How To Win Dispute On Credit Report ?
Being able to challenge mistakes on your credit report is crucial for maintaining an excellent credit profile since it’s harder to get loans with poor credit reports. Surprisingly, about 34%…
How Patent is Important for Businesses in India?
Protecting your intellectual property by patenting it is an essential legal system in the present business world. What the patents do is they maintain the competition and guarantee innovation. Indeed,…
LUT In GST – Registration, Eligibility Criteria, How to Apply & Filing
A Letter of Undertaking is an important document for any exporter under the GST regime in India. It means that the exporter is declaring to the tax department that it…
Market Development Assistance (MDA Scheme) For MSMEs
Micro, Small, and Medium-Sized Businesses (MSMEs) maintain the growth and development of the Indian economy. Their impact on manufacturing, exporting products, and job creation is significant. The Indian government has…
Importance of No Objection Certificate for Loan
Entrepreneurs and small—to medium-sized businesses look forward to getting a loan to steer their businesses on the path of growth. According to CEIC data, India’s total Loans were reported at…
Credit Score Vs Credit Rating: What’s The Difference?
According to the TransUnion CIBIL study, the number of credit-served clients increased from 91 million in 2017 to 179 million in 2021, indicating a jump in credit availability from 12%…
How The Grameen Foundation and ONDC is Empowering Women?
Grameen Foundation for Social Impact has joined together with Open Network for Digital Commerce to help drive socioeconomic progress and make sure everyone can use digital tools. This partnership will…
What is Credit Default Swap? How is it Important For SMEs?
Small and medium-sized enterprises (SMEs) run the Indian economy. Their impact on GDP is substantial, and employment creation is significant. However, obtaining financing might be difficult for these businesses as…
What is the UTR Number? Meaning, Significance, and Tracking
In today’s world of digitalization, everything is possible online, including secure and traceable financing transactions. In the year 2023 alone, the digital transactions volume in India was recorded at an…
What is a Loan Closure Letter? How to Write it?
A loan closure letter is a formal documentation sent to the loan borrower by the lender. It implies that the account is closed and the borrower owes no more debt. …