Tag: Banks

Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region hosted the second Dubai FinTech Summit (DFS) Dialogues this week, powered by the Innovation Hub. Heads of 10 leading regional banks and FinTechs were invited to unpack the challenges facing the financial sector and deliberate on how the industry can de-risk and build resilient, sustainable financial institutions. According to recent research by Report Ocean, the global FinTech Lending Market was valued at approximately USD573.05 bn in 2021 and is anticipated to grow with a healthy growth rate of more than ... Read more

In a written reply to a question in Rajya Sabha today, the Union Minister of State for Rural Development Sadhvi Niranjan Jyoti informed that the Loans are sanctioned by the banks in the name of Self Help Groups(SHGs). The distribution of loan to individual SHG members is done by the SHG, which is used by them for various activities. It is stated in the written reply that the loans outstanding to Self Help Groups (SHGs) as on 30th November, 2022 is Rs. 1,68,920.11 Crores.  The Loan repayment rate by SHGs to Banks is 97.71% as on 30th ... Read more

GREENVILLE, N.C. – Feb. 21, 2022 – PRLog — CENTURY 21 The Realty Group announced a change of ownership, in effect starting Feb. 14, 2022. Varthak Ventures is a boutique investment company based in Kitty Hawk, N.C. that owns real estate sales, real estate development, construction, and hospitality businesses. Greenville Realty Group, a part of Varthak Ventures, has acquired CENTURY 21 The Realty Group in Greenville, N.C. CENTURY 21 The Realty Group has been a successful full-service real estate company in Greenville, N.C. since 1990. The company is well-known for providing professional and dependable real estate services. Its main office ... Read more

JACKSONVILLE, Fla. – May 11, 2021 – PRLog — CJC Lending Services LLC Jacksonville Florida CJC Lending Services LLC Offers Low-interest loans to Entrepreneurs Nationwide Entrepreneurs can now Secure Low-Interest Business Loans Faster Nationwide, businesses need finance to expand or develop new projects. Businesses find it hard to access low-interest loans faster thereby leading to financial choke holds. CJC Lending Services LLC now offers businesses access to lenders deep pockets faster. They help businesses push back on the rates and fees to ensure they are paying the lowest rates available, without having to pay excessive closing and banking fees. They ... Read more

Oracle has delivered two new cloud-native services that simplify the complex, fragmented processes that have hamstrung corporate banking. With Oracle Banking Corporate Lending Process Management Cloud Service and Oracle Banking Credit Facilities Process Management Cloud Service, banks can speed the completion of everyday activities, such as loan and credit processing. Built on the performance and scalability of Oracle Cloud Infrastructure (OCI), the offerings help banks grow their business and deliver exceptional customer service whilst reducing operational costs. “In the coming years, it’s estimated that corporate banks will derive up to 30%[1] of their revenue from digital channels,” said Sonny Singh, ... Read more