Search For "repayment"
State Bank of Pakistan's foreign exchange reserves plunge to 8-year low at
Updated : 3 years, 2 months ago IST
The plunge in forex reserve is a worrisome scenario as it will create problems in the repayment of its huge foreign debts.
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China's new approach in Africa to focus on FDI over loans: Report
Updated : 3 years, 2 months ago IST
According to a study undertaken by Chatham House, a renowned policy institute based in London, China is moving away from a high-volume and high-risk model of investment in Africa.
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China offers bailout package to Pakistan, refuses to defer loan repayments
Updated : 3 years, 2 months ago IST
Both Sri Lanka and Pakistan are caught in China's debt track but while China has offered a bailout package to Pakistan, it has refused to defer loan repayments of Sri Lanka, True Ceylon News reported.
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Djibouti struggles to repay Chinese loan, suspends debt repayments
Updated : 3 years, 3 months ago IST
The World Bank has in its latest report on Djibouti, stated that in 2022, Djibouti's debt servicing costs tripled to USD 184 million from USD 54 million in 2021. A further increase to USD 266 million has been predicted for 2023.
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Pakistan's default risk worsens, credit default swap spikes to 93 pc
Updated : 3 years, 3 months ago IST
Pakistan's credit default swap (CDS) spikes by 30 percentage points in a week to 92.53 per cent ahead of debt repayment, amid political unrest.
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Sany Bharat signs MoU with Union Bank of India
Updated : 3 years, 3 months ago IST
Pune (Maharashtra) [India], November 22 (ANI/NewsVoir): With an aim to make equipment financing an easy, efficient, and simple process, Sany Bharat recently signed a Memorandum of Understanding (MoU) with Union Bank of India. As per the agreement, the network of Union Bank will extend equipm
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CanAm announces 48th EB-5 Loan Repayment
Updated : 3 years, 3 months ago IST
New York [US], November 18 (ANI/NewsVoir): CanAm Enterprises ("CanAm"), a financial services company helping clients achieve their immigration and investment goals for more than 35 years, is pleased to announce that it has fully repaid the USD 26.5 million investors funded in CanAm's Axalta
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Lanka envoy meets Doval, discuss bilateral ties
Updated : 3 years, 4 months ago IST
Sri Lanka's High Commissioner to India, Milind Moragoda on Saturday met with the National Security Advisor Ajit Doval and reviewed relations between India and Sri Lanka. Since the beginning of the year, India has extended aid worth USD 3.8 billion, including lines of credit, a currency swap
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Cyril Amarchand Mangaldas advises on the debt availed by Piramal Critical
Updated : 3 years, 4 months ago IST
Mumbai (Maharashtra)/ New Delhi [India], November 11 (ANI/BusinessWire India): Cyril Amarchand Mangaldas advised State Bank of India, London Branch, Axis Bank Limited, IFSC Banking Unit (IBU) GIFT City Branch and HSBC, USA N.A., for debt aggregating up to USD 225 million, availed by Piramal
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K'taka govt to bring law to prevent auction of farmers' property over dela
Updated : 3 years, 4 months ago IST
Karnataka Chief Minister Basavaraj Bommai said that in case of non-payment of agricultural loans, farmers must be given time for repayment and not confiscate or auction their property.
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Rajasthan 'girls auction': NCPCR to visit Bhilwara on Nov 7; meet victim f
Updated : 3 years, 4 months ago IST
According to media reports, girls are auctioned on stamp papers to settle disputes over loan repayments in the Bhilwara district of Rajasthan.
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Kerala fisherman wins Rs 70 lakh lottery hours after bank attachment notic
Updated : 3 years, 5 months ago IST
Thiruvananthapuram (Kerala) [India], October 15 (ANI): In what could be an interesting instance of fate on one's side, a Kerala fisherman won a lottery on the same day when he got an attachment notice of his house from the bank for default on loan repayment.
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