Andhra Pradesh Chief Minister YS Jagan Mohan Reddy released Rs. 46.90 crore on Thursday towards reimbursement of interest for 4,07,323 beneficiaries who have availed housing loans from banks under Navaratnalu-Pedalandariki Illu. Reimbursement is done twice a year.
The loan was approved after the IMF Executive Board completed its first review last week, bringing the total disbursements under the USD 3 billion Standby Arrangement (SBA) to about USD 1.9 billion.
"230 million women received their bank accounts for the first time courtesy of the Jan Dhan Yojna. Of the 400 million loans given out, 70 per cent of beneficiaries were women with women-owned businesses, which means, 280 million women-owned businesses received funds. The NPA was less than 2.
Chennai (Tamil Nadu) [India], January 17: Uncia Technologies today announced the go-live of Uncia Chain, its state-of-the-art Supply Chain Finance platform, at Unity Small Finance Bank Limited (Unity Bank), a new-age, digital-first bank.
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New Delhi [India], January 17: Welcome to the financial world where adaptability meets your unique needs--the world of Flexi Personal Loans. Let us learn about the essence of this dynamic financial tool. Life's unpredictabilities demand a solution that can flexibly cater to diverse situation
Amid the crippling economic woes in Pakistan, the Executive Board of the International Monetary Fund (IMF) completed its first review of the country's economic reform programme and allowed the immediate disbursement of USD 700 million, ARY News reported on Thursday.
London [UK], January 11: In a move to foster global education and support aspiring students, Prodigy Finance has announced that it is now financing international master's students to pursue their studies in Australia. Prodigy Finance, a social impact-driven FinTech and a leading internationa
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The penalty is a result of the bank's non-compliance with various directives issued by the RBI, including those pertaining to 'Loans and Advances to directors, relatives, and firms/concerns in which they are interested,' 'Placement of Deposits with Other Banks by Primary (Urban) Co-operative
According to Fitch Ratings, the securitization involves electric vehicles (EVs) and presents unique challenges due to Tesla's limited historical credit loss performance, as the company only started originating auto loans in Q4 2021.