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Wednesday, August 21, 2024

Paisabazaar makes shift to secured loans

Paisabazaar shifted its focus from unsecured to secured lending due to RBI's new directions. The firm partnered with 25 lenders for secured loans and aims to be a leading home loan platform. It plans to deploy 300 field staff in major cities and offer various secured loan products, reflecting market trends.

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Mahindra to acquire nearly 59% of SML Isuzu for Rs 555 crore

Mahindra & Mahindra Ltd. has announced its strategic move to acquire approximately 59% stake in SML Isuzu for Rs 555 crore, purchasing s...