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Pakistan borrows USD 14.3 billion foreign loans in FY21
Updated : 4 years, 8 months ago IST
Islamabad [Pakistan], July 20 (ANI): Pakistan Ministry of Economic Affairs reported on Monday that the government received USD 14.283 billion foreign loans during the fiscal year 2020-21, compared to USD 10.66 billion in 2019-20, showing an increase of 34 per cent.
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Punjab CM announces waiver of Rs 590 cr loan for 2.85 lakh farm labourers,
Updated : 4 years, 8 months ago IST
Chandigarh (Punjab) [India], July 14 (ANI): Punjab Chief Minister Captain Amarinder Singh announced a waiver of Rs 590 crore worth of loans under the Chief Minister's flagship 'Debt Waiver Scheme' for labourers and the landless farming community.
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Benefit from the renewal facility offered by Bajaj Finance Online FD
Updated : 4 years, 8 months ago IST
Pune (Maharashtra) [India], July 12 (ANI/NewsVoir): The Reserve Bank of India (RBI) on Friday, July 2, made some noteworthy changes regarding the interest on the amount left unclaimed with the bank after a term deposit (TD)/Fixed Deposit (FD) matures. According to the new rules if a customer
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Reasons to Invest in a Bajaj Finance Online Fixed Deposit
Updated : 4 years, 8 months ago IST
Pune (Maharashtra) [India], July 9 (ANI/NewsVoir): Money deposited in an FD remains unaffected from fluctuating market trends, this is why an FD is one of the most preferred investment tools available today.
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Relief measures underscore Indian banks' challenges despite improved FY21
Updated : 4 years, 8 months ago IST
Mumbai (Maharashtra), July 7 (ANI): Indian banks' improved performance for the financial year ended March 2021 (FY21) is in contrast to stress evident from extension of Covid-19 related relief measures to borrowers, Fitch Ratings said in a report released on Wednesday.
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Bajaj Finance books 46 lakh new loans in Q1 amid second wave
Updated : 4 years, 8 months ago IST
Pune (Maharashtra) [India], July 6 (ANI): Bajaj Finance said on Tuesday it booked 46 lakh new loans during Q1 FY22 as compared to 18 lakh in the year-ago period.
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Reasons to invest salary in a Bajaj Finance Online FD
Updated : 4 years, 8 months ago IST
Pune (Maharashtra) [India], July 6 (ANI/NewsVoir): Saving and investing should be the top priorities for working professionals when it comes to budgeting their earnings.
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Digital Lender "Prest Loans" forays into electrical vehicle (EV) financing
Updated : 4 years, 8 months ago IST
New Delhi [India], July 2 (ANI/NewsVoir): Prest Loans, a Dehi based, fast growing digital lending company (www.prestloans.com) has forayed into financing of electrical vehicles (EVs).
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Indian banks to feel effects of second wave after infections fade: S&P
Updated : 4 years, 8 months ago IST
Singapore, June 30 (ANI): Indian banks face systemic risk as the country sorts through the aftermath of Covid the second wave, S&P Global Ratings said on Wednesday.
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Pakistan's external debt likely to increase as dependence on foreign loans
Updated : 4 years, 8 months ago IST
Islamabad [Pakistan], June 30 (ANI): Pakistan's external debt is likely to increase in the near future as it is under compulsion to borrow more and more every year to repay its outstanding external loans, finance its current account and build its forex reserves.
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World Bank approves USD 800mn loans to Pakistan
Updated : 4 years, 8 months ago IST
Washington DC [US], June 30 (ANI): The World Bank on Tuesday approved USD 800 million in financing for two programs in Pakistan--the Pakistan Program for Affordable and Clean Energy and the Second Securing Human Investments to Foster Transformation.
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Covered bonds likely to pick up with better stakeholder awareness: ICRA
Updated : 4 years, 8 months ago IST
New Delhi [India], June 26 (ANI): Covered bonds backed by security pool of gold loans and vehicle loans are findling favour with investors, rating agency ICRA has said.
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