Washington [US], April 23 (ANI): Sri Lanka has asked for another one billion US dollar credit from India for imports as well as a 500 million US dollar loan for oil imports, Finance Minister Ali Sabry said as the country faces dire economic situation.
New Delhi [India], April 23 (ANI): A report has stated that while farm loan waivers reduce the quality of expenditure by implementing states, it also negatively affects institutional incentives to disburse agricultural credit.
New Delhi [India], April 22 (ANI): Public sector lender Bank of Baroda on Friday said it has lowered the interest rate on home loans by 0.25 per cent or 25 basis points to 6.50 per cent for a limited period till June 30.
New Delhi [India], April 21 (ANI/PNN): The year 2022 saw the public release of the Converge App powered by Collegepond for students planning to study abroad.
Washington [US], April 20 (ANI/Sputnik): The Biden administration issued a release announcing that it is taking steps to correct "historic failures" that have hamstrung some 46 million student loan borrowers in debt amounting to USD 1.75 trillion.
Bengaluru (Karnataka) [India] April 19 (ANI/BusinessWire India): Kinara Capital, India's fast-growing MSME fintech, closed a fresh equity round of INR 380 crores led by Nuveen, a leading global investment manager with over USD 1.3 trillion of assets under management, with participation from
New Delhi [India], April 19 (ANI): The country's largest lender State Bank of India (SBI), and other government and private banks including Axis Bank, Bank of Baroda and Kotak Mahindra Bank, on Tuesday increased their benchmark lending rates by up to 10 basis points or 0.10 per cent.
Islamabad [Pakistan], April 19 (ANI): Alleging that it inherited a mismanaged economy from the previous Pakistan Tehreek-i-Insaf (PTI) government, Pakistan Prime Minister Shehbaz Sharif accused former Prime Minister Imran Khan of taking loans to meet the defence expenditure of the country
Colombo [Sri Lanka], April 19 (ANI): Sri Lanka's current economic crisis does not seem to slow down due to its major dependence on Chinese loans as well as its inability to repay debt amid a state of emergency and intense protests in the island nation.
Pune (Maharashtra) [India] April 19 (ANI/BusinessWire India): Poonawalla Fincorp Limited (Formerly Magma Fincorp Limited), has entered digital consumption loans space through a tie-up with KrazyBee. Under this partnership, Poonawalla Fincorp will offer small ticket personal loans to individu
Mumbai (Maharashtra) [India], April 18 (ANI): India's largest lender State Bank of India (SBI) on Monday said it has raised 3-year funds of $500 million through a syndicated loan facility at "very fine pricing". The lender has raised the money acting through its IFSC Gift City branch.
Colombo [Sri Lanka], April 18 (ANI): Asanga Abeyagoonasekera, a geo-political analyst from Sri Lanka, said that China's loan model to Sri Lanka is ambiguous while no one knows the interest rate charged by Beijing for the money lent to the island nation.