A properly diversified credit portfolio should be exposed to both high yield corporate bonds and bank loans given their comparable value NEW YORK, Aug.31, 2021 (GLOBE NEWSWIRE) – Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, today presented its outlook for third-party bank and high-yield loans. quarter 2021. Entitled âA […]
Month: August 2021
OJK: disbursement of the bank loan to IDR 1,439 billion in the first half
TEMPO.CO, Jakarta – The Financial Services Authority (OJK) recorded that in the first half of 2021, the banking sector had disbursed 1,439 billion rupees in loans. “The financial services sector remains stable, with data for July showing positive growth figures, such as intermediary functions of banks and raising capital in the financial market,” said the […]
Debate intensifies over co-op bank loan waiver – The New Indian Express
Through Express news service CHENNAI: Former minister and AIADMK member Sellur K Raju on Wednesday urged the state government in the assembly to take action against those who committed irregularities while forgoing cooperative bank loans. During the response to the request for grants for the cooperation department, Minister I Periyasamy said that a huge sum […]
RBI wants you to remember 16 digit debit, credit card numbers, expiration, CVV. Know why
The Reserve Bank of India (RBI) is set in its ways on its revised guidelines on data storage policy. The RBI has rejected the proposal made by payment gateway companies for new regulations that could take effect from January 2022. The revised regulations prevent payment aggregators and merchants like Amazon, Flipkart and Netflix from storing […]
Americans have less credit card debt in 2021
Select’s editorial team works independently to review financial products and write articles that our readers will find useful. We may receive a commission when you click on product links from our affiliate partners. In 2020, fewer Americans have applied for credit cards as the COVID-19 pandemic has kept people in, limited spending options quiet, and […]
The promoter of the Karvy group detained for default on a bank loan
One of the promoters of the Karvy Group scam was arrested here Thursday for non-payment of a bank loan, police said. C Parthasarathy was arrested for non-payment of a loan taken from IndusIndbank in 2019 and for diverting the funds to other bank accounts, said Avinash Mohanty, Joint Police Commissioner (Detective), adding that ‘there were […]
ED arrests company CEO in Hyderabad
New Delhi: The Enforcement Directorate (ED) on Thursday announced that it had arrested the managing director of a Hyderabad-based company last week in a money laundering case linked to an alleged fraud of Rs.3,316 crore in a consortium of public sector banks. Vuppalapati Satish Kumar, the managing director of Prithvi Information Solutions Limited (PISL), was […]
Reduce risk with bank loan ETFs
As Treasury yields fall rapidly from recent highs and yield spreads remain at historically low levels, bank loan ETFs could be an attractive option for income-sensitive investors wary of rising rates. . Bank ETF loans can offer advisers and investors a safer option for the upside down path that high yield ETFs have experienced. And […]
Measures underway to obtain a loan from the World Bank: Tarin – Journal
ISLAMABAD: The government will make every effort to resolve three to four outstanding issues, including tax harmonization, to secure loans worth over $ 800 million from the World Bank within the next month. Pakistan has already received $ 400 million for tax administration reforms out of a total of $ 1.2 billion in World Bank […]
Are travel credit card rewards inflation sensitive?
Select’s editorial team works independently to review financial products and write articles that our readers will find useful. We may receive a commission when you click on product links from our affiliate partners. Travel has rebounded in recent months, with leisure travelers flying to near pre-pandemic levels, and airlines and hotels struggling to keep up […]
Colorado has 4th highest credit card debt in the nation – FOX31 Denver
Colorado teachers are among the lowest paid educators in the country New / 2 hours ago Video Woman untied from cable in fatal fall New / 15 minutes ago Video NIH director on whether there should be a federal vaccine mandate First / 15 hours ago Video Fire restrictions lifted after rainy weather New / […]
Before disputing a credit card charge, follow these steps
This is a situation that many of us have landed in. credit card statement when you spot a load you don’t recognize. Your first instinct may be to contact your credit card company and initiate a dispute immediately. But before you do so, there might be a better solution. When you dispute a credit card […]
ED registers complaint against six in Karuvannur bank loan fraud case – The New Indian Express
Through Express news service KOCHI: The Directorate of Execution (ED) registered a complaint against six people associated with the Karuvannur cooperative bank managed by the CPM in Thrissur where manipulation of funds of more than 300 crore was detected. The ED has registered the Execution Case Information Report (ECIR) under various sections of the Money […]
Banks limiting overdraft fees; Credit card debt has increased during the pandemic
Credit card debt has increased during the pandemic According to a new investigation, more than half of Americans (62%) said their credit card debt increased from before the start of the global pandemic. In addition, 52% of respondents said they increased their credit limits to support the increase in their spending. But even as credit […]
Water projects: Ekiti and Kaduna will benefit from a loan of 700 million dollars from the World Bank
The federal government says seven states will benefit from the first tier of the World Bank’s $ 700 million loan for specific water projects. The states are Bauchi, Delta, Ekiti, Imo, Katsina, Kaduna and Plateau. Suleiman Adamu, Minister of Water Resources, made this known Thursday during the weekly ministerial press briefing organized by the presidential […]
Bank agent asks woman for ‘sexual favors’ for unpaid credit card dues
Aurangabad: In a shocking incident, a woman complained that third-party public sector debt collectors at the State Bank Of India (SBI) asked her for “sexual favors” instead of unpaid payments on her credit card account. credit. The victim’s husband said the incident happened in February when the New Delhi-based recovery company, owners and agents of […]
How Credit Card Travel Insurance Can Help
Select’s editorial team works independently to review financial products and write articles that our readers will find useful. We may receive a commission when you click on product links from our affiliate partners. Travel is back this summer, but it hasn’t been smooth sailing for vacationers. Commercial airlines were pushed to the brink of bankruptcy […]
Prepaid Credit Cards Market to See Amazing Growth by 2025
Prepaid Credit Card Market Global Prepaid Credit Cards Market Research Report With Opportunities And Strategies To Drive Growth – Impact And Recovery Of COVID-19, The Covid 19 Outbreak Impact Research Report Added By Report Ocean , is an in-depth analysis of the market characteristics, size and growth, segmentation, region and breakdown by country, competitive landscape, […]
Couples in trouble after organizing the kidnapping of their daughter to repay a bank loan
Couples have been arrested in Delta State for allegedly organizing the kidnapping of their daughter. The victim was reported missing earlier after leaving to work at the Okumagba Estate in Warri on July 19, 2021, and never returned home. Reports made available to reporters moments ago by the State Police Command noted that the couple […]