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Red Fort Capital NBFC awarded "Investment Grade" Credit Rating
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], August 10 (ANI/ATK): Red Fort Capital NBFC received an Investment Grade Rating BBB- from CARE for Long-term bank facilities of Rs 50 Cr.
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Bangladesh Finance Minister warns developing nations of Chinese loans stra
Updated : 4 years ago IST
Dhaka [Bangladesh], August 10 (ANI): Warning developing countries of taking Chinese loans through its Belt and Road Initiative (BRI), Bangladesh's finance minister Mustafa Kamal said that the nations must think twice about these loans as Beijing's poor lending decisions risk pushing these na
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Laos finds itself in China's 'debt trap': Report
Updated : 4 years ago IST
Vientiane [Laos], August 10 (ANI): Laos, a south-east Asian nation is at a high risk of default as the country has taken huge loans from China to build its large-scale infrastructure projects, giving new momentum to the 'debt trap' diplomacy.
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HDFC hikes lending rate by 25 bps, home loans to get costlier
Updated : 4 years ago IST
New Delhi [India] August 9 (ANI): Housing finance company HDFC has increased its retail prime lending rate on housing loans by 25 basis points, it said in a regulatory filing to the exchanges late on Monday night.
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Home loans growing much faster in Tier 3, 4 districts, shows SBI Research
Updated : 4 years ago IST
New Delhi [India], August 8 (ANI): Home loan portfolios in tier 3 and tier 4 districts are growing at a much faster rate than tier 1 and tier 2 districts post-pandemic, a study conducted by SBI Research showed.
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Dry cargo ship that left Odesa port with 33 tonnes of corn arrives in Ista
Updated : 4 years ago IST
Istanbul [Turkey], August 6 (ANI/Sputnik): The NAVISTAR general cargo ship loaded with 33 tonnes of corn that had left the Odesa port arrived in Istanbul on Saturday and will soon be inspected, the Turkish Defense Ministry said.
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Indian Bank inks MoU with SRM University-AP to lend up to 50 crores for st
Updated : 4 years ago IST
Andhra Pradesh [India], August 6 (ANI/NewsVoir): Indian Bank has collaborated with Hatchlab Research Centre, TBI of SRM University-AP to launch 'IND Spring Board', an initiative for financing start-ups and MSMEs. The bank will extend loans of up to Rs 50 crore to start-ups incubated at SRM H
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Long unannounced power cuts in Pakistan's Karachi
Updated : 4 years ago IST
Karachi [Pakistan], August 6 (ANI): Power outages piled up misery in Pakistan's Karachi in scorching heat as the main power provider of the city failed to meet its electricity consumption needs.
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Zambia calls off Chinese loans, saves itself from falling in Beijing's deb
Updated : 4 years ago IST
Lusaka [Zambia], August 6 (ANI): Southern African nation, Zambia, seems to have understood China's debt-diplomacy, which only reaps profits to Beijing while countries are pushed towards an economic crisis, as Lusaka cancelled USD 1.6 billion Chinese loans.
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Pakistan army chief reaches out to UAE, Saudi authorities on IMF loan
Updated : 4 years ago IST
Islamabad [Pakistan], August 5 (ANI): Chief of Pakistan Army, General Qamar Javed Bajwa, held a conversation with the authorities of the United Arab Emirates and Saudi Arabia and discussed disbursement under the International Monetary Fund (IMF) loan programme.
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Bank of Maharashtra conducts Customer Connect- CREDIT OUTREACH PROGRAMME a
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], August 5 (ANI/PNN): Bank of Maharashtra, the fastest Growing Public Sector Bank, organised a Customer Connect - CREDIT OUTREACH PROGRAMME on Friday, July 30, 2022, as a part of a series of such events being organized by the Bank across the country.
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HDFC seals USD 1.1 billion worth syndicated loan for affordable housing
Updated : 4 years ago IST
New Delhi [India], August 5 (ANI): Housing finance company HDFC on Friday announced the completion of the USD 1.1 billion syndicated social loan facility for the financing of affordable housing in India.
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