loans
- Telangana
Telangana to release Rs 31,000 crore for crop loan waiver
Hyderabad: The Telangana government will release Rs 31,000 crore by the end of next month to waive crop loans of up to Rs 2 lakh, Deputy Chief Minister Mallu Bhatti Vikarmarka said…
- Technology
Apple to shut down ‘Pay Later’ service, launching ‘installment loans’
San Francisco: Apple has announced to shut down its buy now, pay later (BNPL) service called ‘Apple Pay Later’ in the US. The service, which let users take out “pay later” loans…
- Pakistan
IMF approves immediate disbursal of USD 1.1 bn loan tranche to Pakistan
Washington: The International Monetary Fund has approved an immediate disbursal of USD 1.1 billion to Pakistan as part of a bailout package and said the country needs to take tough measures to…
- India
UP: Dalit man die by suicide after alleged harassment over outstanding loan
Gorakhpur: A 50-year-old Dalit man dies by suicide here by hanging himself after an alleged harassment over an outstanding loan, said police on Tuesday. The deceased named Koeel Bharti, a resident of…
- Pakistan
Cash-strapped Pakistan secures USD 658 ADB package
Islamabad: Cash-strapped Pakistan has secured a USD 658 million financing package, including an expensive USD 300 million loan at market rates, from the Asian Development Bank, days after Finance Minister Shamshad Akhtar…
- Technology
Paytm expands credit distribution business, extends higher ticket loans to consumers, merchants
New Delhi: Paytm, India’s leading mobile payments and financial services distribution company, on Wednesday said it will expand its credit distribution business in partnership with large banks and NBFCs by offering higher…
- Technology
Mpower Financing crosses $300 mn in lending capacity to help students go abroad
New Delhi: Fintech company Mpower Financing has crossed $300 million in overall lending capacity to support education of international students. The active funding included commitments from Deutsche Bank, Goldman Sachs and Varde…
- India
RBI directs banks to return property documents within 30 days of loan repayment
New Delhi: Reserve Bank of India (RBI) has issued guidelines for banks related to release of documents pertaining to movable and immovable property on full repayment of loans by customers. The guidelines…
- Middle East
If you lose a job in UAE, can a travel ban be imposed over undone loans?
Abu Dhabi: In the United Arab Emirates (UAE), a personal loan taken from a lender may fall under the provisions of the ‘Loan Agreement’ format approved by the Central Bank of UAE.…
- India
Loans to street vendors: Centre directs banks, civic bodies to work in tandem
Bhubaneswar: Union Minister Bhagwat K Karad has asked banks and civic bodies to collaborate to achieve the goals of the PM SVANidhi scheme, which was launched to help street vendors get easy…
- India
Manipur violence: Banks to provide relief measures on loans
Imphal: In view of over two-month long ethnic violence in Manipur, banks would provide relief measures by way of rescheduling the existing loans. Accordingly, banks have been instructed to extend the moratorium…
- World
China’s loans to Africa worries World Bank President
London: World Bank President David Malpass has said he is concerned about some of the loans China has been making to developing economies in Africa, according to a media report. David Malpass…
- Business
Adani debunks reports on repayment of loans against shares
New Delhi: The Adani Group has strongly refuted news reports which makes the baseless and deliberately mischievous claim that the Group has not completed the repayment of USD 2.15 billion in share-backed…