Indian Loans

How To Financially Plan Your Study Abroad | Photo credit: BCCL Many Indian students have dreams of studying abroad. However, studying abroad comes with its own…

The bad news is that three years after Sri Lanka was forced to cede the port of Hambantota to China on a 99-year lease due to a loan default, media reports that Uganda's airport d 'Entebbe may soon go down the Hambantota route for…

With this fundraising, Razorpay is now valued at $ 7.5 billion, a sevenfold increase in its valuation since the start of 2021, when the company was valued at just over $ 1 billion. This makes Razorpay the most popular…

For the first time in 16 years, Germany has a government without the Christian Democratic Union. Negotiations between the Social Democratic Party (red), the Free Democratic Party (yellow) and the Greens resulted in the “traffic lights”…

It's Friday afternoon, seven-year-old Amita Kumari, who is from a tribal community and was in class 2 when the Covid pandemic hit early last year, is among the hundred or so elementary school students of the Manika block of Latehar district…

Express news service KOCHI: The decision of private bus owners to convert buses to CNG to cope with rising oil prices has received a major shock. Kerala Finance Corporation (KFC), which had agreed to provide financial…

The Reserve Bank of India (RBI) on Wednesday kept the repo rate at 4% in its monetary policy announcement, encouraging millions of mortgage borrowers. The status quo on interest rates means that the low home loan interest rate regime will…

The government of Haryana has received a whopping sum of Rs 70,126 crore in loans from various public sector banks since April 1, 2014. The state government used its largest loan of 15,602…

Millennials are leading the charge when it comes to buying used vehicles in the country, according to a CARS24 online used car market research report. The company collaborated with…

The town of Shriram has passed the milestone of the highest loan disbursement on record. In November 2021, the company disbursed loans in the amount of Rs 1,022 crore to 1.6 lakhs two-wheeler owners in the country. Shriram City Union…

New"You can drafts for new players coming in, you can trade, you can make loans and allow teams to build something for the long haul."The big IPL auction has "come to its use." This is the point of view of Venky Mysore, Managing Director…

Standard and Poor's (S&P) rating agency said on Tuesday that while Indian banks appear to have learned lessons from the surge in bad loans, their governance and transparency are weak by global standards. Failure to…

The Reserve Bank of India (RBI) has kept in limbo its internal task force (IWG) proposal to license large companies to banking amid fears about connected loans and personal transactions if they are authorized in the banking area. What is…

Central Crime Branch (CCB) police detectives dismantled a network of at least 52 companies registered in Benami's name, allegedly by Chinese nationals who stole from customers after giving loans on mobile apps without any collateral .…

Established in 1982, the Export-Import Bank of India (India EXIM Bank) serves as an export credit agency specializing in the facilitation and promotion of international trade. In a freewheeling conversation, Harsha Bangari, MD, India EXIM…

Indian Land, South Carolina, November 23, 2021 (GLOBE NEWSWIRE) - Sharonview Federal Credit Union, one of the nation's top 200 credit unions, is proud to announce a series of promotions to vice president and vice president -President. “I…

Over the past five years, considerable progress has been made in resolving and collecting bad debts from banks. Despite this, there are still around Rs 10 lakh crore of stressed assets lying around in the system. The newly formed National…

Through Express news service VIJAYAWADA: Chief Minister YS Jagan Mohan Reddy reiterated the government's commitment to agriculture and agriculture and said that various initiatives have been taken to benefit…

Rajpur (Madhya Pradesh): The Indian Farmers Society on Thursday delivered a memorandum to SDM Vir Singh Chauhan, addressed to Chief Minister Shivraj Singh Chauhan, here in Rajpur City, Barwani District. Farmers under the aegis of…

The age-adjusted Covid-19 death rate is now higher for American Indians and Alaska Natives (AIAN) than for any other group. People who died from Covid-19 in AIAN communities also tend to be much younger than white victims, with over 40%…

The story of Ramrao the farmer - and that of the agricultural crisis in India - begins not in a field, not in a house, but on a hospital bed, "an old ceiling fan standing still above him." , its white blades grimy with cobwebs and layers…

I am now on the staff of this bank. His interests are my interests. Psmith, the individual, ceases to exist, and there appears Psmith, the cog of the wheel of the New Asiatic Bank; Psmith, the link in the…

But there is a looming concern. And this has been expressed by many business executives reporting their fine earnings for the quarter ending in September. The revealing remarks were made by the Chairman and CEO of Hindustan Unilever,…

IndusInd Bank reported on Saturday that nearly 84,000 loans had been disbursed by its microfinance arm without client consent due to a technical issue in May 2021. According to the private sector bank, this problem was highlighted by field…

National Bank of Punjab Planning a new business venture by quitting a 9 to 5 job? Well, Punjab National Bank (PNB) clients should know!-->…

Prime Minister Imran Khan on Wednesday announced a huge 120 billion rupee package for poor families to buy three essential items of daily use at lower prices, describing it as "the largest social assistance program in history. of Pakistan…

The Income Tax (IT) department has provisionally seized assets related to the family of Maharashtra lawmaker CM Ajit Pawar under the 1988 Benami Land Transactions Prohibition Act, sources said. The tax administration has tentatively…

Three banks topped the chartsHDFC Bank Ltd., ICICI Bank Ltd. and Bandhan Bank Ltd. added most of the restructured loans under the second window among private lenders. HDFC bank alone added recast loans worth Rs 17,398 crore. Of this…

There would be little or no need for commercial banks if everyone always paid their debts in full and on time. Everyone would then have the best possible credit score, no need for supervision, and could borrow or lend at the…

It is targeting 15,000 global sales of electric vehicles next year, down from its previous target of 56,000 due to the global shortage of semiconductor chips.HANOI: VinFast, the auto arm of Vietnam's largest conglomerate Vingroup JSC, plans…

Pune, October 27, 2021: As the holiday season is in full swing, Bajaj Finance Ltd., together with Bajaj Finserv Direct Limited, has launched their Diwali “EMI HAI NA” campaign to offer discounts and cash back on a wide…

Banks have sanctioned loans worth Rs 11,168 crore on around 1.93 lakh of accounts as part of the credit awareness program, Finance Minister Nirmala Sitharaman said on Tuesday. Banks are holding special camps across the country to clear…

Byju's has hired investment banks to raise a minimum of $ 500 million through B-Term Loans (TLBs) in the United States, as India's most valuable startup seeks to replenish its war chest with a debt after spending…

The association and its members conducted a survey in June of this year among more than 81,000 self-employed workers and entrepreneurs running micro and small businesses.Ease of doing business for MSMEs: The Consortium of Indian…

As of today, 4 major banks have been formed by merging 10 public sector banks in the country. Oriental Bank of Commerce and United Bank merged with Punjab National Bank (PNB). The bank formed after this incorporation became the second…

The Kerala-based South Indian Bank (SIB) recorded a net loss of Rs 187.06 crore in the second quarter (Q2) of the current fiscal year, compared to a net profit of Rs 65.09 crore during of the corresponding period of the previous…

The second wave of the Covid pandemic and the lockdown that followed impacted the growth of the microfinance industry during the April-June quarter of the current fiscal year. Microfinance lender gross loan portfolio growth declined 6.98%…

Yudhishthir Khatau, once a rising star of Indian shipping before his business collapsed in 2018 to around 2,300 crore debt, is set to start afresh in an industry where he controlled three-quarters of the gas of liquefied petroleum (LPG)…

After a tough year, the Diwali holidays are approaching and now is a great time to celebrate and enjoy your hard earned financial freedom. To make the occasion memorable and usher in the New Year, you might want to paint your house, buy…

Through Express news service KOCHI: Police investigating multi-crore loan scam by Tripunithura-based couple suspect the involvement of notaries, national bank officials and document writers in the fraud.…

The Income Tax (IT) department said on Friday it discovered unrecognized income worth Rs 184 crore after its research on October 7 at the premises of two real estate groups in Mumbai linked to the family of Maharashtra's Chief Deputy…

New Delhi: This is good news for Australian and foreign tourists, as they will soon receive over 500,000 free visas to visit India. This was announced earlier by the central government. In addition, the Union Interior…

loans in a new campaign."/>Bike Bazaar is pushing for democratized bike loans in a new campaign.Bike Bazaar has announced the launch of its first branding campaign to help democratize two-wheeler ownership and bicycle lending for all…

A guard stands next to a Zee TV banner outside a film studio in Mumbai, India on September 24, 2021. REUTERS / Francis Mascarenhas - RC26WP9MQGQCMUMBAI, Oct. 12 (Reuters Breakingviews) - Corporate activism has a core storyline, and an…

Through Express news service THIRUVANANTHAPURAM: The state government will grant interest-free loans up to Rs 10,000 without any guarantees to people employed in the tourism sector. As part of the revival of the…

Steps were taken to seize the property of ET Feroze, son of the leader of the Muslim League of Indian Union (IUML) AND Mohammad Basheer, MP, following the non-repayment of a bank loan of more than 200 crores. The action was brought on the…

Through PTI NEW DELHI: The real estate industry on Friday welcomed the RBI's decision to keep policy rates unchanged, saying mortgage interest rates will remain at historically low levels and home sales could rise…

October 7, 2021WHEN The last American troops left Kabul on August 30, which meant not only the end of a 20-year campaign in Afghanistan, but also the end of Western dependence on neighboring Pakistan. By this time, the country had been an…

NEW DELHI - Indian conglomerate Adani Group has signed an agreement worth more than $ 700 million to build a container terminal in the strategic port of Colombo, a move that observers say will give a boost to Sri Lanka's struggling economy,…

A Mumbai-based jeweler, whose company is in default on loans to 19 Indian banks, has set up a network of offshore companies with cross-holdings to funnel funds with a billionaire Saudi businessman linked to a Mexican drug lord, reveal that…

Any applicant who has taken out a vehicle loan from a financial institution does not need to go to the bank or physically submit a document, according to a statement released Monday by the Department of Transportation.New Delhi: Delhi…

The court observed that "there are questions about the extent to which Mr. Ambani has offshore interests, because if so, they have not been declared." Three months later, he was ordered to pay the banks $ 716 million. But he did not and…

When Sri Lanka struggled to repay China's debt, it ceded its land to China. After the port of Hambantota, China wanted to take control of the port of Colombo. This was certainly not desirable for both Sri Lanka and…

The Indian bank said on Friday it had taken 13.27% of the capital of the proposed private bank National Asset Reconstruction Company Ltd (NARCL). The lender subscribed for 1,9800,000 shares of NARCL for a cash consideration of Rs 19.80…

The Indian bank said on Friday it had taken 13.27% of the capital of the proposed private bank National Asset Reconstruction Company Ltd (NARCL). The lender subscribed for 1,9800,000 shares of NARCL for a cash consideration of Rs…

Delhi police have arrested a man who allegedly faked his kidnapping to extort money from his father. The accused, identified as Sushant Chaudhary, works in a real estate company as an operator and is said to have lost a lot of money doing…

India's external debt stood at $ 571.3 billion at the end of June, registering an increase of $ 1.6 billion from its level at the end of March 2021, the RBI said on Thursday. However, the ratio of external debt to GDP fell to…

Indian Overseas Bank shares hit new highs as the Reserve Bank of India (RBI) pulled it out of its Rapid Corrective Action (PCA) framework.IOB shares rose 13% Thursday morning to hit 23.15 each, at 10:30 am. Since the start of the year, the…

While irregularities of Rs 1,500 crore at Sri Guru Raghavendra Sahakara Bank Niyamitha (SGRSBN) in Bengaluru have pushed around 38,000 clients into hardship, the bank's sister company audit shows loans worth of 60 crore rupees were released…

GradRight co-founder, Aman Singh seeks to expand the nascent system with SelectRight, which leverages the company's FundRight bidding tool with a platform designed to help students find the best university courses. “It puts universities…

The Enforcement Directorate (ED) is conducting searches of the office of Shiv Sena chief and former MP Anandrao Adsul in connection with an alleged Rs 980 crore fraud at the City Co-operative Bank. The agency had summoned Adsul and her son…

Native Americans are taking a stand on behalf of tribal lenders amid an attack by special interest organizations attempting to bankrupt local businesses serving an often overlooked community. A Native American advocacy group says opponents…

To further focus on the healthcare sector with a targeted set of product offerings, Kotak Mahindra Bank (KMBL) today announced that it has launched a tailored and holistic suite of healthcare financing solutions. healthcare ranging from…

The government has asked the banks for the statute regarding the digitization of land registers and the creation of equitable mortgages online that would contribute to faster disbursement of agricultural loans. The Ministry of Finance…

From time to time, some officials move on to their new assignments and their replacements arrive. While those who leave receive a welcome, newcomers receive a welcome welcome. In recent months, some officials who were transferred…

A Native American hotel and buffet owner in New York City who was sued by Adirondack Trust Co. for allegedly…

MUMBAI : The American International Development Finance Corporation (DFC) and the United States Agency for International Development (USAID) announced on Friday that they are jointly sponsoring $ 55 million in…

An audit of Sri Guru Raghavendra Sahakara Bank Niyamitha (SGRSBN) in Bengaluru - where depositors were defrauded - found that Rs.1,480 crore had been embezzled and about Rs.890 crore, or 60%, was granted in the form of loans to 24 accounts,…

Flipkart will kick off the holiday season with the 8th edition of its biggest flagship event, The Big Billion Days (TBBD), from October 7 to 12, 2021. As a first step, non-Plus customers will be able to benefit from early access in…

Helal Uddin Ahmed | Posted: Sept. 22, 2021, 8:41 p.m. Western countries often accuse China of pursuing "debt trap diplomacy", especially when it comes to low- and middle-income countries. Originally invented by Indian scholar…

Images of hundreds of employees with boxes in hand leaving the Lehman Brothers New York headquarters after the company went bankrupt on September 15, 2008 has become one of the lasting images of the global financial crisis, a visual…

Mumbai: To put more emphasis on the healthcare sector with a targeted set of product offerings, Kotak Mahindra Bank (KMBL) today announced that it has launched a bespoke and holistic suite of financing solutions!-->!-->…

The mmob open finance partnership platform has added small and medium-sized business (SME) lender iwoca to its network of digital finance providers, Financial IT reported. The partnership will enable “banks and other large financial…

Tokyo-based start-up Terra Motors, a manufacturer and distributor of three-wheeled electric vehicles, recently launched a financial subsidiary in India. Its goal is to use microfinance to increase buyers' income and boost vehicle sales.…

The income tax department, without naming Bollywood actor Sonu Sood, said on Saturday it had evaded more than 20 crore rupees in taxes. The department in a statement said Sood funneled "unrecorded income in the form of bogus unsecured…

Interest rate on home loans With the start of the holiday season, several banks across the country have cut mortgage rates to make housing more affordable for customers. the three big!-->…

(Although there have been no projects since 1973, men between the ages of 18 and 25 are still required by federal law to register. But FAFSA applicants will now remain eligible for financial aid even if they are. 'they didn't sign up, said…

In indicating the changing market dynamics in India, the Kotak Mahindra Group has acquired the vehicle finance loan portfolio of Volkswagen Finance Pvt Ltd (VWFPL), the Indian captive finance arm of the Volkswagen Group.…

Indian lender FinTech Rupifi has partnered with Retailio to provide credit to its pharmaceutical retailers, the company said Thursday (September 16). Founded in 2020, Rupifi offers flexible buy now, pay later (BNPL) loans to SMEs in B2B…

Regulatory forbearance reduced the Indian banking industry's need for fresh basic capital to meet minimum regulatory capital requirements through the year ending March 2025 (FY25), according to Fitch's latest baseline assumptions Ratings.…