Mumbai (Maharashtra) [India], September 26 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty of Rs 1 lakh on Surat-based Varachha Co-operative Bank for contravention of directions issued by RBI on loans and advances to directors.
Beijing [China], September 25 (ANI): After eyebrows were raised on China's debt trap policy under its Belt Road Initiative (BRI), it announced a loan waiver for African countries to change the narrative, however, the amount of these loans was not even 1 per cent of its total lending to the c
Islamabad [Pakistan], September 23 (ANI): Pakistan needs an overhaul of economic policy as the country is facing its worst ever floods in history accompanied by a huge resource gap despite getting emergency loans from global financial bodies for the reconstruction.
Varanasi (Uttar Pradesh) [India], September 22 (ANI/PNN): Utkarsh Small Finance Bank Limited (USFBL), today on its 13th Foundation Day announced the inauguration of 22 branch outlets in the country.
New Delhi [India], September 21 (ANI) Gross non-performing assets (GNPAs) of banks are likely to decline by 90 basis points (bps) to 5 per cent this year and further improve to a decadal low of 4 per cent by March 31 next year, pushed by post-pandemic economic recovery and higher credit grow
Jakarta [Indonesia], September 21 (ANI): China has not been able to strike strategic takeovers with South-East Asian nations as the countries have complimented their own development with China's economic growth and have been able to dodge the communist nations' debt-trap diplomacy.
Dalian [China], September 21 (ANI): China's flagship Belt and Road Initiative (BRI) has hit a snag, with many loans to emerging economies falling into repayment troubles, forcing Beijing to scale back on lending.
Mumbai (Maharashtra) [India], September 20 (ANI/BusinessWire India): Tata Capital's Home Loan offering, popular for its low interest rates and simple application process, also provides a seamless home balance transfer process. You can now move your home loans from other financial institutes
Colombo [Sri Lanka], September 18 (ANI): With a total of USD 968 million in loans in four months of 2022, India has emerged as Sri Lanka's largest bilateral lender, overtaking China in the process, a media report said.
New Delhi [India], September 17 (ANI/India PR Distribution): For most people, a personal loan is one of the most sought-after options during a financial emergency. Personal loans prove helpful for various planned and unplanned expenses - borrowers can use the funds for medical expenses, plan
Gurugram (Haryana) [India], September 16 (ANI/NewsVoir): Capri Loans, a diversified Non-Banking Financial Company in India, is spreading its wings and opening a new technology centre in Gurugram. The new 11000 sq. ft. space will house more than 100 brilliant minds. The company plans to hire