No, it will not impact the credit score of the customer. As per the released regulation, the rescheduling of payments will not qualify as a default in customer’s credit bureau report.
Introduction: India has seen a massive boom in mutual funds over the past decade. Investors are now receptive to modern investment routes such as SIPs to reap the benefits of equity. Even then, tradit...
June 30, 2023
limit on FDs. This was a proposal by the Ministry of Finance, which has appealed to all the citizens of the country. In case of FDs, the interest earned up to an amount of INR 40,000 will be exempt fr...
June 30, 2023
Buying a car is a dream for many. To fulfil this aspiration, many, who may not have enough savings to buy their dream car in cash, take car loans from banks by paying a small down payment. Such car ow...
February 7, 2024