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Emergency loans for small companies likely to bring rash of defaults, say bankers

Government-guaranteed support scheme has proved hugely popular since launch last week




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Crop loan NPAs rose by 3.2% in Gujarat: SLBC

Thanks to the unseasonal rain around Diwali, the extended monsoon and growing debt of farmers, non-performing assets (NPAs) among crop loans in Gujarat rose marginally by 3.2% in the third quarter of 2019-20.




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Lost Your Job Amid Covid 19: Hyundai To Pay Your Car Loan EMI

In order to help customers sail through the current unprecedented times wherein they might have suffered job loss or salary cut and may be in a difficult situation altogether when it comes to servicing of loan EMIs, leading car manufacturer Hyundai




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Home Loan : घर बैठे कर दें ये काम, घट जाएगी किस्त

नयी दिल्ली। क्या आपने होम लोन लिया हुआ है? अगर हां तो क्या आप जानते हैं कि आप किस तरीके से ब्याज चुका रहे हैं? अगर नहीं जानते हैं तो हम आपको बताते हैं आरबीआई का वो नियम जिससे आप पर




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Lost Your Job Amid Covid 19: Hyundai To Pay Your Car Loan EMI

In order to help customers sail through the current unprecedented times wherein they might have suffered job loss or salary cut and may be in a difficult situation altogether when it comes to servicing of loan EMIs, leading car manufacturer Hyundai




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Easy loans, transparent rules for MSMEs in UP




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EPA Announces $280 Million Water Infrastructure Loan to the City of Wichita

WASHINGTON (April 27, 2020) — Today, the U.S.




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EPA Announces $192 Million Water Infrastructure Loan to Reduce Sewer Overflows in Seattle

WASHINGTON (April 28, 2020) — Today, the U.S.




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Virus corona: Obama nói phản ứng của Mỹ là một 'thảm họa hỗn loạn'

Cựu tổng thống Obama đột nhiên mạnh mẽ chỉ trích người kế nhiệm Donald Trump về cách xử lý cuộc khủng hoảng virus corona.




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Mazda Motor Seeks $2.8 Billion In Loans To Ride Out Pandemic

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...




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Mazda Motor Seeks $2.8 Billion In Loans To Ride Out Pandemic

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...




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Mazda Motor Seeks $2.8 Billion In Loans To Ride Out Pandemic

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...




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As promoters fail to infuse capital, recast loans of Rs 50,000 cr fail at CDR cell in FY12

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.




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How farm loan waivers can hit corporate borrowing, RBI explains the math

Farm loan waivers by state governments have potential to crowd out corporate borrowing if financed through state debt issuance, the Reserve Bank of India (RBI) said in its annual report.




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SBI is geared to meet any additional demand for housing loans

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.




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Easy loans: Banks to sanction retail loans through portal

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.




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Working capital loan sanctions doubled, banks contacted 95% eligible firms for credit: FM Sitharaman

Nirmala Sitharaman’s office on Thursday had tweeted that PSBs sanctioned loans worth Rs 5.66 lakh crore for over 41.81 lakh accounts in MSME, retail, agriculture and corporate sectors during March-April 2020.





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World Bank makes US$390 million loan Pakistan's Tarbela hydroelectric plant extension

The World Bank has approved US$390 million in additional financing to be used by Pakistan's Water and Power Development Authority for extensions of its Tarbela hydroelectric plant.




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Orlando Pirates loanee Mokwena 'doesn't care about who pays him'

The former Buccaneers assistant coach feels that his boss at the Chilli Boys doesn’t get the credit he deserves for the financial support he provides ......




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Orlando Pirates loanee Mokwena 'doesn't care about who pays him'

The former Buccaneers assistant coach feels that his boss at the Chilli Boys doesn’t get the credit he deserves for the financial support he provides






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Olam secures $176m loan from IFC, JICA

Proceeds will be used to buy agri-commodities from farmers in Vietnam, Indonesia, Timor-Leste, Papua New Guinea and Uganda.

The post Olam secures $176m loan from IFC, JICA appeared first on DealStreetAsia.




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Govt mulls credit guarantee scheme for loans for payment of wages by MSMEs

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.




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Cash Loan to Emoloyee

To what amount can the employer give loan to his employee in cash.




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PSG 'preparing to ask Inter Milan to extend Icardi's loan or lower asking price from £62m to £44m'

Paris Saint-Germain are preparing to ask Inter Milan to either extend Mauro Icardi's season-long loan for another campaign or reduce the sum of the option-to-buy clause in his contract.




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Cenk Tosun cuts short his loan at Crystal Palace through injury and returns to Everton

Cenk Tosun has cut short his loan to Crystal Palace and returned to Everton amid concerns he is facing six months out with an injury after rupturing knee ligaments during training.




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Govt mulls credit guarantee scheme for loans for payment of wages by MSMEs

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 ...




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SBI के बाद PNB ने भी सस्ता किया Home Loan, जानिए कितनी घटेगी EMI

नई द‍िल्‍ली: हाल ही में देश के सबसे बड़े बैंक स्टेट बैंक ऑफ इंडिया (एसबीआई) ने एमसीएलआर दर में कटौती कर अपने ग्राहकों को तोहफा दिया है। एसबीआई के बाद होम लोन मुहैया कराने वाली कंपनी पीएनबी हाउसिंग फाइनेंस ने भी




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Crop loan NPAs rose by 3.2% in Gujarat: SLBC

Thanks to the unseasonal rain around Diwali, the extended monsoon and growing debt of farmers, non-performing assets (NPAs) among crop loans in Gujarat rose marginally by 3.2% in the third quarter of 2019-20.




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SBI's Emergency Loan Scheme: Get Rs 5 Lakh In 45 Mins Amid COVID-19 Lockdown

State Bank of India (SBI) has initiated an emergency loan scheme for its customers amid the nationwide lockdown to curb the spread of COVID-19. It allows bank account holders of the nation's largest bank to apply for the loan on its




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Crop loan NPAs rose by 3.2% in Gujarat: SLBC

Thanks to the unseasonal rain around Diwali, the extended monsoon and growing debt of farmers, non-performing assets (NPAs) among crop loans in Gujarat rose marginally by 3.2% in the third quarter of 2019-20.




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SBI ने Home Loan कर दिया महंगा, जानिए कितना बढ़ेगा बोझ

नयी दिल्ली। लॉकडाउन में देश के सबसे बड़े बैंक एसबीआई ने अपने ग्राहकों को एक तगड़ा झटका दिया है। एसबीआई ने रेपो रेट से जुड़ी होम लोन ब्याज दरों में 30 बेसिस पॉइंट्स का इजाफा किया है। इससे एसबीआई के होम




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Hyundai EMI Assurance Program Announced: Supports Working Individuals For Car Loan Repayments

Hyundai India has announced a unique ‘EMI Assurance' program due to the Covid-19 pandemic in the country. The new initiative supports working individuals with repayment of car loans in case any employment uncertainty.




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Mazda Motor seeks $2.8 billion in loans to ride out pandemic -source

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.




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Italian companies ask for $20 billion in state-guaranteed loans - credit agency

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.




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Working capital loan sanctions doubled in 2 days: Sitharaman




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

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




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New UK bank scheme leads to 100,000 loan applications on first day

UK-based banks have received around 100,000 applications in a single day after The Bounce Back Loans scheme for small businesses was released.




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JUDI.AI works with financial institutions to facilitate COVID-19 loans

Canada-based fintech startup JUDI.AI has announced trying to roll...




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Can loans scheme encourage green refurbishment of homes?

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.




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Home Buyers Spend More Time Researching a Car Purchase than Their Home Loan

More than half of borrowers spend five hours or less shopping for home financing options, according to Zillow survey




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Purchase Loan Activity Remains Strong Despite Rising Rates

Zillow Group Mortgage analysis shows that the mortgage payment on the typical home in most of the country's housing market would increase by $25 or less should interest rates rise to 4.25%




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Trump Poised to Offer Bridge Loans to Ailing Oil Companies

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




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Whole Foods loans to small, local producers

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




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SolarCity launches MySolar loan program for lease-shy homeowners

Homeowners with top-notch credit in California, Arizona, New Jersey and 5 other states will be eligible for direct loans from the PV-installing behemoth.




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IBM's Watson lands job at Memorial Sloan-Kettering

Watson will help doctors diagnose and treat cancer patients.



  • Sustainable Business Practices

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At this library, it's humans on loan, not books

By 'borrowing' someone from the Human Library, you get to learn their story — and share their humanity.



  • Arts & Culture

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What you need to know about the new program for green home loans

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




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Covid-19: SME brokers eligible for government bounce back loans

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