India gets USD 1.75 billion World Bank loan for health, private investment

Of the total loan, USD 1 billion will go towards the health sector, while the rest USD 750 million will be in the form of a development policy loan.

published on : 1st July 2022

Andhra Pradesh High Court dismisses MP’s PIL on loans

The bench stated that in the financial matters that will create problems to the government, courts will take a cautious approach.

published on : 1st July 2022

Women to be recruited as RTC drivers, says Minister

The department will identify candidates to be trained as drivers, and training in nursing will be given by private hospitals keeping in view of the demand for nursing posts in the country and abroad.

published on : 30th June 2022

Pakistan economic crisis: IMF sets tough conditions to revive USD 6 billion loan

After implementing the conditions, the IMF would present Pakistan's request for the approval of the loan tranche and revival of the program to its executive board a process that may consume a month. 

published on : 29th June 2022

UK high court hears Nirav Modi plea against extradition to India

The diamond merchant had lodged an appeal last year against his extradition order on mental health grounds. The hearing this week is for the continuation of that appeal, with judgment likely soon.

published on : 28th June 2022

Bogus loan app harassment yet again in Kochi, police alert public 

"The money gets credited into the people’s account just by downloading these applications even if they don’t borrow. Later, they are asked to repay more than double the amount which is credited."

published on : 27th June 2022

Drop CIBIL score to grant farm loans: Expert

Accusing the banks of harassment by serving notices, he said they will move court if the banks don’t stop sending notices.

published on : 26th June 2022

NBFCs should diversify risks across sectors: Former SBI chairman

Rajnish Kumar also said the NBFCs will have to maintain capital adequacy norms, introduce core banking solutions and make adequate disclosures by 2025.

published on : 25th June 2022

CBI books bank manager, two others for loan fraud

As per the FIR, the case was registered on June 14 following a complaint by the SBI Thiruvananthapuram business office regional manager.

published on : 25th June 2022

Pakistan signs USD 2.3 billion loan facility agreement with Chinese banks

The loan agreement with Chinese banks will boost the crisis-hit Pakistan's reserves and enable Islamabad to make import payments while lending some support to the rupee as well.

published on : 22nd June 2022

Take advantage of Railway Startup Policy: East Coast Railway general manager

Representatives from various startups, students from various engineering and management institutes participated in the discussion about the benefits of the startups for railways.

published on : 19th June 2022

ICL FINCORP - A Towering Presence in NBFC Sector

A towering presence in NBFC sector Irinjalakuda - headquartered ICL FINCORP hardly needs an introduction.

published on : 18th June 2022

Small businesses, retailers to take a hit due to repo rate hike

Arijit Malakar, Equity Research Analyst at Ashika Stock Broking limited said the rise in repo rate has a direct impact on retail loans demand.

published on : 18th June 2022

Maharashtra Cyber Cell arrests five loan app agents from Karnataka for harassing Mumbai man

During the investigation conducted by a special team, the cyber police tracked down the phone number used to threaten the victim to Dhule.

published on : 14th June 2022
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