International Monetary Fund

In India, October crude oil futures traded slightly lower at ₹5,850

Forced to drop many of its attractive features, peer-to-peer lending faces an existential crisis in India

Non-compliance by lenders must be strictly dealt with by the central bank

But sudden ‘cease and desist’ orders can also affect the bond markets from where NBFCs raise funds

MFIs should not justify steep rates with access issues, says Jayant Kr Dash, Executive Director; Senior RBI official suggests Blended Finance could hold some answer for this issue

Confident of sustaining Q2 bottomline growth performance in remaining quarters this fiscal 

IIFL Finance’s gold loan book had shrunk from ₹26,000 crore in early March 2024 to ₹10,000 crore by September 19, 2024

China had reduced other policy rates in September as part of a package of stimulus measures to support the economy

Policymakers voted 11-to-1 in favour of lowering the U.S. central bank's benchmark lending rate to between 4.75% and 5.00%, the Fed announced

National Service Scheme units in city colleges are reaching out to society in a big way

With a scramble for feedstock and the food-versus-fuel conflict, it needs impartial evaluation

AsiaKredit provides consumer finance products to underserved consumers in the Philippines.

The post SG’s GoBear buys digital lender AsiaKredit to expand alternate consumer lending appeared first on DealStreetAsia.

Financing for small and medium-sized enterprises (SMEs) has turned the corner from the downswing seen during the global financial crisis, but overall credit conditions remain challenging and access to external finance continues to be much tighter for SMEs than larger firms, according to a new OECD report.

Lending volumes and credit conditions for small and medium-sized enterprises (SMEs) have gradually improved, according to a new report from the OECD, but demand-side obstacles such as a lack of financial knowledge are contributing to holding back a stronger recovery.

Small and medium-sized enterprises (SMEs) are increasingly turning to alternative sources of financing, while new bank lending is declining in a number of countries. Many SMEs remain over-reliant on bank credit, however, and the take-up of instruments other than straight debt varies greatly from one country to another, according to a new OECD report.

Small and medium-sized enterprises (SMEs) are turning to non-bank financing sources at a faster pace than in the past, as bank lending to them has risen less than expected given today’s favourable credit conditions and business environment.

Ending poverty and combating climate change: two years after the adoption of the UN Sustainable Development Goals and the Paris Climate Agreement, these inter-related challenges remain as daunting as ever, not least in developing countries.

Lending volumes and credit conditions for small and medium-sized enterprises (SMEs) have gradually improved, according to a new report from the OECD, but demand-side obstacles such as a lack of financial knowledge are contributing to holding back a stronger recovery.

The former politician, who oversaw austerity in the years following the 2008 financial crisis, raised the spectre of banks refusing to lend money if businesses start going to the wall.

China's central bank said on Sunday it will make prudent monetary policy more flexible and step up counter-cyclical adjustments to support the real economy and fend off financial risks.

Scotsman Guide Releases Top Originators 2019 Rankings

As the COVID-19 pandemic spread, it was apparent that there would be more assistance needed to help our nation’s small and medium sized businesses. Although the Paycheck Protection Program (PPP) was in full swing, it seemed to be a temporary fix for a much longer-term challenge. On April 9th, the Board of Governors of the...

The post Main Street Lending Program: Is it Right for My Business? appeared first on Anders CPA.

"We have decided to take this initiative to help our customers to overcome this pandemic and drive growth in the housing sector. With this, over 2.35 lakh of our customers will be positively impacted irrespective of their base loan amount," PNB Housing Finance Managing Director and CEO Neeraj Vyas said.

Ashok Michael Pinto, who has worked as a Special Assistant and Associate Counsel to former president George W Bush, was on Monday nominated as US Alternate Executive Director of IBRD for a term of two years.

A process and system is disclosed for optimizing a key parameter of a biomass feedstock that enhances bio-oil production. The process and system involves optimizing the values of the key parameter in multiple biomass feedstocks by regulating their feed rates and blending those feedstocks to produce a cumulative biomass feedstock with an optimal value for the key parameter. The key parameter in the biomass feedstocks is measured and the feed rates of the multiple biomass feedstocks are adjusted in order to produce a cumulative biomass feedstock exhibiting optimal values for the desired key parameter. The key parameters can include compositional properties, such as lignin content or mineral content, and/or fluidization properties of the biomass materials, such as density, particle cohesion force, or particle size.

In one embodiment, a method includes receiving a search query input comprising one or more n-grams; parsing the search query input to identify keywords; generating query commands for the keywords. Each query command may specify: a particular object-type; one or more identifiers of one or more objects that match the search query input; and one or more types of relationships with respect to the objects. The method may further include searching a particular vertical that stores objects of the particular object-type having a relationship of the type of relationship with respect to one or more of the objects; generating a plurality of search-result modules corresponding to the query commands, each search-result module comprising references to objects of the particular object-type specified by the query command; and sending, to a client device, instructions for presenting an interface comprising one or more of the search-result modules.

A method for manufacturing an oxygenated gasoline-blend by blending a hydrocarbon Basestock for Oxygenate Blending (BOB) with an alcohol such as ethanol to a required octane specification first blends the BOB to an octane number, (RON+MON)/2 based on the octane sensitivity (RON−MON) of the BOB and the proportion of alcohol to be added to the BOB, such that when the BOB is blended with the specification proportion of alcohol to form the oxygenated gasoline blend, this blend will have the required octane specification. The blending of the BOB with the alcohol will typically be done at a location remote from that where the BOB is blended, e.g. at the product distribution terminal after being transported from the refinery by pipeline or tank car.

It’s been 10 years since the great housing bust and lending is back. Not everyone is getting a fair shot at getting a loan. In dozens of cities across the country, lenders are more likely to deny loans to applicants of color than white ones – even when you take into account how much money they make and how much they want to borrow.

This type of housing discrimination was outlawed 50 years ago but it’s making a comeback. On this episode of Reveal, we dig into the new redlining.

This episode features an interactive text-messaging tool that allows you to learn more about who gets conventional home loans where you live. To get started, text HOME to 202-873-8325.

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It’s been 10 years since the great housing bust and lending is back for some Americans, but not for others. In dozens of cities across the country, lenders are more likely to deny loans to applicants of color than white ones.

On this episode of Reveal, we dig into the new redlining.

Don’t miss out on the next big story. Get the Weekly Reveal newsletter today.

WASHINGTON — The Small Business Administration did not direct private lenders to prioritize minority and women-owned businesses as Congress intended when they started implementing a $669 billion loan program under the CARES Act, a federal watchdog concluded in a report released Friday. The findings from the SBA Office of the Inspector General add to growing […]

More payday lending practice stories are coming out of the woodwork as ASIC says it is "building a casebook" for a possible ban.

From a friend: Please explain to me your enthusiasm for controlled digital lending. Please let me know what you think...

Using a cross-country sample of bank-dependent public fi rms we study the international spillovers of a change in banking regulation on corporate borrowing. For identi cation we examine how US rms' liabilities vis-a-vis banks, non-bank lenders and bond markets evolve after an increase in capital requirements implemented by the European Banking Authority (EBA) in 2011. We find that US firms experience a reduction in credit lines but not in term loans from EU banks.

FSI Briefs No 5, April 2020. In response to the Covid-19 pandemic, governments have launched guarantee programmes to support bank lending to companies, especially small and medium-sized enterprises. This is essential to avoid a sharp contraction in bank credit that would exacerbate the pandemic's adverse impact. The design of such programmes needs to strike a difficult balance between responding promptly to the pandemic and maintaining a sufficient level of prudence. Key features of a sample of programmes (eg target beneficiaries, coverage of the guarantee, loan terms, length of the programme) reflect this tension. Incentives were created for the banks to join these programmes by exploiting flexibility in existing prudential requirements, while central banks have often provided liquidity support. Programmes are, however, subject to operational challenges and, ultimately, fiscal capacity limits.

Bank of England Working Papers by Nicola Garbarino and Benjamin Guin

OM supported the Ukrainian Military Ministry in order to print trauma counselling books

 Review of Securities Lending and Borrowing (SLB) Framework

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