Mazda Motor Corp has sought loans totalling about 300 billion yen ($2.8 billion) from Japan's three megabanks and other lenders to ride out the coronavirus epidemic, a source with direct knowledge of...

Mazda Motor Corp has sought loans totalling about 300 billion yen ($2.8 billion) from Japan's three megabanks and other lenders to ride out the coronavirus epidemic, a source with direct knowledge of...

Mazda Motor Corp has sought loans totalling about 300 billion yen ($2.8 billion) from Japan's three megabanks and other lenders to ride out the coronavirus epidemic, a source with direct knowledge of...

Aggregate recast loans worth around Rs 50,000 crore (Rs 49,332 crore) failed at the corporate debt restructuring (CDR) cell in FY17, taking total failures since the inception of the cell in 2001 to Rs 1.37 lakh crore.

The bank, which witnessed a spike in NPAs in its home loan portfolio post the merger of the associate banks, expects the NPA levels to dip with improvements in underwriting and recoveries.

Industry members claim that the turnaround time after loan sanctions through the portal has been long. In a meeting with finance minister Nirmala Sitharaman earlier this month, an industry association raised a complaint to this effect.

Currently, banks are offering an extra line of credit of 10 per cent based on working capital limits, which the government intends to increase further.

As part of a stimulus package for the coronavirus-hit economy, the government is working on a credit guarantee scheme to enable banks to provide additional 10-15 per cent working capital to MSMEs for payment of wages, sources said. Currently, banks are offering an extra line of credit of 10 per cent based on working capital limits, which the government intends to increase further. Since units are closed due to lockdown and there has been no operation for the past two months, most micro, small and medium enterprises (MSMEs) do not have money for paying wages and financial assistance for them is under consideration of the government, the sources said. One of the proposals under consideration is to provide 10-15 per cent additional line of credit by banks over the working capital limit of the MSME sector, which is the largest employer in the country after agriculture. This loan, especially for wage payment, will be backed by a proposed credit guarantee fund so that lenders' money is ...

Mazda Motor Corp has sought loans totalling about 300 billion yen ($2.8 billion) from Japan's three megabanks and other lenders to ride out the coronavirus epidemic, a source with direct knowledge of the matter said on Saturday.

Large Italian companies have requested 18.5 billion euros ($20 billion) in state-guaranteed loans to weather the coronavirus crisis, state-backed export credit agency SACE said on Saturday.

Mazda Motor seeks $2.8 billion in loans to ride out pandemic: Source

A UK Government scheme, designed to help finance energy efficiency improvements in the home, has been assessed in a recent study. The researchers advise that better information for homeowners is needed to encourage uptake of the ‘Green Deal’ initiative, and point to Germany’s Passivhaus standard as an aspirational model for green retrofitting.

The Trump administration may announce as soon as Thursday a plan to offer loans to the ailing oil industry.

The organic grocery chain lets local producers bypass the red tape of the banks and offers small loans to eco-responsible small food businesses.

The federal government and private lenders team up on a new green home improvement program, but it comes with a few strings attached.

HM Treasury confirmed to Biba that small and medium-sized brokers are eligible for the scheme.

If you have lived in your home for a reasonable amount of time, you may be considering refinancing.

Getting a university education is an expensive proposition. In fact, about 20 per cent of college students will need some form of financial help in order to pay for the expenses they will incur in school.

Tax Refund Loans is proud to offer a service to people who are able to file taxes themselves and save money doing so. They deserve a company that is there to support them if needed, and Tax Refund Loans is stepping up to the plate to do so!

New Online Student Debt Negotiation Tool Could Ease Distressing CFPB Findings and Help Safeguard Consumers Against Fraudulent Debt Settlement Activities

Hummingbird Loans company at https://www.hummingbirdloansz.com has launched their new Winter Scholarship Program to help business and finance students with a $1000.

CreditNinja allows you to take care of your financial strains that are personalized according to your current financial capability. It also helps you secure funds at the lowest interest rates at the convenience of your own home.

In response to this crisis, Comer Capital Group will be assisting small businesses to obtain the necessary capital to remain functional through the SBA Disaster Loan Assistance Program.

Detailing the virtues of applying for a title loan online, the redesigned website contains priceless information and advice for the car title loan community.

Starting 12/30/2019, new content will be posted, varying in subject matter from whether or not you can get a title loan on a motorcycle to the many ways you can have your loan disbursed to you.

During this time of crisis, many people are beginning to experience the strain a worldwide pandemic can have on our collective financial wellbeing. Knowing what options are available and where one can find emergency funding is a must.

As of Thursday evening, more than 40 percent of the funds remained available in the Paycheck Protection Progam

Buying a new car is essential to everyone and is one of the most significant investments!

This newly updated website offers visitors car title loans in San Diego

Small businesses should have better access to PPP funding after new protections put in place by Treasury Sec. Steve Mnuchin.

New solution is quickly deployed, providing a no-touch digital lending process

According to the RBI Monetary Policy Report, 36 banks out of 62 banks have adopted repo rate as an external benchmark whereas six banks have adopted the market-based benchmarks such as CD rate, 3-month treasury bill etc.

The interest rate on a COVID loan is lower than a personal loan and can vary from 8%-15% per annum. The loan term varies from 6 months to 5 years.

Available on the Apple App store and the Google Play store, this app is yet another step by Tata Capital to enhance user experience for channel financing and term loan borrowers.

Credit bureau Trans-Union Cibil has said that two out of three MSMEs entered this lockdown with structurally strong positions.

PayPal separated from eBay earlier this year, and Chief Executive Officer Dan Schulman has stated he is looking to use PayPal's size to offer affordable financial services widely.

Competing with private companies for limited resources could cap the room for RBI to cut interest rates. Even if it does, market rates won’t ease due to higher government debt. Also, with inflation being predicted to ease by the second half of 2020 towards the target of 4%, prospects for sharp rate cuts diminish.

The RBI announced a host of measures today aimed at increasing liquidity in the economy.

Coal India has lent Rs 300 crore to subsidiary Central Coalfields while Bharat Coking Coal is in talks with subsidiary Northern Coalfields for another Rs 300-400 crore loan in order to meet working capital requirements, including salaries. Central Mine Planning & Design Institute has also been given a Rs 15 crore loan for salary payment of its executives by Coal India.

Businesses owned by people of color, women and those in rural areas have always been at the back of the line when it comes to bank loans. The PPP bailout — administered by banks — perpetuates that inequity, writes columnist Naomi Ishisaka.

NEW YORK (AP) — While thousands of small businesses waited for coronavirus relief money to arrive, they were shutting down and laying off workers. Two reports issued this week shed light on the crisis that business owners have been struggling through since the coronavirus hit. On Wednesday, payroll provider ADP said its small business customers […]

In a small town in country Australia an elderly man is praying he won't live to 91, like his father. He doesn't have the money, and it feels like debt is closing in on him.

Western Australia's s Minister for Agriculture and Food will have an opportunity to sign up to the long-awaited federal farm finance package this week.

Agricultural lobby group WA Farmers says the decision not to allow some struggling farmers access to the Government's concessional loans package is very disappointing.

The Western Australian Opposition is calling on the State Government to revisit the eligibility criteria for its concessional farming loans because of limited demand so far.

An eastern Wheatbelt farming group says it is extremely frustrating for struggling growers in the region to see limited demand for a Government support package.

A group of West Australian farmers is planning a class action in the federal court after their lenders shortened the length of their loans, in some cases, from 25 years to just 12 months.

A crackdown on home loans emerges in the wake of the Banking Royal Commission, with borrowers being asked for deposits of up to 30 per cent and banks throwing greater scrutiny on location and living expenses.