Search For "lender"
Sri Lanka succumbs to Chinese investment trap
Updated : 4 years, 2 months ago IST
Colombo [Sri Lanka], March 22 (ANI): Sri Lanka is battling one of its worst economic crises in over seven decades, as successive governments in the island nation have ignored sovereign bonds to Sri Lanka, with China being a major lender.
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JSP prepays 357 Million USD loan in its Mauritius entity; aims to be Net d
Updated : 4 years, 2 months ago IST
New Delhi [India], March 20 (ANI/Jindal Steel and Power Ltd): Jindal Steel & Power (Mauritius), a wholly-owned subsidiary of JSP has prepaid a USD357mn loan to its lenders. This prepayment will help clear the entire debt on JSPML. This loan had corporate guarantees from JSP India, which
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HDFC Bank surges 3.25 per cent after RBI lifts restrictions from the bank'
Updated : 4 years, 2 months ago IST
Mumbai (Maharashtra) [India], March 14 (ANI): The share price of HDFC Bank surged 3.25 per cent on Monday after the Reserve Bank of India (RBI) lifted all the restrictions imposed on the lender regarding its business-generating activities under a programme called Digital 2.0.
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Loan provider Clix Capital digitizes collections business with Vymo for im
Updated : 4 years, 2 months ago IST
Bengaluru (Karnataka) [India], March 14 (ANI/PRNewswire): Vymo - one of the fastest-growing sales engagement platforms for financial institutions - today announced that Clix Capital - India's leading non-bank lender - will be deploying its platform to digitize its collections business.
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RBI lifts restrictions on HDFC Bank's new digital launches
Updated : 4 years, 2 months ago IST
Mumbai (Maharashtra) [India], March 12 (ANI): HDFC Bank on Saturday said the Reserve Bank of India (RBI) has lifted all the restrictions imposed on the lender regarding its business-generating activities under a programme called Digital 2.0.
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Falling nationwide recovery rate: Kenstone Capital emerging as the new one
Updated : 4 years, 2 months ago IST
New Delhi [India], March 3 (ANI/SRV): With the latest reports showing a downward trend in the debt collection and recovery rate for the banks and financial institutions, lenders are continuing to face major financial losses. Along with the institutional money lenders and banks, the firms eng
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Biz2X-Powered Made-in-India Middleware Platform 'Maadhyam' launched for Le
Updated : 4 years, 2 months ago IST
Noida (Uttar Pradesh) [India], February 28 (ANI/NewsVoir): In line with the government's mission of making India "Aatmanirbhar", Biz2X launched first-of-its-kind middleware platform "Maadhyam".
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Imran Khan govt surrendered country's economic control to IMF: Pak Opposit
Updated : 4 years, 3 months ago IST
Lahore [Pakistan], February 19 (ANI): Pakistani leader and Jamaat-i-Islami (JI) chief Sirajul Haq has lashed out at Imran Khan government for destroying every institution over the last three-and-a-half years, and said that the surrender of the country's economic control to the IMF and the wo
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SBI, PHDCCI hold industry outreach programme to help SMEs in Haryana
Updated : 4 years, 3 months ago IST
New Delhi [India], February 18 (ANI): PHD Chamber of Commerce and Industry (PHDCCI) in association with the country's largest lender State Bank of India (SBI) has started an industry outreach programme to help small and micro enterprises (SMEs) affected by COVID-19 pandemic in Haryana.
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Exiled Chinese businessman Guo Wengui files for bankruptcy
Updated : 4 years, 3 months ago IST
New York [US], February 18 (ANI): Exiled Chinese businessman Guo Wengui filed for bankruptcy protection after a New York judge ordered him to pay USD 134 million in fines for moving a yacht out of the reach of an unpaid lender.
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SBI hikes interest rates on long-term FDs by upto 15 bps
Updated : 4 years, 3 months ago IST
New Delhi [India], February 16 (ANI): The country's largest lender State Bank of India (SBI) has increased interest rates on fixed deposits (FDs) by up to 15 basis points or 0.15 per cent with effect from February 15, 2022.
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SBI profit surges 62 pc to Rs 8,432 crore in Q3
Updated : 4 years, 3 months ago IST
Mumbai (Maharashtra) [India], February 5 (ANI): State Bank of India, the country's largest lender, on Saturday said its net profit surged 62.27 per cent to Rs 8,432 crore in the third quarter of the current financial year when compared with the corresponding period of the previous year.
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