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Tag Archives: loans

Loans worth more than Rs 1 Lakh crore disbursed under ECLGS

Under the 100% Emergency Credit Line Guarantee Scheme (ECLGS) backed by a Government of India guarantee, Banks from Public & Private Sectors have sanctioned loans worth over Rs. 1.5 lakh crore as of 18th August, 2020, of which more than Rs 1 lakh crore has already been disbursed. The ECLGS was announced by ... Read More »

HDFC Bank launches Digital Loans against Mutual Funds (LAMF)

Udaipur : In a first in the country, HDFC Bank today launched its Digital Loan against Mutual Funds (LAMF), in partnership with transfer agent CAMS. Customers can now pledge mutual fund assets online and get overdraft limit set in their account in under 3 minutes. Customers can now avail of this ... Read More »