loans
- 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…
- Telangana
Telangana government sanctions 2,676 sheds to street vendors under Pattana Pragati
Hyderabad: The state government has identified 618 vending zones and sanctioned 2,676 sheds to street vendors under the Pattana Pragati welfare scheme. According to a survey conducted by the state, 4.24 percent…
- India
Govt to continue 50-year interest-free loans to states for another year: Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman on Wednesday announced that the Centre will continue 50-year interest-free loans to state governments for one more year. She also said the enhanced capex of Rs…
- Andhra Pradesh
Andhra releases Rs 395 crore towards interest-free loans for traders
Amaravati: Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy on Wednesday released Rs 395 crore under Jagananna Thodu for interest-free loans. Under this scheme, Rs 10,000 each would be given to 3.95…
- Pakistan
Pakistan to seek US help to secure $13bn loans at Geneva meet
Islamabad: Pakistan will seek the support of US President Joe Biden’s administration to use its influence on multilateral creditors to provide loans to Islamabad for approximately two dozen projects with an estimated…
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