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07 Oct 2022

Government notifies credit guarantee scheme for startups

DPIIT said that loan/debt facilities sanctioned to an eligible borrower on or after October 6, would be eligible for coverage under the scheme. This scheme would help provide the much needed collateral-free debt funding to startups, it added. These institutions should also have to closely monitor the borrower account.

06 Sep 2016

Snapdeal offers Rs 1,000 cr collateral-free loans for sellers

Online marketplace Snapdeal has announced collateral-free loans worth Rs 1,000 crore for its sellers ahead of the festive season to enable them to stock up adequately.

05 Oct 2015

Women cash in on collateral-free loans offered by Mudra Bank

The bankers said that a majority of the loans are from street vendors, tea stall owners, beauty parlour and boutique owners or for purchasing auto rickshaws or setting up a repair shop.

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