Browsing Category
Online lending
Innovative Fintech platform creating high yield lending opportunities
“We are delighted to present to you Montfort as a leading innovator in specialty private credit," said mike walkinshaw , CEO of Corporation Montfort Capital. "Counting ongoing acquisitions, our business will have more than tripled…
Listening to end loneliness in Japan
Watch Waiting for a God at 9:30 p.m. Tuesday or stream via .This story contains a reference to suicide.Koki's story"In the past, I had problems, I was in pain, and every day felt like hell," says Koki Ozora.When his parents divorced while…
Ready in digital mode
Today, the scenario is rapidly changing, where, among other things, the systems and procedures that govern the banking system are undergoing a transformation, with technology playing a crucial role. In other words, with the advent of…
A US loan company is the victim of a data breach. Vice Society claims responsibility for the…
In one look.A US loan company is the victim of a data breach.Vice Society claims responsibility for the Palermo cyberattack.Medical data breaches are rampant in Arizona.Seattle Cancer Center reports data breach.A US loan company is the…
Lending activity fell in the first quarter
A report found that overall residential lending fell 32% between the first quarters of 2021 and 2022, with refinance lending falling 22% and mortgage lending down 18%.
Throughout June, we dig deeper into mortgages and securities –…
The Alternative Data Powering Small Business Loans and Top U.S. Consumer Lenders – Tearsheet
Alternative data powers SME lending
Historically, the small business sector has been difficult to insure through traditional methods, but its complexities are beginning to be understood through the power of…
Digitization in loan market segments by deployment; By Type and Region – Global Market Size,…
ReportLinkerProduct Overview The innovation in the process of lending and borrowing done digitally without the use of documents is the digitization of the loan. Digitization allows lenders to target end users through offers in real…
Mascoma Bank selects Upstart for personal loans
LEBANON, NH & SAN MATEO, Calif., June 02, 2022--(BUSINESS WIRE)--Mascoma Bank, a $2.6 billion mutual bank and Certified B-Corporation® serving northern New England, today announced its partnership with Upstart (NASDAQ: UPST) , a leading…
Regulatory uncertainty regarding crypto asset lending in Canada
Over the past year, eight crypto asset trading platforms (“CTP”) became regulated as investment dealers in Canada. These CTPs operate online platforms that allow Canadian residents to buy, sell, and hold crypto assets. In contrast, no…
Tolentino to push for law prioritizing loaning athletes for major events – Reuters
Sports / Others / Tolentino to push for law prioritizing loaning athletes for big events
Tolentino to push for law prioritizing loaning athletes for big events
Philippine Olympic Committee (POC) President Bambol Tolentino…
Truework, Plaid, Team on Consumer Lending Tool
Employment and income verification solution Truework has partnered with Plaid to expand its consumer loan offering, Plaid Payroll Income.
In an announcement on its website Friday, May 27, Truework said the partnership involves integrating…
Clarien Bank raises base lending rates
Effective June 1, 2022, Clarien will adjust its Bermuda dollar base rate by 50 basis points following the US Federal Reserve's rate hike earlier this month.A spokesperson said: “The Bermuda dollar base rate will increase as…
RIBBIT ANNOUNCES REVEALEDAFFORDABILITY® BANKING BEHAVIOR TECHNOLOGY TO ENABLE SMARTER LENDING…
OXFORD, Ohio, May 25, 2022 /PRNewswire/ -- RIBBIT, the experts in banking behavior, announces RevealedAffordability® technology - a bank account accessibility solution that powers a suite of rogue and consumer-authorized data products -…
Average lending rate rises to 21.6% in April 2022 – BoG
The average commercial bank lending rate rose to 21.6% in April 2022 from 20.57% in March 2022, the Bank of Ghana has revealed.This equates to 1.8% loan interest per month.However, the average lending rate varies across banks and respective…
NDC Community Impact Loan Fund launches new loan initiative in partnership with Cuyahoga County
“The Community Impact Loan Fund aims to give minority-owned businesses access to loans and aligns with our goal of improving the county's economic development in innovative…
EBA publishes opinions on non-bank lending activities
In recent years, non-banks have changed the credit landscape in the European Union ("EU”). Fintech lending platforms and other non-bank lenders (including Bigtechs) have entered and disrupted lending markets.
Credit intermediation by…
Florida Digital Lending Market | Fundamental Dynamics and Comprehensive Assessment to 2030 –…
According to the Market Statsville Group (MSG), the Florida Digital Lending Market it is estimated that the size goes from $5.2 billion in 2021 for $18.1 billion by 2030to CAGR of 16.9% from 2022 to 2030. Consistent credit…
The online loan market is booming around the world
According to research experts from Qurate Research, "Global Online loan Market 2022 Insights, Size, Sharing, Growth, Opportunities, Emerging Trends, Forecast to 2028.” The study is an anthology of in-depth studies on many…
Zimbabwe halts bank lending in bid to halt currency decline | Economic news
The Zimbabwean government on Saturday ordered banks to stop lending with immediate effect in a move Harare said was aimed at stopping speculation against the Zimbabwean dollar and was part of a series of measures aimed at halting its…
Innovative music lending library founder used ‘every class’ at Sac State to realize his…
By Jonathan Morales
May 06, 2022…
Robinhood launches stock lending program as part of income diversification
The Robinhood logo is seen on a smartphone in front of a same logo displayed in this illustration taken July 2, 2021. REUTERS/Dado Ruvic/IllustrationJoin now for FREE unlimited access to Reuters.comRegisterNEW YORK, May 4 (Reuters) -…
Gadkari offers priority sector loans to alternative fuels players
Union Minister Nitin Gadkari on Monday said there was a need for players in the alternative fuels sector to benefit from priority sector loans. The minister said he would…
Online Loan Market Will See Huge Growth By 2027: Zopa, Daric, Pave
This press release was originally distributed by SBWire
New Jersey, USA - (SBWIRE) - 04/28/2022 - The latest published study of the Global Online Lending Market by AMA Research assesses the market size, trend and forecast to 2027. Online…
The loan cabinet is getting ready to celebrate National Volunteer Week!
Staff members at The Lending Cupboard are gearing up to celebrate our volunteers in style during National Volunteer Week (April 24-30).
It's no secret that our mission of providing medical equipment to the people of central…
SoFi to Revise Lending Policies to End DACA Bias Combination
By Alyssa Aquino (April 21, 2022, 1:21 p.m. EDT) — Online lender SoFi will revise its lending policies to provide credits and loans to Deferred Action for Childhood Arrivals recipients and Conditional Permanent Residents at same…
SALT launches Crypto Lending-as-a-service; announces Cion Digital as first partner
GlobeNewswire2022-04-21 Partnership will bring point-of-sale crypto lending solutions to over 5,000 car dealershipsDenver, CO, April 21, 2022 (GLOBE NEWSWIRE) -- (via Blockchain Wire) SALT and Cion Digital today announced a…
Funding Circle Partners with Pitney Bowes for Small Business Loans
Funding Circle last month announced a partnership with global direct mail company Pitney Bowes Inc. to provide loans to small business customers, with a greater focus than ever on integrated financing.
Senior…
Commercial Lending Software Market Size, Share and Growth 2022-2029 | Key Players – Finastra,…
New Jersey, United States,- The Global Commercial Lending Software Market is comprehensively and thoroughly examined in the report, focusing on the competitive landscape, regional growth, market segmentation, and market dynamics. For…
Google Play will strengthen the filtering of lending applications
Tech giant Google is adopting a tougher approval process for online lending apps in the Philippines, as recommended by the Securities and Exchange Commission (SEC), as part…
An Uber for Asset-Backed Lending – Is the Future of Secured Lending Branchless?
In today's technologically advanced world, lending has reduced the complexities of a time-consuming process from…
FRANKLIN BSP LENDING CORP: Entry of Material Definitive Agreement, Financial Statements and…
Section 1.01 Entering into a Material Definitive Agreement.
On April 1, 2022, Franklin BSP Credit Society (the "Company") has entered into stock purchase agreements with certain investors (collectively, the "Purchase Agreements") and…
Lending Yay is giving small businesses a helping hand and helping them thrive with easy lending…
Lending Yay helps small business owners' dreams come to life with their one-of-a-kind business loan options
Access to financing remains one of the biggest challenges for small businesses, among many others, cited by many entrepreneurs.…
Derrail Lending Introduces Rapid Business Loans for Enhanced Growth
"Derrail's Alternative Lending Services"
Depending on your needs, I can fund loans up to $2 million today. For a free quote, please read the requirements below and, if you qualify, apply for free!
Derrail Lending is the name of the…
The shed set up in the town of W.Va. is ‘like a tool lending library’ | national
The country
united states of americaUS Virgin IslandsU.S. Minor Outlying IslandsCanadaMexico, United Mexican StatesBahamas, Commonwealth ofCuba, Republic…
CS urges banks to increase lending for increased economic activity
Saying that the credit crunch is a big drag on a growing economy like J&K, Chief Secretary Dr Arun Kumar Mehta today called on banks to increase lending to allow J&K to maintain momentum ongoing growth.
He said rising tourist…
Online Lending Market Analysis by Major Key Players 2022-2030
New Jersey, United States,-The Online Loans Market reports study a variety of parameters such as raw materials, cost, technology, and consumer preferences. It also provides important market identification information such as history,…
SEC revokes Cashtrees license for violating moratorium on new online lending platforms │ GMA News…
The Securities and Exchange Commission (SEC) revoked the license of Cashtrees Lending Corp. for operating online lending platforms despite a moratorium issued by the business regulator. In a statement Thursday, the SEC said its…
Report on Embedded Lending Markets and Investment Opportunities in Africa and the Middle East…
DUBLIN, March 22, 2022--(BUSINESS WIRE)--The Africa & Middle East Embedded Lending Business and Investment Opportunities - Q1 2022 Update report has been added to from ResearchAndMarkets.com offer.According to the Fourth Quarter 2021…
50+ KPIs across integrated lending, insurance, payment and wealth segments, 2020-2021 and 2022-2029
company logoDublin, March 18, 2022 (GLOBE NEWSWIRE) -- The report "China Embedded Finance Business and Investment Opportunities Databook - 50+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments - Q1 2022 Update" has been…
FinTech platform YouHodler lists five new metaverse tokens for staking, lending and trading
YouHodler, a FinTech platform focused on crypto-backed lending, stablecoin lending, crypto exchange, crypto savings accounts, and crypto trading has announced the listing of several new Metaverse tokens on the platform. For all…
Global P2P Lending Market Report, Growth Insights, In-Depth Research and Segment Analysis
the P2P lending market The report covers the entire global market scenario including key players, their future campaigns, preferred vendors, market shares along with historical data and price analysis. It continues to offer key details on…
P2P Lending Market Trends by 2026 with Top Key Players – Prosper, Funding Circle, Peerform,…
This Global P2P Lending Market is an attempt to analyze the global opportunities in the field of the global industry, its current capabilities and the potential of the selected countries and regions in the market. The report to…
Trenton Concert in aid of Stirling Musical Instrument Lending Library
Content of the article The Stirling MILL, as it is known, now has satellite locations at many local libraries, including that of Quinte West, which in spring 2021 became the first. Instruments can be picked up and dropped off at these…
MSME loan slips fall to 463.13 billion pesos in 2021
MANILA, Philippines — Lending by banks in the Philippines to micro, small, and medium-sized enterprises (MSMEs) fell 3.6 percent to 463.13 billion pesos in 2021 from 480.5 billion pesos in 2020, as the sector has yet to fully recover from…
Targeted Lease Capital, LLC Announces Name Change to Targeted Lending Co., LLC
BUFFALO, NY – March 8, 2022 – (Newswire.com)
Targeted Lending Co., LLC, a leader in commercial equipment financing, announced that it has changed its name from Targeted Lease Capital, LLC and launched its new interactive website…
Ways fintech has changed the world of lending
It is undeniable that the world of loans has changed dramatically over the years. Although this is primarily due to the widespread nature of the internet and the popularity of effective online lending solutions, there are a…
Green lending criteria will support low-emission buildings
Well-positioned BC buildings thanks to electrification push
A new construction finance program from Vancity Credit Union encourages green buildings through preferential lending terms.
Vancity quietly launched the low-carbon…
Housing market slows as lending becomes restrictive
Strict lending rules have led to a continued decline in mortgage conversion rates in Otago and Southland, according to the latest figures.Data released by lending firm Centrix today revealed that mortgage approvals fell to 34% nationwide!--break-->…
Aquila expands into the vertical lending market with the acquisition of
TORONTO, March 01, 2022 (GLOBE NEWSWIRE) -- Aquila today announced the acquisition of Lead Envy, LLC (“Tekambi”), a financial technology provider providing underwriting and decisioning software solutions to the lending industry to…
Do not invest with Royal Gardens Network, Hubtel Mobile Lending; they are fake – EOCO warns
The Economic and Organized Crime Office (EOCO) has warned the public about two online investment companies operating Ponzi schemes.A statement released by EOCO public affairs manager Faustina Lartey on February 24 said that companies called…
First Quarter 2022 Update on Embedded Lending Business and Investment Opportunities in Europe:…
DUBLIN, February 24, 2022--(BUSINESS WIRE)--The "Europe Embedded Lending Business and Investment Opportunities - Q1 2022 Update" report has been added to from ResearchAndMarkets.com offer.The European embedded lending industry is expected…
Are you planning to buy shares in Li Auto or a loan tree?
Analysts and brokerage firms often use ratings when issuing stock recommendations to stock traders.
Analysts arrive at stock quotes by researching public financial statements, communicating with executives and clients, and…
Credit unions make a splash in student loans
Source: Shutterstock.
Splash Financial said Wednesday that its student loan volume grew last year, and it called out two credit unions, among others, for contributing to its results.
The Cleveland, Ohio-based company provides an online…
Credit to individuals: can the BNPL still operate after the pandemic?
Although not an entirely new concept, BNPL has seen a surge during the pandemic.
Teodor Blidarus, CEO and co-founder of FintechOS, questions whether buy now, pay later…
Restoration architect: companies lend a hand to restoration architects to preserve abandoned places…
Abha Narain Lambah knows when to leave a stone unturned. This is a rare quality among restoration architects. Six years ago, she received an order from the government of Rajasthan to restore the abandoned and ruined Kuldhara, the 13th…
Expanding Online Small Business Loans Help Black-Owned Businesses and Other Small Businesses
Small business lending continues to improve steadily, but at a slow pace. While the rebound in percentage approval rates for small business loan applications pales in comparison to the pre-pandemic highs recorded in February 2020, the…
Online Lending Market Outlook by 2030
New Jersey, United States,-The latest report published by Market Research Intellect presents an in-depth analysis of the global online lending market. This research report assesses ever-changing market dynamics that are expected to…
Commercial Loan Market to Reach $29.37 Billion Globally by 2030 at a CAGR of 13.1%: AMR
PORTLAND, Oregon., February 16, 2022 /PRNewswire/ -- Allied Market Research recently released a report titled, “Commercial Loans Market by Type (Unsecured Loans and Secured Loans), Company Size (Large Enterprises and Small & Medium…
Fintech company Sharegain raises $64 million for a securities lending platform
The Israeli startup has developed a securities lending-as-a-service (SLaaS) solution, which allows online brokers, private banks, asset managers and custodians to lend their stocks, bonds and ETFs. Meir Orbach…
45 Filipinos and 1 Chinese national behind online loan scam arrested in Pasig city – Manila Bulletin
News / Metro / 45 Filipinos and 1 Chinese national behind online loan scam arrested in Pasig City
45 Filipinos and 1 Chinese national behind online loan scam arrested in Pasig City
Approximately 45 Filipinos and a Chinese…
Online loan applications on police radar
Tirupati: With a growing number of complaints on online money lending applications, the Urban Police District's Cybercrime Wing, which is fully equipped with the latest tools to thwart online fraud, has recorded FIRs on approximately 50…
Government has zero tolerance for illegal online lending: minister
This step should be supported by opening up access to complaints from the public. The active participation of the community in reporting this illegal act is an integral part of the management of the loan policy to be developed by…
Pharrah Jackson-Rowell Joins Greystone’s Affordable Lending Team as Vice President,…
Greystone, one of the nation's leading commercial real estate finance companies, announced that company veteran Pharrah Jackson-Rowell has taken on a new role as vice president and loan originator within the company. company's…
What does 2022 hold for the seniors’ loan market?
"Our push towards a £6/8/10 billion lending market is already making great strides and I have no doubt that 2022 will be a tremendous stepping stone to a fantastic future for this lending space"
When…
ASG lends a hand, offers book loans – The Rampage Online
The Associated Student Government of Fresno City College is again offering a book loan to help defray the cost of books for approved students.
Once per semester, ASG provides a $100 book loan to students in need. Each student receives a…
Regulator updates rules on DeFi lending, staking
The UK tax agency has updated its rules on how to tax income from decentralized finance (DeFi) lending and staking in proof-of-stake networks, the mechanism used to validate cryptocurrency transactions. cryptocurrency
Her Majesty's Revenue…
SEC plans to cap interest rates charged by loan companies
MANILA – The Securities and Exchange Commission said Thursday it has issued a draft circular memorandum to cap interest rates and fees charged by loan companies, finance companies and their online lending platforms (OLPs). ).
The…
Predatory Lending: The Cautionary Tale of a Montclair Business Owner
At Café Moso late last year, Sen. Robert Menendez, right, announced new legislation requiring more disclosures for small business loans. He was accompanied by Cafe Moso owner Zina Floyd, who said she was the victim of a predatory…
Lending probe investigative leads made public
Details of the impending investigation into tough new lending laws have been revealed.Late last year, the government introduced amendments to the Credit Agreements and Consumer Credit Act (CCCFA) which were aimed at cracking down on loan!--break-->…
Are non-bank lenders able to fill the mortgage gap?
Non-bank lenders are reporting an increase in mortgage applications following the new lending rules, but such applications are not guaranteed to be successful, said Lyn McMorran, executive director of the Financial Services Federation.…
Average lending rate remains in the 20% range, but is falling slightly – BoG
The average lending rate remained within the 20% range although it fell slightly to 20.04% in November 2021 from 20.17% in October 2021, the economic and financial data summary published by the Bank of Ghana.According to the data, the…
Ascend Raises $30M Series A, Secures $250M Loan Commitment to Boost Modern Insurance Payment…
NEW YORK, January 27, 2022 /PRNewswire/ -- Rise, the leading modern insurance payments platform, today announced that it has raised a $30 million Series A in equity, bringing total funds raised to $39M accompanied by a $250 million loan…
CBN Holds Lending Rate at 11.5% – :::… The Tide News Online :::…
The Federal Government (FG) says it has developed plans for the full roll-out of autogas at service stations and the conversion of 200,000 commercial vehicles to gas this year.This was revealed during a meeting with oil traders in the…
Lending is easy for Slice, earning is not.
At the end of 2021, a few months after his new position as an analyst at the consulting firm Bain, Pranav Manie, 22, decided to get his first credit card. A client of HDFC Bank, he reviewed the bank's offers and began the…
Consumer Financial Protection Bureau will review private student loans
Diving brief:
The Consumer Financial Protection Bureau will review the operations of colleges that offer private loans directly to students, he said Thursday.
The CFPB is updating its review procedures to review a category of loans often…
KeyBank increases the number of loans with the help of the digital lending platform
KeyBank continues to reap dividends from its 2019 acquisition of online lending company Laurel Road, citing the transaction, along with residential mortgages, as a key driver of its recent consumer loan growth.
Photographer: Ty…
FTSE 100 Live January 20: Nasdaq in correction territory, China lowers its lending rate, shares of…
1642695686Shell boss slams Dutch emissions decision as 'tough blow'Shell CEO Ben van Beurden described a court ruling in The Hague ordering faster and deeper cuts in the company's carbon emissions as a "crushing blow".In remarks likely to…
Power Finance Corp and REC cut lending rates on all loan types
State-run non-bank financial companies - Power Finance Corporation (PFC) and REC Ltd - cut their lending rates for all types of loans by 40 basis points.
PFC and REC Ltd have further reduced their lending rates for all types of…
Lending club: 2021 was the year of transformation
2021 has opened customers' eyes to the possibilities of digital-first banking. In 2022, says Anuj Nayar, Financial Health Manager at Lending Club, we can only expect their demand for experiences tailored to their financial journeys to…
SEC Revokes Fynamics Lending Inc. License – Manila Bulletin
The Securities and Exchange Commission (SEC) has declared final and binding the revocation of Fynamics Lending Inc.'s Certificate of Authority (CA) to operate as a loan company.
In a statement, the SEC said it comes after…
Zack Snyder returns to fashion after supporting ‘Peacemaker’
Photo by Mike Coppola/Getty Images
Following James Gunn's revelation that DC's stunt coordinator Peacemaker, Wayne Daglish, was recommended to him by none other than DC alum Zack Snyder, fans online are once again calling…
Enigma Launches New Lending Platform To Help Small Businesses Get Loans
NEW YORK, January 12, 2022 / PRNewswire / - Enigma, a data science company that provides comprehensive information on the financial health and identity of more than 30 million U.S. businesses, announces the spin-off of Prime, a lending…
Investor wants FG to subsidize bank’s interest rate for agribusiness loans
Harvest Feeds Agro-Processing President Goke Adeyemi has called on the federal government, through the Central Bank of Nigeria (CBN), to subsidize the interest rate of commercial banks lending to farmers and agribusinesses.
Adeyemi…
Public Sector Banks Mission to Increase Footprint and Improve Priority Sector Lending at JK –…
JAMMU: Chief Secretary Dr Arun Kumar Mehta and Reserve Bank of India Deputy Governor MP Jain co-chaired the "J&K UT Level Bankers Committee Special Meeting" on Friday to review measures taken by banks to improve credit flows to…
MeridianLink: Custom Integration Strategies for Digital Lending
As more and more consumers demand mortgagesand consumer loansOnline, it's more important than ever for banks and credit unions to use targeted digital strategies for onboarding as well as meeting consumer demands…
How Fintech Startups Are Replacing the Old Traditional Lending System – Gaurav Anand
FinTech moves towards a banking license sooner or later and can be a huge market for loans and investments.
!-->!-->…
Securities lending markets up 21% in 2021, generating $ 9.28 billion in revenue
Copyright 2022 PR Newswire. All rights reserved2022-01-04
NEW YORK, January 4, 2022 / PRNewswire / - The global securities lending industry has generated $ 9.28 billion revenue for lenders in 2021, according to DataLend, the fintech…
Bank loans rise in November as businesses turn bullish
BANK LOANS increased for a fourth consecutive month in November as businesses became more optimistic about the recovery of the Philippine economy.
The outstanding loans issued by major banks rose 4% year-on-year to…
Tribal Lending Positions Online Obstacle To Effective Payday Rules
Tribal Lending Positions Online Obstacle To Effective Payday Rules
Take legal action and you will condition the government to speak candidly about your tribal paycheck finance business product. 1 Tribal…
In Egypt, loan apps stimulate cash-strapped women entrepreneurs
Egyptian businesswomen face high microcredit ratesTo cope, many are turning to online lending circlesNew apps offer a lifeline in a pandemicCAIRO, December 30 (Thomson Reuters Foundation) - Nagat Mohamed was in dire straits. After sales…
Lending rate cap begins next week
Lawrence Agcaoili - The Filipino StarDecember 28, 2021 | 00h00
MANILA, Philippines - The prescribed cap on interest rates, fees and other charges for specific loan offerings from loan companies, finance companies and online lending…
Launch of the digital version of “Securities techniques for bank loans”
The digital version of MCV Rajanathan's “Securities Techniques for Bank Lending” publication was launched in the auditorium of the Institute of Bankers of Sri Lanka (IBSL) under the patronage of IBSL Director General Karunatilleke. The…
BSP caps nominal interest rate on loans and finances companies at 6% │ GMA News Online
Starting in January, loan and finance companies and their online lending platforms will only be able to charge a maximum nominal interest rate of 6% per month, the Bangko Sentral ng Pilipinas (BSP) announced Thursday. BSP Governor…
Thousands of Payday Loan and Home Loan Debt Canceled for Satsuma and Provident Clients
THOUSANDS of customers who have taken out payday loans and borrowed money through the home loan have had their debts written off.
Anyone with an outstanding loan from Provident or Satsuma will no longer need to repay what they owe.…
Give a hand; comfort food from Latin America in Montclair (Robin’s Nest)
Melissa DiMarco at work, helping to clear out a house for sale. (ROBIN WOODS)By ROBIN WOODSFor the Montclair localHave you ever met someone who you immediately pick up on, like you've known them for years? There was an instant connection…
Treasury grants $ 8.7 billion for loans to minority communities
WASHINGTON (AP) - The US Treasury Department on Tuesday announced the release of $ 8.7 billion to help increase lending to small businesses and people belonging to minorities and to people living in the poorest communities with a limited…
Bank of Maharashtra cuts personal loan rates by up to 40 basis points
Facing competition from its financial colleagues, state-owned Bank of Maharashtra (BoM) has lowered interest rates on loans to individuals - home and vehicle - by as much as 40 basis points. The revised rates are linked to the…