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L&T Infrastructure Finance closes $100 million ECB from AIIB
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], July 7 (ANI): L&T Infrastructure Finance Company Ltd (LTIF) has received the first tranche of 50 million dollars of the total 100 million dollars external commercial borrowing loan from Asian Infrastructure Investment Bank (AIIB), a multilateral developme
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Shares of Bajaj Finance jump 3.9 pc after June quarter performance
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], July 7 (ANI): The shares of Bajaj Finance jumped by 3.9 per cent in the afternoon on Tuesday, a day after the company said it may consider additional accelerated provisioning for COVID-19 in Q1 FY21 and to further strengthen its balance sheet.
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Kanye West's Yeezy received USD 2 Million-plus from federal pandemic loan
Updated : 6 years, 1 month ago IST
Washington D.C. [USA], July 7 (ANI): American rapper Kanye West's Yeezy company received more than 2 million USD through the Paycheck Protection Program (PPP), the Small Business Administration disclosed on Monday.
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Edelweiss Financial Services clocks FY20 loss at Rs 2,045 crore
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], July 6 (ANI): Diversified group Edelweiss Financial Services Ltd has reported a net loss of Rs 2,045 crore due to increase in provisions for impairment on loans and financial instruments.
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HDFC Bank advances up 21 pc at Rs 10 lakh crore by Q1-end
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], July 4 (ANI): Private sector lender HDFC Bank on Saturday reported 21 per cent growth in its advances which totalled Rs 10.04 lakh crore on June 30 as compared to Rs 8.29 lakh crore a year ago and Rs 9.93 lakh crore on March 31.
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SBI sanctions Rs 300 crore loan to PTC India Financial Services
Updated : 6 years, 1 month ago IST
New Delhi [India], July 3 (ANI): PTC India Financial Services said on Friday that State Bank of India (SBI) has sanctioned it a term loan working capital augmentation (TLWC) of Rs 300 crore.
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No funds from Centre, Maharashtra will have to take loan to pay salaries o
Updated : 6 years, 1 month ago IST
Pune (Maharashtra) [India], July 2 (ANI): Maharashtra Minister Vijay Wadettiwar on Thursday said the state has not received any funds from the Centre and now the situation is such that the state government will have to take a loan to pay next month salaries of government employees.
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Chabahar Port sets record of loading 76 TEUs from Iran to India
Updated : 6 years, 1 month ago IST
New Delhi [India], July 2 (ANI): The Shahid Beheshti Port of Chabahar in Iran, operated by India, set new a record by handling a record 76 TEUs (twenty-foot equivalent units) of cargo.
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Global air passenger demand in May shows slight improvement
Updated : 6 years, 1 month ago IST
Geneva [Switzerland], July 2 (ANI): The International Air Transport Association (IATA) has said that global air passenger demand in May measured in revenue passenger kilometres dropped 91.3 per cent as compared to the same period last year.
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SECR creates history, connects and runs 3 freight trains in 'Anaconda' for
Updated : 6 years, 1 month ago IST
New Delhi [India], June 30 (ANI): Bilaspur division of South East Central Railway (SECR) has created history by joining and running three loaded freight trains in "Anaconda" formation through Bilaspur and Chakradharpur divisions, Ministry of Railways said.
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Rural loan seekers to benefit as CSC ties up with TransUnion for CIBIL sco
Updated : 6 years, 1 month ago IST
New Delhi [India], June 30 (ANI): The Common Service Centre (CSC) special purpose vehicle under the Ministry of Electronics and Information Technology has partnered with credit rating agency TransUnion CIBIL Ltd to provide consumers CIBIL score.
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J&K Bank reports net loss of Rs 1,139 crore due to bad loans
Updated : 6 years, 1 month ago IST
Srinagar (Jammu and Kashmir) [India], June 30 (ANI): J&K Bank has registered a net loss of Rs 1,139 crore for the financial year ended March (FY20) due to higher provisioning for bad loans.
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