Kamana Mishra

One of the most crucial criteria in getting the best credit cards, quick loan approval, and the capacity to negotiate interest rates is the credit score. The likelihood of gaining all of these benefits increases with higher credit scores. It is significant to note that although a borrower with a low credit score may be approved for a loan or credit card, the loan or credit card will come with a higher interest rate. It is essential to first comprehend the causes of a low credit score before taking action to raise it in order to prevent circumstances that result in higher loan interest rates or challenges during the loan/credit approval procedure. What is a Good credit score? A borrower's creditworthiness is shown by a three-digit numerical summary called a CIBIL score. It is determined by the borrower's current income, credit history, financial situation, and other criteria. The range of credit scores is 300 to 900. A credit score between 750 and 900 is regarded as outstanding...

India is currently a developing market in the world and is home to millions of small and medium-sized businesses. These small and medium-sized businesses continue to be an important source of employment for a sizable section of India's population and contribute significantly to GDP growth.  The government and RBI launched a number of small business lending programmes to support the growth of these industries and businesses since they understand the significance of SMEs. As the name implies, a small business loan is finance given to organisations, typically ones that are small or medium-sized, for the operation of the firm without requiring any equity to be given up. Comparatively speaking, a small business has fewer employees, lesser income, and less need for working capital. A small business loan in India can be used for a variety of things, including operating and growing the company, purchasing inventory and equipment, and paying for office costs. Small company loans are the be...