Category Archives for Loans

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Legal & Technical Aspects in Loan Approval Process

The application and sanction of loan is not one-step process. It involves multiple steps and validation. If the track records and other validation are clear then it’s a simple process, if not then it’s going…
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How Banks Assess Credit Risk

Introduction “It costs money to start a business. Funding your business is one of the first and most important financial choices most business owners make. How you choose to fund your business could affect how…

Emergency Credit Line Guarantee Scheme (ECLGS)

Introduction: In view of the economic distress caused by the COVID-19 pandemic, the Finance Ministry unveiled a Rs. 20 Lakh Crore comprehensive package, known as the Emergency Credit Line Guarantee Scheme (ECLGS).  This package is…
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