Search For "cred"
Axis bank writes to BSE over disclosure requirements in Nirav Modi fraud c
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 15 (ANI): In wake of the fraud being detected by Punjab National Bank (PNB), Axis Bank on Thursday wrote to National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), notifying the Buyer's Credit transactions it has undertaken with PNB.
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Expansion of central road fund unlikely to impact sectoral allocation
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 13 (ANI): With the recent hike proposed towards the Central Road Fund Act, 2000, credit-rating body ICRA noted that fund allocation to this sector would remain unaffected, adding that allocations, however, would now depend on priority of the infrastructure projects.
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RBI rolls out new stressed assets framework to tackle bad loan problem
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 13 (ANI): The Reserve Bank of India (RBI) scrapped numerous loan restructuring programmes, asking banks to immediately identify defaults and make disclosures every Friday to the RBI credit registry, starting from February 23.
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Lendingkart secures Rs. 565 cr to expand credit offering
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 12 (ANI): Lendingkart Technologies Private Limited (a Lendingkart Group Company), announced that it is raising over Rs. 565 crore equity funding in its Series C capital-raising to further strengthen its technological and analytics capabilities, expand its credit produc
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ePaylater, FidyPay partner to provide float wallet recharge to merchants f
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 12 (ANI): India's leading digital payments solution extending interest free credit terms for a stipulated period ePaylater has announced its partnership with holistic micro digital payment service provider, FidyPay, to provide the latter's merchants with a simple way t
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GST Council promotes affordable housing for the masses
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 8 (ANI): The Goods and Services Tax (GST) Council in its 25th meeting held on January 18, had made several important recommendations for the housing sector which are expected to promote affordable housing for the masses in the country.
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Antony calls PM's claim on OROP 'factually wrong'
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb. 7 (ANI): Congress leader and former defence minister AK Antony on Wednesday slammed Prime Minister Narendra Modi for taking the credit for implementation of One Rank One Pension (OROP) initiative.
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Home Credit India appoints Anirban Majumder as CFO
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 6 (ANI): One of India's fastest growing non-banking financial companies, Home Credit India Finance Pvt. Ltd., on Tuesday appointed Anirban Majumder as its new Chief Financial Officer (CFO).
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K'taka polls: Siddaramaiah questions PM's credibility
Updated : 8 years, 1 month ago IST
Bengaluru (Karnataka) [India], February 05 (ANI): Karnataka Chief Minister Siddaramaiah on Monday came down heavily upon Prime Minister Narendra Modi while saying that he should carry 'high credibility' while levelling any allegation against the state government.
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Tendulkar lauds BCCI for U-19 World Cup glory
Updated : 8 years, 1 month ago IST
Kolkata (West Bengal) [India], Feb 4 (ANI): Hailing the Under-19 cricket team for the World Cup glory, Indian legendary cricketer Sachin Tendulkar gave credit to the Board of Control for Cricket in India (BCCI) for providing the young players with proper infrastructure.
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India gets its first MSE sentiment index
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 4 (ANI): Finance Minister Arun Jaitley has launched CriSidEx, India's first sentiment index for micro and small enterprises (MSEs) developed jointly by credit rating body CRISIL and Small Industries Development Bank of India (SIDBI) here.
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Increased allocation to infra will benefit rural economy: ICRA
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 3 (ANI): In the wake of the increased allocation to infrastructure in the Union Budget 2018-19, credit-rating body ICRA noted that this would provide a significant boost to the rural economy.
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