Colombo [Sri Lanka], September 16 (ANI): Sri Lanka's economic crisis has become a wake-up call for the international community as the country has emerged as a straightforward example of falling prey to China's debt trap diplomacy as the unprecedented economic and social crisis in the country
New Delhi [India], September 13 (ANI/ATK): Personal loan is among the most preferred loan options for individuals requiring quick loan disbursals. Personal loans come with benefits like minimal paperwork, quicker disbursal, no requirement of collateral and zero restrictions in terms of end u
Colombo [Sri Lanka], September 13 (ANI): Sri Lanka has reached an agreement with the International Monetary Funds (IMF) regarding debt restructuring which will start only after all Sri Lankan creditors agree to restructure their existing loans to the island nation. On the other hand, while C
Islamabad [Pakistan], September 10 (ANI): The Indo-Pacific Economic Framework (IPEF) can change the economic dynamics of the Asia-Pacific region, especially Pakistan as the group is ostensibly created to encourage regional economies to "decouple" from the Chinese market by providing them alt
New Delhi [India], September 9 (ANI): Union Finance Minister Nirmala Sitharaman, in a meeting with secretaries and top RBI officials, has outlined multiple steps to prevent operations of illegal loan apps that work outside the regular banking channels.
Rajahmundry (Andhra Pradesh) [India], September 9 (ANI): Andhra Pradesh Chief Minister YS Jagan Mohan Reddy has directed officials to take stringent action against online money-lending apps for harassment and blackmailing at their hands.
Brussels [Belgium], September 7 (ANI): The European Commission on Wednesday proposed a further 5 billion euros in macro-financial assistance (MFA) loans to Ukraine, a press release by European Commission read.
Mumbai (Maharashtra) [India], September 6 (ANI/PNN): Bank of Maharashtra (BoM) has organised a credit outreach programme on Saturday at Pune under which it has sanctioned loans worth more than Rs 1,000 crore. Sanjay Malhotra, Secretary, Department of Financial Services was the chief guest fo
Colombo [Sri Lanka], September 5 (ANI): As the debt crisis continues to grip the island nation of Sri Lanka, the root cause of problems behind the loans lent by China are weak regulatory frameworks in the country and weak circumspection exercised by politicians and public officials in making
New Delhi [India], September 5 (ANI): Fintech solutions provider One 97 Communications, which operates the popular payment platform Paytm, denied any links with the merchants that are currently under the enforcement agency's watch.
Colombo [Sri Lanka], September 3 (ANI): Sri Lanka's main Opposition party Samagi Jana Balawegaya vowed in the Parliament on Friday that it would not let the government sell their national assets to redeem its loan obligations to China.
New Delhi [India], September 3 (ANI): The Enforcement Directorate (ED) on Friday carried out search operations at six premises in Bengaluru in respect to an investigation relating to the Chinese loan app case.