Search For "loan"
China looking for new ways to resolve current debt quagmire: Report
Updated : 3 years, 5 months ago IST
Beijing [China], October 3 (ANI): After the first version of China's flagship Belt and Road initiative was blocked, Beijing is working on a 2.0 version while being open to accepting some losses on loans and renegotiating debt, something it had been previously unwilling to do, a report said.
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China falls into its own debt trap as loans under Belt and Road Initiative
Updated : 3 years, 5 months ago IST
Beijing [China], October 3 (ANI): China is falling into its own debt trap as the country's banks have sharply reduced lending to low-income countries under its flagship Belt and Road initiative (BRI) after the crumbled economies of borrowing countries have left the Asian giant with huge pile
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DHFL case: Special Court dismisses statutory bail plea of Wadhawan brother
Updated : 3 years, 5 months ago IST
New Delhi [India], October 3 (ANI): The Rouse Avenue Court has dismissed the statutory bail plea of former Dewan Housing Finance Corporation Limited (DHFL) promoters, Kapil Wadhawan and his brother Dheeraj, arrested by the Central Bureau of Investigation (CBI) in connection with the multi
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China's debt trap policy boomerangs amid slowing foreign economies
Updated : 3 years, 5 months ago IST
Beijing [China], October 1 (ANI): China's debt trap policy has boomeranged with many loans to emerging economies falling into repayment troubles due to financial distress and a slowing economy.
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Poonawalla Fincorp's rating upgraded to AAA by Care Ratings
Updated : 3 years, 5 months ago IST
Pune (Maharashtra) [India], October 1 (ANI/BusinessWire India): Care Ratings Ltd (Care) has upgraded the long-term rating of Poonawalla Fincorp Limited (PFL) and its subsidiary, Poonawalla Housing Finance Limited (PHFL) to "CARE AAA (Triple A), Stable". This rating is applicable for bank loa
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Experts fear rate hike may dampen consumption, express optimism over resil
Updated : 3 years, 5 months ago IST
New Delhi [India], September 30 (ANI): After the Reserve Bank of India (RBI) hiked repo rate on Friday, it brings into focus how the hike was in line with the tightening policies across the economies as expected by experts.
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Pakistan urges IMF to ease harsh terms on power tariffs, fuel taxes
Updated : 3 years, 5 months ago IST
Islamabad [Pakistan], September 30 (ANI): Amid a worsening economic crisis due to floods, high inflation and depreciating currency, Pakistan on Friday urged the International Monetary Fund (IMF) to ease harsh terms which require Islamabad to increase power tariffs and fuel taxes over next si
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Balaji Credit offers comprehensive financial solutions to SME's, drives gr
Updated : 3 years, 5 months ago IST
New Delhi [India], September 29 (ANI/ATK): A pioneer in working capital and SME Loans, Balaji Credit Services Pvt Ltd is helping SME's, Start-ups and Corporates to avail the best financial and loan products in form of working capital at the right time and for the right purpose. The firm prov
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Paul Merchants Finance gets a New Core Banking System from Sesame Software
Updated : 3 years, 5 months ago IST
Chandigarh [India], September 29 (ANI/PRNewswire): Sesame (A Speridian Co) was chosen as the transformation partner by Paul Merchants Finance and has successfully implemented its Beacon Loan Management System and digital lending solution at Paul Merchants finance Ltd.
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Tata Capital Home Loan balance transfers, What you need to know
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 28 (ANI/BusinessWire India): Tata Capital's Home Loan offering, popular for its low interest rates and simple application process, also provides a seamless home loan balance transfer process. You can now move your home loans from other financial instit
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ADB pledges USD 14 billion for food security in Asia and Pacific by 2025
Updated : 3 years, 5 months ago IST
Manila [Philippines], September 28 (ANI): The Asian Development Bank (ADB) has announced it plans to provide at least USD 14 billion over 2022-2025 as support to ease a "worsening food crisis" in Asia and the Pacific.
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Finance Minister reviews performance of credit and other welfare schemes f
Updated : 3 years, 5 months ago IST
New Delhi [India], September 27 (ANI): Finance Minister Nirmala Sitharaman on Tuesday reviewed the performance of credit and other welfare schemes for Scheduled Castes (SCs) in public sector banks during a meeting on Tuesday.
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