West Godavari (Andhra Pradesh) [India], April 25 (ANI): Andhra Pradesh Chief Minister YS Jagan Mohan Reddy has launched interest-free loans for women Self-Help Groups (SHGs) in the state.
Mumbai (Maharashtra) [India], April 22 (ANI): The board of directors at private sector lender Kotak Mahindra Bank on Wednesday approved a proposal to issue 6.5 crore equity shares of Rs 5 each as part of its plans to raise equity capital.
Mumbai (Maharashtra) [India], April 17 (ANI): Industry experts said on Friday that further revision in reverse repo rate by the Reserve Bank of India (RBI) should add to spurring liquidity in the system and is a positive measure.
New Delhi [India], April 16 (ANI): The Federation of Indian Chambers of Commerce and Industry (FICCI) has called for interest-free and collateral-free loans to support micro, small and medium enterprises (MSMEs) which form a vital component of India's economy and are suffering due to the COV
New Delhi [India], April 14 (ANI): Delhi High Court has directed Punjab and Sind Bank not to declare the pending loans of Shakuntla Educational and Welfare Society (SEWS) as non-performing assets (NPA) till May 4, the next date of hearing in the case.
Kolkata (West Bengal) [India], April 13 (ANI): Bandhan Bank said on Monday its loans and advances grew by 60 per cent to Rs 71,825 crore in the financial year ended March 31 from Rs 44,776 crore in the year-ago period.
Manila [The Philippines], April 10 (ANI): Asian Development Bank (ADB) President Masatsugu Asakawa on Friday assured Finance Minister Nirmala Sitharaman of 2.2 billion dollars (about Rs 16,820 crore) support to India in its fight against novel coronavirus disease (COVID-19) pandemic.
New Delhi [India], April 7 (ANI): PNB Housing Finance has signed an agreement with Japan International Cooperation Agency (JICA) to raise 75 million dollars (about Rs 568 crore) with co-financing of 25 million dollars (about Rs 190 crore) by Citibank to finance mortgage loans in the affordab
Dehradun (Uttarakhand) [India], April 6 (ANI): Uttarakhand Chief Minister Trivendra Singh Rawat has directed cooperative banks to extend the repayment of crop and agricultural loans by the farmers for three months.
Pune (Maharashtra) [India], April 6 (ANI/BusinessWire India): In today's day and age, one is likely to have endless needs and ever-increasing spending power.
New Delhi [India], Mar 30 (ANI): In view of the situation arising out of the nationwide COVID-19 lockdown, the Centre has extended the benefit of 2 per cent interest subvention (IS) to banks and 3 per cent prompt repayment incentive (PRI) to all farmers till May 31 for all crop loans upto Rs
Singapore, Mar 30 (ANI): The economic disruption caused by a 21-day lockdown in India will hit the performance of the commercial vehicle and small and midsize enterprise (SME) loans in asset-backed securities (ABS), according to Moody's Investors Service.