Most banks and NBFCs offer unsecured business loans where the borrower is not supposed to provide any collateral or guarantee. However, it becomes difficult for some borrowers because few financial institutions require collateral in the form of goods, commodities, stocks, machinery, or equipment for certain loans related to business operations. Borrowers prefer an unsecured business …

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The central bank has decided to increase the advance limit it gives to states and UT for forms and funds (WMA) by 30%. On Wednesday, RBI gave exporters more time to collect and return payments for goods and software sold to foreign buyers in India as the central bank announced new measures to deal with …

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