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Saturday, Apr 20, 2024 | Last Update : 06:40 PM IST

China-backed AIIB approves $750 million loan for India's COVID-19 response

The support to India aims to ensure economic resilience to prevent long-term damage to the productive capacity of the country's economy

17 Jun 2020 1:29 PM

RBI may extend moratorium on repayment of loans for three more months. (PTI Photo)

RBI may extend moratorium on repayment of loans for three more months, says report

In March, RBI had allowed a three-month moratorium on payment of all term loans due between 1 March, 2020 and 31 May, 2020

18 May 2020 2:46 PM

The New Development Bank of the BRICS countries has fully disbursed USD one billion emergency assistance loan to India. (PTI File Photo)

BRICS' new development bank provides $1 billion loan to India to fight pandemic

The 'Emergency Assistance Program Loan' to India was approved by the NDB Board of Directors on 30 April

13 May 2020 1:30 PM

The new loan’s interest rate will be pegged at 90 per cent of China’s one-year benchmark interest rate.

Tesla to take new USD 1.4 billion loan

The Chinese banks earlier this year already offered Tesla a 12-month facility of up to 3.5 billion yuan.

24 Dec 2019 12:00 PM

The loan will be utilised to part finance the capital expenditure of NTPC.

NTPC signs term loan of Rs 5,000 cr with SBI

The loan facility has been extended at an interest rate linked to 3-month MCLR of the bank and has a door-to-door tenure of 15 years.

07 Dec 2019 3:16 PM

As per the data released, banks have given Rs 27,225 crore as home loan, Rs 11,088 crore as vehicle loans and Rs 1,111 crore as education loan during the two months.

Public sector banks disburse Rs 4.91 lakh cr loan during Oct-Nov

Banks disbursed Rs 2.52 lakh crore of loans in October and Rs 2.39 lakh crore in November.

03 Dec 2019 7:40 PM

The company has already secured required total debt from a consortium of banks led by State Bank of India.

Patanjali secures Rs 3,200 cr loan from banks to buy Ruchi Soya

NCLT approved the resolution plan of Patanjali Ayurved to acquire debt-laden Ruchi Soya.

29 Nov 2019 7:36 PM

The launch of 'Maha Loan Dhamaka' is an initiative to provide a bouquet of on-the-spot loan approvals and exclusive manufacturer-led offers.

ICICI Bank to organise 2,000 loan camps across India

The Bank offers instant approvals for loans -- home, personal, two and four wheeler, and credit cards.

15 Nov 2019 4:01 PM

Fintech players are disrupting this space with their advanced technology and by providing flexible benefits plan to these MSME’s. (Representational Image)

Platforms enabling easy access to finance for the MSMEs

MSMEs contribute 6.11 pc to the manufacturing GDP, 24.63 pc to the GDP from service activities, and 33.4 pc to manufacturing output.

15 Nov 2019 3:47 PM

Following a disciplined financial approach would not only help inavailing loan, it can also help manage expenses better. (Representational image)

Planning to take loan in your 20s? 5 points to determine if you are financially ready

Availing loan without financial planning can have dire consequences on your financial health.

08 Nov 2019 1:07 PM

The new deposit rates will also be effective from November 10.

SBI steeply slashes deposit rates; lowers lending rates marginally

This is the seventh consecutive cut in lending rates by the bank this fiscal.

08 Nov 2019 11:45 AM

DHFL is currently classified as stressed account but will slip into becoming a Non-Performing Assets (NPA) by December 31 unless a resolution is found.

Govt not planning to help banks rescue shadow lender DHFL: sources

DHFL’s creditors include mutual funds, pension funds, insurance firms and a wide array of retail investors.

07 Nov 2019 1:30 PM

BJP MP Janardan Mishra on Monday slammed the Madhya Pradesh government over loan waivers to farmers and said those policemen "who arrive to recover loans from farmers will be strangulated and their hands will be broken." (Photo: Facebook/ Janardan)

'Their hands will be broken, strangled,' warns BJP MLA those recovering farm loans

The MP further alleged that the Congress government in the state was engaged in 'divisive and destructive' politics.

05 Nov 2019 8:58 AM

Financing higher studies can be difficult, and in the absence of a scholarship you may have to look for a student loan to ensure that your child's further studies aren't compromised upon. (Representational Image)

Now finance your higher studies abroad with a Loan against Property

Overseas education continues to be an attractive proposition for undergraduate and postgraduate students.

04 Nov 2019 11:22 AM

A forensic audit by KPMG has reportedly found massive fund diversion by the promoters.

Govt orders SFIO probe against crisis-hit DHFL

On October 29, a senior official said there were good enough reasons to refer the DHFL matter to the SFIO.

01 Nov 2019 4:40 PM

The Centre had announced this loan package in two tranches -- first in June 2018 amounting to Rs 4,440 crore and the other in March 2019 of Rs 10,540 crore.

Govt's Rs 15,000 cr soft loan scheme to sugar mills moving at snail's pace: experts

The objective was to help millers in clearing cane arrears and divert surplus sugar for ethanol manufacturing.

30 Oct 2019 3:53 PM

According to returns filed by the large corporates to the Ministry of Corporate Affairs, as much as Rs 40,000 crore is due to the MSME sector.

Over Rs 81,700 cr disbursed by banks during 9-day loan mela: FinMin

FM said that banks have been asked to provide bill discounting facility to the MSME sector against payments due from the large corporates.

14 Oct 2019 2:45 PM

Madhya Pradesh Chief Minister Kamal Nath on Saturday said the Congress leader Jyotiraditya Scindia was right in claiming that farm loan of only up to Rs 50,000 has been waived off so far but he promised that his government will waive off farm loans up to Rs 2 lakh in due course of time. (Photo: File)

Scindia's right, farm loan up to Rs 2 lakh will be waived off: Kamal Nath

Chief Minister Kamal Nath had said that his government has waived the loans of 20 lakh farmers amounting to Rs 7,000 crore.

12 Oct 2019 1:36 PM

RBI had set up the 'Internal Working Group' to understand the reasons for regional disparity and other agricultural credit related aspects.

RBI panel pitches for federal body like GST Council in farm sector

The GST Council consists of the finance ministers of Centre and all the states, decides on tax rates.

14 Sep 2019 10:42 AM

The government on its part has also been taking steps to increase liquidity in the NBFC sector, which was hit after default by IL&FS Group.

RBI increases banks' loan exposure limit to single NBFC

RBI increased loan exposure limit of banks to a single NBFC from 15 per cent to 20 per cent.

13 Sep 2019 9:01 AM

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