Search For "loan"
EU proposes 18-billion-euro support package for Ukraine
Updated : 3 years, 4 months ago IST
This stable, regular and predictable financial assistance - averaging EUR1.5 billion per month - will help cover a significant part of Ukraine's short-term funding needs for 2023, which the Ukrainian authorities and the International Monetary Fund estimate at EUR3 to EUR4 billion per month.
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China-funded secret railway contract unearthed in Kenya: Report
Updated : 3 years, 4 months ago IST
The USD 4.7 billion rail project known as the Standard Gauge Railway starts from Kenya's coastal region, began five years ago and has become the focus of multiple criminal investigations, weighing down the country's economy with debt.
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CBI arrests two former Directors of Bharat Papers
Updated : 3 years, 4 months ago IST
The Central Bureau of Investigation (CBI) on Wednesday arrested two then Directors of a private company (Borrower) based at Kathua in Jammu and Kashmir (J&K) in an ongoing investigation of a bank fraud case.
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Moneyboxx secures term loan worth Rs 50 crores from SBI to further boost i
Updated : 3 years, 4 months ago IST
New Delhi [India], November 9 (ANI/NewsVoir): Moneyboxx Finance Limited - a BSE-listed NBFC that provides small-ticket business loans to micro entrepreneurs in Tier-III cities and below, secured Rs 50 crores term loan from SBI for a period of 4 years.
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SBI shares surge nearly 4% to record high of Rs 622 apiece
Updated : 3 years, 4 months ago IST
The lender posted a surge of 74 per cent in its net profit to Rs 13,264 crore for the quarter ended September, against Rs 7,627 crore in the year-ago period, on the back of robust loan sales, higher interest income and lower provisions. In five days, the stocks of the lender have managed to
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SBI posts 74 pc jump in profit, its highest quarterly profit
Updated : 3 years, 4 months ago IST
In the lender's statement, SBI said its net interest income grew 12.8 per cent to Rs 35,183 crore. Home loan portfolio grew 14 per cent to Rs 5.94 lakh crore and accounted for more than half its retail portfolio of Rs 10.7 lakh crore. It also said corporate loans surged 21 per cent year on y
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Africa in desperate need for alternatives to tackle China's debts
Updated : 3 years, 4 months ago IST
As the global economy is moving towards recession, African countries, where China has leveraged lopsided loans for geopolitical gain, are in debt distress and need alternatives fast.
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K'taka govt to bring law to prevent auction of farmers' property over dela
Updated : 3 years, 4 months ago IST
Karnataka Chief Minister Basavaraj Bommai said that in case of non-payment of agricultural loans, farmers must be given time for repayment and not confiscate or auction their property.
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Pakistan's economic condition worsens as default on borrowing spikes
Updated : 3 years, 4 months ago IST
Fast deteriorating CDS is signalling the foreign investors that Islamabad is precariously near default. Rather than taking SOS measures for economic revival, Islamabad is still pinning its hope on assistance from Saudi Arabia and China which have dried up in the recent past.
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How to secure your future with high special FD rates from Bajaj Finance
Updated : 3 years, 4 months ago IST
Pune (Maharashtra) [India], November 4 (ANI/NewsVoir): In response to the 50-basis point hike in the repo rate recently, issuers are now offering higher FD rates. This makes for a great opportunity for investors like you to secure your future. After all, FD rates have a direct correlation wi
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ED questions industrialist Venugopal Dhoot in ICICI Bank-Videocon loan cas
Updated : 3 years, 4 months ago IST
In March 2019, the Enforcement Directorate also questioned Videocon Industries Chairman Venugopal Dhoot along with Mahesh Pungalia, a director of NuPower Renewables and a close aide of Dhoot, in the case.
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Pakistan's risk of default spikes to 13-year high of 52.8 per cent
Updated : 3 years, 4 months ago IST
Following the global rating agencies Moody's and Fitch downgrading Pakistan's credit rating in recent weeks, Islamabad's risk of default spiked to a 13-year high of 52.8 per cent.
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