Singapore, May 19 (ANI): Stimulus measures announced by the government last week as part of a Rs 20 lakh crore economic package will help ease asset risks for the financial sector but not fully offset the negative impact from coronavirus outbreak, Moody' s Investors Service said on Tuesday.
New Delhi [India], May 18 (ANI): Public sector Canara Bank said on Monday it has launched a business vertical dedicated for gold loans to meet emerging financial needs of customers in view of the current challenges and uncertainties.
New Delhi [India], May 14 (ANI): Union Minister Dharmendra Pradhan on Thursday lauded Rs 3 lakh crore collateral-free loans announced by the Ministry of Finance as a stimulus package, saying that entrepreneurs don't need free money but they certainly need 'hassle-free' money.
New Delhi [India], May 13 (ANI): Finance Minister Nirmala Sitharaman on Wednesday announced a series of liquidity measures for millions of small businesses reeling under the impact of COVID-19 lockdown, including collateral-free automatic loans worth Rs 3 lakh crore.
New Delhi [India], May 13 (ANI): Union Finance Minister Nirmala Sitharaman on Wednesday announced Rs 3 lakh crore collateral-free automatic loans for businesses, including MSMEs.
New Delhi [India], May 11 (ANI): There is a critical and immediate need for a significant stimulus of Rs 9 lakh crore to 10 lakh crore or four to five per cent of the GDP to stimulate demand and supply for averting a long-term economic slowdown, the Federation of Indian Chambers of Commer
Jalandhar (Punjab) [India] May 5 (ANI/Digpu): Recognising the potential of microfinance institutions in India, Aviator Emerging Market Fund has invested USD 3.1 million (approx Rs 24 crores) in Midland Microfin Ltd, a Jalandhar, Punjab based company that provides funding towards financial an
New Delhi [India], April 30 (ANI): Senior BJP leader Gopal Krishna Agarwal on Thursday termed Congress leader Rahul Gandhi's conversation with former Reserve Bank of India (RBI) Governor Raghuram Rajan as "unproductive" and "futile".
New Delhi [India], April 29 (ANI): Finance Minister Nirmala Sitharaman on Tuesday rebutted Congress leaders Rahul Gandhi and Randeep Singh Surjewala's allegations regarding "wilful defaulters, bad loans and write-offs", and stated that they have "attempted to mislead people in a brazen manne
Bengaluru (Karnataka) [India], April 29 (ANI): Janata Dal-Secular leader and former Karnataka chief minister HD Kumaraswamy on Tuesday accused the central government of writing off loans of those who are facing charges of fraud.
Mumbai (Maharashtra) [India], April 28 (ANI): Private sector lender Axis Bank on Tuesday reported a loss of Rs 1,388 crore for the quarter ended March (Q4 FY20) compared to a profit of Rs 1,505 crore in the corresponding period of last year (Q4 FY19).
Nairobi [Kenya], April 25 (ANI): In the Covid environment, African nations are closely scrutinising the cost-benefit analysis of Chinese investments and the conditions attached to such funds.