reserve Bank of India reduced the risk weight on the loans, thereby making these loans cheaper. With this move, consumer durable loans such as credit card, personal loan, auto loan and others are all set to become affordable. Read below to understand […]
We are living in the digital era, companies are rushing towards using the latest technology to enhance their business. Almost every sector has marked Artificial Intelligence as a digital strategy to grow their business. The banking sector has started using automation and artificial intelligence in the form of chatbots, and this has been the latest […]
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Banking is an ancient concept that started in 2000 BC in the empires of Assyria and Babylonia. During this time, grain merchants stored harvests produced by farmers. Then banking evolved as the use of coins became the global norm. Today, banks store currencies for their clients after the clients’ open accounts with them and then […]
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