Search For "borrowing"
Andhra's former minister alleges State government borrowed "Rs 1,12,750 cr
Updated : 1 year, 4 months ago IST
Buggana Rajendranath Reddy, former finance minister of Andhra Pradesh, criticised the TDP-led coalition government, accusing it of driving the state into a financial crisis through reckless borrowing and unfulfilled promises, according to a press statement issued on Sunday.
Read More
Department of Expenditure grants states additional borrowing ceiling of Rs
Updated : 1 year, 5 months ago IST
In a post on the social media platform X, the ministry added that the net borrowing ceiling for the states is fixed at 3 per cent of the Gross States Domestic Product (GSDP), i.e., Rs 9,39,717 crore for the financial year 2024-25 as per the recommendations of the Fifteenth Finance Commission
Read More
How India Borrows 2024: Home Credit India Study Reveals Aspirational Borro
Updated : 1 year, 6 months ago IST
New Delhi [India], November 6: Home Credit India, a local arm of the leading global consumer finance provider, has released the findings of its annual consumer study - How India Borrows. The sixth edition of the study reported a significant shift in borrowing patterns among the lower-middle-
Read More
HDFC SKY Launches Margin Trading Facility at 1% p.m. And Zero Transaction
Updated : 1 year, 6 months ago IST
Mumbai (Maharashtra) [India], October 25: HDFC SKY, one of India's premier discount broking platforms, is excited to announce a transformative set of offers aimed at significantly lowering transaction costs for its valued customers. The company has implemented a substantial 20% reduction in
Read More
Secure Attractive Interest Rates on Gold Loan with Bajaj Finance
Updated : 1 year, 7 months ago IST
Pune (Maharashtra) [India], October 5: Gold has always been a haven both for investors and borrowers. Even in recent times, gold loans are becoming increasingly popular for those seeking quick financial assistance. They allow borrowers to leverage their gold jewellery to secure funds without
Read More
NBFCs tap alternatives to grow as loans from banks slow: Crisil Ratings
Updated : 1 year, 7 months ago IST
Non-banking financial companies (NBFCs) are increasingly attempting to access funding sources beyond banks, such as through non-convertible debentures (NCD), commercial papers (CP), foreign currency borrowings (FCB) and securitisation, to continue their growth march, asserted Crisil Ratings.
Read More
Govt to issue Rs 20,000 cr 'Sovereign Green Bonds' in four tranches this f
Updated : 1 year, 7 months ago IST
The central government has planned to collect Rs 20,000 crores through the 'Sovereign Green Bonds' in the second half (Oct-Mar) of the financial year 2025, according to a release by the Finance Ministry
Read More
Centre plans to borrow Rs 6.61 lakh crore from market in second half of FY
Updated : 1 year, 7 months ago IST
Out of gross market borrowing of Rs 14.01 lakh crore budgeted for 2024-25, Rs 6.61 lakh crore or 47.2 per cent is planned to be borrowed in the second half, the Ministry of Finance said in a statement on Thursday.
Read More
Bajaj Finserv New Car Loan simplifies the borrowing experience for new car
Updated : 1 year, 7 months ago IST
Pune (Maharashtra) [India], September 25: As the festive season approaches, many people dream of purchasing a new car. The thrill of driving a new vehicle and the joy it brings is hard to resist. However, buying a car can be a significant financial commitment, which is where car loans come i
Read More
Innomet Advanced Materials Limited IPO Opens on September 11, 2024
Updated : 1 year, 8 months ago IST
Mumbai (Maharashtra) [India], September 11: Innomet Advanced Materials Limited, a global supplier of a wide spectrum of ferrous and non-ferrous metal/alloy powders, has announced its plan to go public with an Initial Public Offering on September 11, 2024. The company aims to raise Rs 3,423.6
Read More
Pakistan's humungous internal borrowings push it towards a double debt cri
Updated : 1 year, 8 months ago IST
Pakistan currently finds itself in a double-edged debt trap. The entire budget of the country goes into domestic and foreign debt servicing, which consumes its tax revenue, hence, the country is forced to rely on its internal borrowing for survival.
Read More
Ganesh Chaturthi Sale: Discover Exciting Offers on LED TVs, Washing Machin
Updated : 1 year, 8 months ago IST
Pune (Maharashtra) [India], September 6: With Ganesh Chaturthi around the corner, it's the ideal time to take advantage of festive offers on essential home appliances. Whether it's upgrading to a new LED TV, investing in a reliable washing machine, or purchasing a high-capacity refrigerator,
Read More