The World Bank's Board of Executive Directors approved a USD 100 million loan to help Odisha strengthen its early forecasting systems for improved disaster response.
The World Bank's Executive Board of Directors approved a USD 363 million loan to the southern Indian state of Karnataka to provide clean drinking water supply to two million rural households in the state through a piped water connection.
The Adani Group refuted the news report published by The Ken, a digital publication, that the conglomerate has not completed the repayment of USD 2.15 billion in share-backed debt.
Pakistan is in a fix as it has entered into a vicious cycle of borrowing loans to pay off the debts it had taken earlier, thus displaying the scenario that the country's economy will spiral out of control as even friendly countries refused to provide any more easy financial bailout or intere
American officials have accused China of engaging in "debt trap diplomacy" that is saddling countries with excessive debt for construction projects carried out by Chinese companies often using Chinese engineers, Chinese workers and Chinese equipment.
The top court said that the principles of natural justice demand that the borrowers must be served notice, given an opportunity to explain the conclusions of the forensic audit report, and be allowed to represent by the banks before their account is classified as fraud.
Ahmedabad (Gujarat) [India], March 27 (ANI/PNN): Ahmedabad based Sotac Pharmaceuticals Ltd. specializes in the production of high-quality pharmaceutical products on a loan license or contract manufacturing basis. The company has announced its IPO for 30,00,000 shares, where the price band
Pune (Maharashtra) [India], March 27 (ANI/NewsVoir): Bajaj Finserv, through its subsidiary Bajaj Finance, offers instant loans against gold jewellery, starting from Rs 5,000 to Rs 2 crore.
The Federal Deposit Insurance Corporation (FDIC) entered into a purchase and assumption agreement for all deposits and loans of recently failed US-based Silicon Valley Bridge Bank by First-Citizens Bank and Trust Company, Raleigh, North Carolina.
Recently inaugurated Pokhara International Airport has come up with a USD 215 million loan from the Chinese EXIM Bank. The terms for this financing are highly adverse for Nepal's economy. The rate of interest charged on this loan is 2 per cent, much higher than what other multilateral lender
After a protracted battle by India, the United States and Japan to get China to agree to restructure its massive loan of USD 7bn to Sri Lanka, the International Monetary Fund (IMF) approved the USD 2.286 billion (about USD 3bn) bailout for Sri Lanka on March 20. The Sri Lankan government und