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ADB assures $2.2 billion support package to India for battling COVID-19
Updated : 6 years, 4 months ago IST
Manila [The Philippines], April 10 (ANI): Asian Development Bank (ADB) President Masatsugu Asakawa on Friday assured Finance Minister Nirmala Sitharaman of 2.2 billion dollars (about Rs 16,820 crore) support to India in its fight against novel coronavirus disease (COVID-19) pandemic.
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Govt files are major source of spread of coronavirus in offices, says form
Updated : 6 years, 4 months ago IST
New Delhi [India], April 9 (ANI): Former Indian Medical Association president KK Aggarwal on Thursday said that the spread of coronavirus through an official file in the Madhya Pradesh Health department is not unexpected as government files are non-porous and have heavy accumulation of vira
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PNB Housing Finance signs pact with JICA to raise $75 million
Updated : 6 years, 4 months ago IST
New Delhi [India], April 7 (ANI): PNB Housing Finance has signed an agreement with Japan International Cooperation Agency (JICA) to raise 75 million dollars (about Rs 568 crore) with co-financing of 25 million dollars (about Rs 190 crore) by Citibank to finance mortgage loans in the affordab
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Uttarakhand CM directs cooperative banks to extend repayment of farmers lo
Updated : 6 years, 4 months ago IST
Dehradun (Uttarakhand) [India], April 6 (ANI): Uttarakhand Chief Minister Trivendra Singh Rawat has directed cooperative banks to extend the repayment of crop and agricultural loans by the farmers for three months.
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Get money in 2 clicks with instant personal loans from Bajaj Finserv
Updated : 6 years, 4 months ago IST
Pune (Maharashtra) [India], April 6 (ANI/BusinessWire India): In today's day and age, one is likely to have endless needs and ever-increasing spending power.
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Delhi HC asks Yes Bank to file response on private company's plea
Updated : 6 years, 4 months ago IST
New Delhi [India], April 1 (ANI): The Delhi High Court on Wednesday asked the Yes Bank to file a response on a private company's plea regarding not to take coercive or adverse steps for its failure in paying loan instalments.
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Special court rejects interim bail of Hilal Ahmad Rather in misappropriati
Updated : 6 years, 4 months ago IST
Jammu (Jammu and Kashmir) [India], Mar 31 (ANI): A special CBI court in Jammu on Tuesday rejected the interim bail plea of Hilal Ahmad Rather in connection with a case pertaining to the misappropriation of an approximately Rs 177.68 crore loan.
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Centre extends crop loan interest benefits till May 31
Updated : 6 years, 4 months ago IST
New Delhi [India], Mar 30 (ANI): In view of the situation arising out of the nationwide COVID-19 lockdown, the Centre has extended the benefit of 2 per cent interest subvention (IS) to banks and 3 per cent prompt repayment incentive (PRI) to all farmers till May 31 for all crop loans upto Rs
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Coronavirus-driven lockdown will hurt Indian ABS performance
Updated : 6 years, 4 months ago IST
Singapore, Mar 30 (ANI): The economic disruption caused by a 21-day lockdown in India will hit the performance of the commercial vehicle and small and midsize enterprise (SME) loans in asset-backed securities (ABS), according to Moody's Investors Service.
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Making gold metal loan a robust financial product is key to successful GMS
Updated : 6 years, 4 months ago IST
New Delhi [India], Mar 30 (ANI): Banks must sanction a gold metal loan (GML) in the weight of gold and permit its rollover on paper without importing physical gold, a leading industry expert has said.
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Boost your small business with a working capital loan from Bajaj Finserv
Updated : 6 years, 4 months ago IST
Pune (Maharashtra) [India], Mar 30 (ANI/BusinessWire India): Working capital management remains a critical part of an SME's operations, either contributing to growth or causing a slump.
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Gurugram real estate developers laud RBI measures
Updated : 6 years, 4 months ago IST
Gurugram (Haryana) [India], Mar 28 (ANI/ NewsVoir): Gurugram realty developers have lauded RBI measures to inject liquidity into the Indian economy. The Reserve Bank of India today slashed the repo rate by 75 bps to 4.4 percent and reduced the reverse repo rate by 90 bps to 4 percent. Moreov
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