Mumbai (Maharashtra) [India], June 17 (ANI): Private sector lender IndusInd Bank on Thursday launched IndusEasyCredit, a comprehensive digital lending platform that enables customers to meet their financial requirements from the comfort of their homes.
Islamabad [Pakistan], June 15 (ANI): In a major setback for Pakistan's dwindling economy, two of its largest lenders - World Bank (WB) and Asian Development Bank (ADB) -- have deferred approval of another USD 1 billion worth of loans due to delay in meeting some set conditions.
Lahore [Pakistan], June 15 (ANI): The domestic and external debt of Pakistan's Punjab province reached Rs 956.4 billion as of June 2021 including a major chunk of Rs 951.2 billion loans obtained from international funding institutions.
Islamabad [Pakistan], June 14 (ANI): A debt-ridden Pakistan has requested its all-weather ally China that it needs another year to pay back a billion dollars Islamabad had borrowed from Beijing last year.
Pune (Maharashtra) [India], June 14 (ANI/NewsVoir): A fixed deposit is one of the most solid and secure investment options available today, because the money deposited in an FD remains unaffected from fluctuating market trends.
Mumbai (Maharashtra) [India], June 12 (ANI): A hit to collection efficiency of non-banking finance companies and microfinance institutions (NBFCs-MFIs) owing to protracted Covid-19 curbs will increase asset-quality pressures in the sector, according to Crisil Ratings.
Mumbai (Maharashtra) [India], June 10 (ANI): The Reserve Bank of India (RBI) said on Thursday it will conduct third tranche of open market purchase of government securities and state development loans under G-sec Acquisition Programme (G-SAP 1.0).
Mumbai (Maharashtra) [India], June 10 (ANI): PTC India Financial Services (PFS) said on Thursday it sanctioned fresh loans of Rs 2,329 crore and disbursements of Rs 1,331 crore during the quarter ended March.
Islamabad [Pakistan], June 9 (ANI): Having high unemployment, poverty and inflation, the Pakistan economy is under stress and the government plans to take nearly $16 billion gross foreign loans in the next fiscal year to meet the requirements of maturing external public debt and cover up the
Mumbai (Maharashtra) [India], June 7 (ANI/BusinessWire India): Saraswat Bank, India's largest Urban Co-operative Bank, now offers pre-approved Education Loan to help students realize their educational goals and aspirations.
New Delhi [India], June 6 (ANI): A petition has been filed before the Supreme Court by an NGO seeking appropriate directions to the Centre and the Reserve Bank of India (RBI) to issue a notification to all the banks to refrain from classifying any loan account as NPA for non-payment of EMI f