Search For "lending"
China's hypocrisy on Ukraine on full display in United Nations
Updated : 3 years, 5 months ago IST
Beijing [China], October 10 (ANI): China's sugar-coated diplomatic remarks at the UN platforms pertaining to the war in Ukraine hold no value as Beijing is in fact "spitting fire" from behind by lending indirect support to Russia, chiding the West for its arms aid to Kyiv and also exploiting
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Govt notifies establishment of 'Credit Guarantee Scheme for Startups'
Updated : 3 years, 5 months ago IST
New Delhi [India], October 7 (ANI): The Department for Promotion of Industry and Internal Trade (DPIIT) has notified the establishment of the Credit Guarantee Scheme for Startups that will act as a key enabler and risk mitigation measure for lending institutions and ensure collateral-free fu
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China falls into its own debt trap as loans under Belt and Road Initiative
Updated : 3 years, 5 months ago IST
Beijing [China], October 3 (ANI): China is falling into its own debt trap as the country's banks have sharply reduced lending to low-income countries under its flagship Belt and Road initiative (BRI) after the crumbled economies of borrowing countries have left the Asian giant with huge pile
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Paisabazaar's credit awareness initiative reaches 30 million consumers fro
Updated : 3 years, 5 months ago IST
Gurgaon (Haryana) [India], October 3 (ANI/NewsVoir): Paisabazaar, India's largest digital marketplace for consumer credit and free credit score platform, announced today that over 30 million consumers have checked their credit score on its platform in the last 6+ years. Paisabazaar offers co
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RBI hikes repo rate by 50 bps to fight high inflation, tightening policies
Updated : 3 years, 5 months ago IST
Mumbai [India], September 30 (ANI): Reserve Bank of India's Governor Shaktikanta Das today announced the hike of the repo rate, the key lending rate, by 50 bps to 5.9 per cent. Explaining the rationale behind the policy, the governor said the bleak global economic outlook, persisting inflati
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RBI hikes repo rate by 50 bps to 5.90 pc, inflation projection retained at
Updated : 3 years, 5 months ago IST
Mumbai [India], September 30 (ANI): The Reserve Bank of India (RBI) on Friday hiked repo rate by 50 basis points to 5.90 per cent in order to control the rising inflation, keeping in line with the aggressive policies of central banks and the volatile markets prevalent across economies. Read More
Paul Merchants Finance gets a New Core Banking System from Sesame Software
Updated : 3 years, 6 months ago IST
Chandigarh [India], September 29 (ANI/PRNewswire): Sesame (A Speridian Co) was chosen as the transformation partner by Paul Merchants Finance and has successfully implemented its Beacon Loan Management System and digital lending solution at Paul Merchants finance Ltd.
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China's real estate sector poses 'large risks' to shadow bank lending: Moo
Updated : 3 years, 6 months ago IST
Singapore, September 28 (ANI): China's property sector still poses "large risks" to shadow bank lending amid ongoing liquidity stress, despite the falling proportion of shadow banking in the industry, Moody's Investors Service said.
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5 emerging leaders in the fintech and lending space in India
Updated : 3 years, 6 months ago IST
New Delhi [India], September 27 (ANI/GPRC): Financial inclusion is one of the leading goals of the Indian economy. While traditional methods dominated the banking and lending landscape as recently as 4-5 years ago, the pandemic changed everything. As a result, it's not uncommon to see even t
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China uses clever tactics of African countries' loan waiver to change its
Updated : 3 years, 6 months ago IST
Beijing [China], September 25 (ANI): After eyebrows were raised on China's debt trap policy under its Belt Road Initiative (BRI), it announced a loan waiver for African countries to change the narrative, however, the amount of these loans was not even 1 per cent of its total lending to the c
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Shopping with Bajaj Finserv EMI Card gets even more exciting during the Am
Updated : 3 years, 6 months ago IST
Pune (Maharashtra) [India], September 22 (ANI/NewsVoir): Bajaj Finance Limited (BFL), the lending arm of Bajaj Finserv Limited and India's largest and highly diversified NBFC company, is making the shopping experience for its customers more exciting this festive season. From September 23, 20
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China goes easy on foreign lending as BRI loans mounts
Updated : 3 years, 6 months ago IST
Dalian [China], September 21 (ANI): China's flagship Belt and Road Initiative (BRI) has hit a snag, with many loans to emerging economies falling into repayment troubles, forcing Beijing to scale back on lending.
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