Search For "lender"
JSPL prepays USD 106 million debt for Australian entity
Updated : 2 years, 7 months ago IST
New Delhi [India], September 8 (ANI): Jindal Steel and Power Limited (JSPL) on Wednesday said that it has made a pre-payment of USD 106 million (about Rs 777.4 crore) to the lenders of its Australian entity.
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RBI imposes Rs 25 lakh penalty on Axis Bank
Updated : 4 years, 8 months ago IST
Mumbai (Maharashtra) [India], September 2 (ANI): The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 25 lakh on private sector lender Axis Bank for non-compliance with certain provisions of Know Your Customer (KYC) norms.
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IndusInd Bank launches mega currency chest in Chandigarh
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], August 12 (ANI): Private sector lender IndusInd Bank on Thursday launched a mega currency chest at Chandigarh to service 218 branches across Punjab and Haryana along with branches of other banks located in the two states.
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Australia names China state-owned lender firm in Parliament for deliberate
Updated : 4 years, 9 months ago IST
Canberra [Australia], August 12 (ANI): A Chinese state-owned lender firm was named in the Australian Parliament on Tuesday afternoon for deliberately bankrupting an Aussie company by misdirecting payments to take ownership.
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IndusInd Bank gets empanelled as agency bank to RBI
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], August 3 (ANI): Private sector lender IndusInd Bank said on Tuesday it has been empanelled by the Reserve Bank of India (RBI) as an agency bank to facilitate transactions related to government businesses.
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First-time borrowers and first generation entrepreneurs displayed tremendo
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], August 2 (ANI/PRNewswire): NeoGrowth, India's leading digital lender serving underbanked SME businesses, recently released the Social Impact Report 2021, which indicated that the company extended 64.5 percent of its loans to first-time borrowers while 84 percent
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Prest Loans and U GRO Capital join hands to solve the MSME credit gap in T
Updated : 4 years, 10 months ago IST
New Delhi, (Delhi), [India], July 28 (ANI/NewsVoir): Delhi based, MSME focused, digital lender Prest Loans (www.prestloans.com) has signed up a strategic alliance agreement with Mumbai based U GRO Capital (www.ugrocapital.com), a BSE listed technology enabled NBFC, to provide secured busines
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IndusInd Bank Q1 net profit doubles to Rs 1,061 crore
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 27 (ANI): Private sector lender IndusInd Bank on Tuesday reported a consolidated net profit of Rs 1,061 crore for the quarter ended June 30, marking a year-on-year rise of over 99 per cent.
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Kotak Mahindra Bank Q1 PAT up 32 pc at Rs 1,642 crore
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], July 26 (ANI): Private sector lender Kotak Mahindra Bank on Monday reported 32 per cent jump in its profit after tax for the April to June quarter to Rs 1,642 crore from Rs 1,244 crore in the same period of last year.
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NIIT, Axis Bank partner to launch digital banking academy
Updated : 4 years, 10 months ago IST
New Delhi [India], July 8 (ANI): NIIT Institute of Finance Banking and Insurance (NIIT IFBI) and Axis Bank have launched a fintech professional programme to build future-ready professionals for the private sector lender.
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Digital Lender "Prest Loans" forays into electrical vehicle (EV) financing
Updated : 4 years, 10 months ago IST
New Delhi [India], July 2 (ANI/NewsVoir): Prest Loans, a Dehi based, fast growing digital lending company (www.prestloans.com) has forayed into financing of electrical vehicles (EVs).
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Reliance Home Finance takes up resolution plan approved by lenders
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra) [India], June 21 (ANI): The board of directors at Reliance Home Finance (RHF) on Monday took note of a resolution plan approved by lenders under the Reserve Bank of India's (RBI's) prudential framework for resolution of stressed assets.
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