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25 Common Mistakes in Project Reports That Cause Bank Loan Rejection

Finance : The article explains the most frequent errors in project reports, including unrealistic projections and incorrect financial calcul...

May 10, 2026 891 Views 0 comment Print

Business Loan EMI Calculator: Plan Repayments and Avoid Penalties

Finance : Learn how EMI calculators help businesses estimate repayments accurately and avoid financial strain. The key takeaway is improved ...

March 30, 2026 333 Views 0 comment Print

Gold Loans Made Easy: Use a Gold Loan Calculator to Know How Much You Can Borrow

Finance : Use a Gold Loan Calculator to estimate your maximum loan amount based on gold purity, weight, and RBI's LTV ratio. Check eligibili...

October 14, 2025 762 Views 0 comment Print

Apply Hero FinCorp Personal Loan Online and Calculate EMIs in 3 Simple Steps

Finance : #AD Whether you need funds for a wedding, home renovation, vacation, or education, get it easily through the Hero FinCorp website ...

February 17, 2025 1296 Views 0 comment Print

Format of Intercompany Loan Agreement for Holding & Subsidiary Company

Finance : Explore the significance of an intercompany loan agreement between a holding company and its subsidiary in India. Learn how it fos...

November 6, 2023 21246 Views 0 comment Print


Latest News


Draft Format of Loan Agreement

Finance : A detailed personal loan agreement between a lender and borrowers, outlining disbursement, repayment terms, joint liability, defau...

July 9, 2025 4923 Views 0 comment Print

Draft Format of Outstanding Debt recovery Letter

CA, CS, CMA : To, Address City, Maharashtra, 422001. Subject : First Reminder for Late Payment Dear Sir/Maam, It has come to our attention that ...

August 4, 2021 161337 Views 1 comment Print

Draft Loan Agreement

Finance : To be printed in stamp paper of Rs.______________ (based on the respective Stamp Act applicable)  LOAN AGREEMENT LOAN AGREEMENT B...

October 19, 2020 416856 Views 5 comments Print

Salient features of Model Education Loan Scheme

Finance : Interest on Education Loans All Scheduled Commercial Banks provide Education Loan to students. IBA has formulated and circulated t...

July 1, 2019 2304 Views 0 comment Print

Education Loan – Eligibility Criteria for interest subsidy

Finance : Students whose parental income is less than Rs. 4.5 lakhs per annum and are enrolled in recognized technical & professional course...

March 27, 2012 3573 Views 0 comment Print


Latest Judiciary


Proper Legal Procedure for Loan Recovery & Vehicle Seizure to be followed: NCDRC

Corporate Law : In present facts of the case, the Revision Petition (RP) has been filed by the Petitioner against Respondents under section 21 (b)...

September 26, 2023 17256 Views 2 comments Print

Education Loan cannot be denied merely for Low CIBIL Score of Co-Borrowers

Corporate Law : Kiran David Vs Assistant General Manager State Bank of India (Kerala High Court) The petitioners are aggrieved by the denial of ed...

May 18, 2022 8916 Views 0 comment Print

RBI Responsible for Monitoring Compliance of Loan Moratorium Circular: HC

Fema / RBI : The contentions of the RBI that the dispute is between the Petitioner and Respondents is not acceptable since the dispute arises o...

July 8, 2020 2748 Views 0 comment Print

Educational Loan cannot be rejected for Unsatisfactory Credit Scores of parents

Finance : In the present case, the education loan application had been declined on the ground that the CIBIL report of the petitioner's fath...

July 3, 2020 4809 Views 1 comment Print

Income from trading of shares will be speculative business within meaning of provision of Explanation to section 73

Income Tax : The provisions of Explanation to section 73 do not distinguish between the transaction of trading in shares on actual delivery or ...

December 28, 2009 7643 Views 0 comment Print


Latest Notifications


RBI Circular to RBs – Priority Sector Lending Categorisation of activities under service under the MSMED Act, 2006

Fema / RBI : In terms of paragraphs 2.1.1 and 2.1.2 of Section I of the guidelines on lending to priority sector enclosed to circular RPCD.No.R...

October 6, 2009 757 Views 0 comment Print


Understanding Loans, Types of Loans For Individuals & Businesses & Tax Benefits

September 24, 2021 2064 Views 0 comment Print

Discover the different types of loans for individuals and businesses, and explore the tax benefits associated with them.

How to Calculate EMI for a 20 Lakh Personal Loan?

August 6, 2021 4377 Views 0 comment Print

The focus while borrowing should be on the repayment of the loan. That is how a strong credit background and future financial opportunities open up. A personal loan is no doubt the best thing to rely on, in a time of crisis. However, it has strong eligibility criteria and the approval process is not as […]

Draft Format of Outstanding Debt recovery Letter

August 4, 2021 161337 Views 1 comment Print

To, Address City, Maharashtra, 422001. Subject : First Reminder for Late Payment Dear Sir/Maam, It has come to our attention that your account is overdue for payment. So, this letter is to remind you that Invoice/Account Number : (As given in below table) that had been handed over or sent to you on 1/3/2021 is […]

Uniform Customs and Practices for Documentary Credit (UCPDC600) : Standard Practice applicable to Letter of Credit

June 2, 2021 18543 Views 1 comment Print

Uniform Customs and Practices for Documentary Credit (UCPDC600) : Standard Practice applicable to Letter of Credit The global trade value of goods exported throughout the world amounted to approximately 19 trillion U.S. dollars at current prices. Thus it is evident that Cross border trade has increased dramatically in the last 30 years and consequently there […]

Basics of Credit : Principals of Sound Lending

May 30, 2021 8658 Views 0 comment Print

Not like common form of businesses banks deals in ‘money’. It accept deposits from public at low cost and lend/invest that money back to public at higher cost. Traditionally, loans and advances account for a larger share of use of funds by the banks. As such a significant portion of bank’s income comes in the […]

Sources of Loans for LLP, Private Company & Public Company- A brief Comparison

May 19, 2021 115044 Views 0 comment Print

Article explanations about Acceptance From Designated Partners/Members/ Shareholder (section 73(2) (Companies Act, 2013), Loan from Director or a Relative of Director (Companies (Acceptance of Deposits) Rules, 2014 read with Section 73, Loan from another Company and Loan From Banks & Financial Institutions. SR NO. PARTICULARS LLP PRIVATE COMPANY PUBLIC COMPANY 1 Acceptance From Designated Partners/Members/ Shareholder […]

5 Benefits of an exclusive loan for chartered accountants

March 22, 2021 28824 Views 1 comment Print

Today, many lenders offer exclusive loans for chartered accountants, which consider their financial standing and unique needs. The features of a CA loan include a high sanction, a long repayment tenor, and quick disbursal. They align themselves well with business goals such as expansion, software integration, upskilling, and recruitment, as well as with personal goals […]

Reduction in Gold prices & its impact on Gold Loan companies

March 11, 2021 3891 Views 0 comment Print

Background: Gold is one of the best performing commodities witnessing the highest gain. Gold prices have gained lot of appreciation in years ranging from Rupees 18500 per 10 gram in 2010 to around Rupees 55000 per 10 gram in 2020. Currently Gold prices have dropped steeply since beginning of the year. It has dropped to […]

Gold Loans & Frauds

November 14, 2020 19128 Views 2 comments Print

When I was doing my CA Articleship in a small town of Udupi in Karnataka to be precise we used to have lots of Bank Audits because Udupi and neighboring district of Mangalore were responsible for the Formation of 5 Big banks of India which later got merged by the Government of India order, previously […]

A Simple Guide to Instant Personal Loans in India

October 30, 2020 3579 Views 1 comment Print

Instant personal loans are one of the most sought after loans in India. They are available to both salaried and self-employed people. Upon showing proof of income, personal loan is disbursed. An instant personal loan is not a burden if utilized properly. It can be taken when there is a shortage of money. But care […]

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