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 “A […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]