Search Results for: bank loans
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Press Releases
Banks should work towards Banking the unbanked, Securing the unsecured and Funding the unfunded: Dr Bhagwat Karad
Union Minister of State for Finance Dr Bhagwat Karad today asked bankers to focus on Banking the unbanked, Securing the unsecured and funding the unfunded
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World News
Could China’s Evergrande bankruptcy precipitate another world recession?
Chinese economy is skating on thin ice and the bubble of China’s global supremacy is finally bursting. Is the Chinese economic bubble finally bursting? Ec
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Finance
Investors reduced deposits in banks; prefer greener avenues
Investors are looking at other avenues for parking their money instead of banks. The banks will face a liquidity crunch in future due to this.
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Social
Bihar: 175 Beggars open a bank with money received from begging
175 beggars in Muzzafarpur started a bank with their money from begging. The bank offers interest for the deposits. Bank offers interest for deposits, also give
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Finance
The personal loans sector registered an accelerated growth of 11.9 percent in June 2021: RBI
RBI further said the credit growth to industry contracted by 0.3 per cent in June 2021 from 2.2 per cent growth in June 2020 Personal loans registered an accele
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Finance
RBI imposes penalties on SBI and 13 banks for violation of rules
The violence includes non-compliance with certain provisions of directions issued by RBI The Reserve Bank of India (RBI) on Tuesday imposed a monetary penalty o
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Finance
Fitch Ratings says India’s bank privatisation plans can face hurdles amid Covid
Fitch said political support in favour of legislative changes to the Act which are required in order to go through with the sale can be a significant hurdle for
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Business
LoanTap ties up with Bank of Maharashtra for co-lending to MSMEs
The co-lending provides greater flexibility to lenders and aims to enhance credit for the unserved and underserved sectors Digital lender LoanTap has entered in
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Finance
Importance of CIBIL Score in Personal Loans
Importance of CIBIL Score in Personal Loans - Digpu News
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Business
Canara Bank’s emergency credit facilities for MSMEs
Canara Bank sanctioned more than Rs 60,000 crore of advances to corporates and micro, small and medium enterprises (MSMEs) since March. To meet a temporary liqu
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Business
Moody’s places Yes Bank’s ratings under review for downgrade
Singapore, Nov 7: A week after Yes Bank reported loss of Rs 600 crore in the second quarter of the current fiscal year (Q2 FY20), Moody’s Investors Servic
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Business
PMC Bank raises withdrawal limit for depositors to Rs 50,000
Mumbai (Maharashtra) [India], Nov 5: As angry depositors of Punjab and Maharashtra Cooperative (PMC) Bank took to streets on Tuesday in order to stage their pro
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Business
Syndicate Bank reports Q2 net profit at Rs 251 crore
Mumbai (Maharashtra) [India]: Government-owned Syndicate Bank on Oct 31 ,Thursday reported a net profit of Rs 251 crore for the second fiscal quarter (July to S
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Business
ICICI Bank Q2 profit falls by 28 pc on deferred tax adjustment
Mumbai (Maharashtra) [India], Oct 29: India’s largest private sector lender ICICI Bank said on Saturday its profit after tax dropped by 28 per cent to Rs
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Business
Indian banks are dangerously close to reliving the Kingfisher disaster with Jet
February 10, 2019 – Having burnt their fingers with the now-defunct Kingfisher Airlines, it’s déjà vu for India’s banks. And this time, it’s with Jet Airways. W
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World News
African Development Fund Grants $46.02 Million to Boost Water Access in Ethiopia’s Borana Region
In a significant move to address water scarcity and bolster livelihoods in Ethiopia’s Borana region, the Board of Directors of the African Development Fun
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Opinion
Hema Malini Acquires Rs 70 Crore Property for Mere Rs 1.75 Lakh
Mumbai: The allocation of land to BJP MP and actress Hema Malini for the construction of a dance academy in Mumbai’s upscale Oshiwara area has sparked sig
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Press Releases
REC Limited issues inaugural Yen Denominated Green Bonds aggregating 61.1 Billion Japanese Yen
REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power, has successfully issued its inaugural Japanese Yen (JPY) 61.1 billion 5-y
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Press Releases
Union Minister of State for External Affairs and Culture Ms Meenakshi Lekhi engages in the Viksit Bharat Sankalp Yatra program in New Delhi
Ms Meenakshi Lekhi, actively participated in a significant event organized in R.K Puram in South West Delhi as an integral part of the Viksit Bharat Sankalp Yat
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Press Releases
SIDBI joins hands with TDB to support MSMEs
Small Industries Development Bank of India (SIDBI), the country’s Principal Financial Institution engaged in the promotion, financing and development of Micro,
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