Tel Aviv [Israel], June 21 (ANI): Chinese loans have surpassed lending by the World Bank and the International Monetary Fund combined together. It has become the largest global overseas creditor accounting for close to 65 per cent of the world's official bilateral debt with outstanding forei
Mumbai (Maharashtra) [India], June 17 (ANI): Harmonisation guidelines proposed by the Reserve Bank of India (RBI) for non-banking finance companies and microfinance institutions (NBFCs-MFIs) are need of the hour to address diverse interpretations of regulations by multiple forms of entities,
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