Bank loan

Assets of Spices company seized by ED following JK bank loan fraud

Assets worth over Rs 145 crore of a Bengaluru-based spice company in a money laundering investigation linked to alleged loan fraud at J&K Bank have been seized by the Management of application (ED) attached The agency said in a statement on Wednesday that a factory building, shops, apartments and land of the company, SA Rawther […]

Bank loan

Enforcement Branch Seizes Assets of Spice Trading Company in J&K Bank Loan Fraud Case

The agency said that a factory building, shops, apartments and land of the company, SA Rawther Spices Private Limited and others were tentatively attached to the PMLA. The Directorate of Enforcement (ED) seized assets worth more than 145 crore of a Bengaluru-based spice company in a money laundering investigation linked to alleged fraud on loans […]

Bank loan

ED seizes assets of spice trading company in J&K Bank loan fraud case

The Directorate of Enforcement (ED) seized assets worth more than 145 crore of a Bengaluru-based spice company in a money laundering investigation linked to alleged fraud on loans to the J&K Bank. The agency said in a statement on Wednesday that a factory building, shops, apartments and land of the company, SA Rawther Spices, and […]

Credit card

Track all your credit card points and miles in one place with The Points Guy’s new app

Sk.Group_Studio / Shutterstock.com Finding it hard to keep tabs on your miles and points? Forget about Excel spreadsheets. Now that the journey opens, a new app will allow users to start planning trips suspended due to pandemic in a more transparent way – by tracking and using rewards, all stored in one place. To explore: […]

Bank loan

HDFC Bank Loan Restructuring | HDFC Bank Loan Restructuring Policy 2.0: Check Eligibility, Required Documents, Impact on Credit Rating

New Delhi: The Reserve Bank of India (RBI) relief measures for borrowers in the form of a three-month loan moratorium program, which has been extended for another three months, ended on August 31, 2020. RBI has provided a framework for banks and credit institutions to implement resolution plans to deal with the economic fallout from […]

Bank loan

HDFC Bank Lending Policy: HDFC Bank Loan Restructuring Policy 2.0: Terms and Conditions, Eligibility, Fees

To help borrowers who are struggling to repay their loans, the Reserve Bank of India (RBI) has lent a helping hand in the form of loan restructuring. In 2020, the RBI had announced a loan restructuring program. And then in May 2021, due to the second wave of Covid-19, it announced a second resolution framework […]

Bank loan

Business News | Stock market and stock market news

Search for quotes, news, net asset values ​​of mutual funds IRCTC INE335Y01012, IRCTC, 542830 IEX INE022Q01020, IEX, 540750 Power of Tata INE245A01021, TATAPOWER, 500400 Addiction INE002A01018, RELIANCE, 500325 ICICI Bank INE090A01021, ICICIBANK, 532174 Search for quotes, news, net asset values ​​of mutual funds IRCTC INE335Y01012, IRCTC, 542830 IEX INE022Q01020, IEX, 540750 Power of Tata INE245A01021, […]

Bank loan

Dunelm Billionaire pledges $ 735 million in stock for bank loan

(Bloomberg) – Will Adderley, Dunelm Group Plc’s largest shareholder, has pledged part of his stake in the household goods retailer to secure funding from Banco Santander SA. The billionaire son of Dunelm’s founders pledged 36 million shares, nearly half of his total stake, through an investment firm to secure a loan facility with the bank, […]

Credit card

BPCL and SBI Card launch co-branded RuPay contactless credit card, Energy News, ET EnergyWorld

New Delhi: Fuel retailer BPCL and SBI Card on Thursday announced the launch of a co-branded RuPay contactless credit card, offering fuel and other benefits. Bharat Petroleum Corporation Limited (BPCL) and SBI Card have teamed up to launch the “RuPay contactless credit card co-branded with the SBI BPCL card,” according to a joint statement. The […]

Bank loan

The bank loan software market is thriving worldwide with CSS IMPACT,

Bank Loan Software Market 2020-2025 Global Bank Loan Software Market Report – Production and Consumption Professional Analysis (Impact of COVID-19) is the latest research study published by HTF MI assessing market risk analysis, highlighting opportunities and exploited with a support for strategic and tactical decision-making. The report provides information on market trends and development, growth […]

Bank loan

Representatives investigate Rivers exclusion from World Bank loan for projects

The House of Representatives on Wednesday called for an investigation into an alleged exclusion of Rivers State from projects funded by a new World Bank loan. Solomon Bob (PDP-Rivers) had alleged in the House that the federal government, as some newspapers widely reported, is the only state that would not benefit from the loans. He […]

Credit card

2021 Prepaid Credit Cards Market Report, Trends, Competitive Landscape and Opportunities

The Prepaid Credit Cards Market 2020-2026 report presents an in-depth assessment of key trends, current scenarios, challenges, standardization, regulatory landscape, and deployment models. Historical and futuristic case studies, opportunities, future roadmap, value chain, key player profiles and strategies enable more solid business decisions to be made. This report covers the pre and post Covid-19 impact […]

Bank loan

Bank loan fraud: ED arrests CEO of Mumbai-based agribusiness

The Law Enforcement (ED) Directorate announced on Monday that it had arrested the managing director of a Mumbai-based agricultural company in connection with a money laundering investigation linked to alleged multi-crore bank fraud. Vinod Chaturvedi, managing director of Usher Agro Limited and other group companies, was arrested on September 17 in a case of “bank […]

Bank loan

Rs 100 crore Karuvannur Missing Bank Loan Scam Whistleblower – The New Indian Express

Through Express news service THRISSUR: Sujesh Kannattu, the whistleblower of the Rs100 crore loan fraud at the Karuvannur Cooperative Services Bank and former member of the local CPM committee in Porathissery, has disappeared. Her brother filed a missing person complaint with the Irinjalakuda police on Sunday. According to his brother Suresh Kannattu, “Sujesh left home […]

Demand deposit

Goldman Sachs and Xylem Launch First ESG Linked Demand Deposit Account

NEW YORK & RYE BROOK, NY, September 20, 2021– (BUSINESS WIRE) – Goldman Sachs Transaction Banking Services has launched a new ESG (environment, social and governance) linked sight deposit account with global water technology company Xylem (NYSE: XYL), as main customer, the two companies announced today. The new Goldman Sachs Transaction Banking (TxB) product links […]

Demand deposit

Goldman Sachs and Xylem Launch First ESG Linked Demand Deposit Account | Business and finance

NEW YORK & RYE BROOK, NY – (BUSINESS WIRE) – Sep 20, 2021– Goldman Sachs Transaction Banking Services has launched a new ESG (environment, social and governance) linked sight deposit account, with global water technology company Xylem (NYSE: XYL) as its primary client, the two announced. companies today. The new Goldman Sachs Transaction Banking (TxB) […]

Credit card

Shipt offers free trials for Visa credit cardholders

Delivery company Shipt will begin offering temporary free memberships to millions of Visa credit cardholders to try out free deliveries. This is one of many changes the Target-owned company has announced in recent months as part of its efforts to continue to grow following the rapid adoption of delivery services by consumers during the pandemic. […]

Demand deposit

Goldman Sachs launches green sight deposit account

Dive brief: Goldman Sachs launched its first environment, social and governance (ESG) sight deposit account with water technology company Xylem as its first client, the companies said in a press release on Monday. . The product, through Goldman Sachs’ transaction-banking (TxB) unit, links the return clients earn to the achievement of ESG goals clients set […]

Credit card

Global Credit Card Payments Market Report Outlook, Growth, Future Outlook and Forecast 2021-2026

The business intelligence report on Credit card payment market offers a detailed assessment of historical data and recent developments to provide reliable predictions regarding industry growth patterns for years to come. Additionally, all projections included in the study have been verified by industry analysts using reliable research methodologies. The study further incorporates several recommendations to […]

Bank loan

Moldova to obtain 24.8 million euros loan from the World Bank for vaccination against Covid-19

CHISINAU (Moldova), Sept. 17 (SeeNews) – Moldova will receive a loan of 24.8 million euros ($ 29.2 million) from the International Development Association (IDA), which is part of the group of World Bank, to finance the purchase of Covid-19 vaccines and make the vaccination process run more smoothly, the government announced. The funds will also […]

Bank loan

ADGM-based lessor Sirius concludes bank loan with Deutsche Bank to refinance aircraft acquisition

Aircraft lessor Sirius Aviation Capital Holdings said one of its joint venture units closed its first bank facility with Deutsche Bank to refinance the acquisition of five narrow-body aircraft it acquired in 2020. The five planes are leased from three different carriers: three Boeing 737 Next-Generation with Texas-based Southwest, one Airbus A320 with Florida-based Spirit […]

Bank loan

Chicago to Unveil Data on Bank Lending in Aim to Boost Homeownership

(Bloomberg) – Chicago City Council on Tuesday approved a measure to increase transparency in the lending practices of city banks and help reduce property disparities in the nation’s third most populous city. The Lending Equity Ordinance will publicly share loan data and demand an annual information hearing with the finance committee, Alderman Harry Osterman, a […]

Bank loan

Woman turned down bank loan at 22 starts fashion business from the kitchen table – three years later, she’s close to making her first million

Fashion entrepreneur Ainsleigh-Paige Rigby didn’t let being pushed back for a bank loan at the age of 22 keep her from starting her own business from her kitchen table – and now she’s on. the point of selling his first million at the age of 26. Ainsleigh first came up with the idea of ​​creating […]

Bank loan

CARE revises ratings of Akshar Spintex bank credit facilities

Akshar Spintex Ltd has informed that ratings have been assigned to the Company by CARE Ratings Limited for the Company’s bank loan facilities totaling Rs20.02cr. Long-term bank facilities were assigned a CARE BB + / Stable rating while short-term ratings were reaffirmed at CARE A4. According to the justification report, the revision of the long-term […]

Bank loan

Karvy Stock Broking CEO and CFO Arrested for Embezzlement

Hyderabad: In connection with the default of IndusInd bank, city police on Thursday arrested Rajiv Ranjan Singh, managing director and G. Krishna Hari financial director of the Karvy Stock Broking Limited (KSBL) scam for financial irregularities suspected, default on payments and borrowing against securities of clients without their consent. The arrest was based on a […]

Bank loan

IndusInd Bank loan default: CEO and CFO of Karvy Stock Broking arrested

Managing Director Rajiv Ranjan Singh (52) and CFO G Krishna Hari (63) of Karvy Stock Broking Limited (KSBL) were arrested Thursday by Hyderabad Police for alleged financial irregularities, including defaults on bank loans and the lifting of loans. against the securities of clients without their consent. Chairman and CEO of KSBL, C Parthasarathy (67), had […]

Bank loan

CRISIL reaffirms the ratings of Cera Sanitaryware’s bank credit facilities; Stock soars 2%

CRISIL Ratings reaffirmed its “CRISIL AA- / Stable / CRISIL A1 +” ratings on the banking facilities of CERA Sanitaryware Ltd (CERA) valued at Rs 100 (instead of 67 Cr) and reaffirmed its “CRISIL A1 +” rating on the commercial paper program. The ratings continue to reflect the company’s established position in the domestic sanitary […]

Bank loan

Another Karvy Stock Broking executive arrested in bank loan default case

Home ” General ” Business ” Another Karvy Stock Broking executive arrested in bank loan default case Hyderabad, September 3 (SocialNews.XYZ) Hyderabad’s Central Crime Station (CCS) on Friday arrested Karvy Stock Broking Ltd secretary Y. Sailaja in the bank loan default case. The police brought her before a municipal court, which sent her into custody. […]

Bank loan

Brickwork reaffirms the ratings of Kallam Textiles’ bank credit facilities

Brickwork Ratings Reaffirms “BWR D” Rating for Bank Loan Facilities of Rs369.74cr from Kallam Textiles Ltd (formerly Kallam Spinning Mills Ltd) The reaffirmation of the rating continues to reflect the delay in meeting debt obligations, i.e. the repayment of the principal amount of TL with one of the lenders and, therefore, the classification of the […]

Bank loan

Converge ICT obtains a loan from the Land Bank of P 3 billion for the fiber optic network

Converge ICT Solutions Inc. on Friday announced that it has signed a 3 billion PPP loan with the state-run Land Bank of the Philippines to finance the completion of its domestic terrestrial and submarine fiber backbone and support the working capital needs of the Internet service provider. “This loan financing brings us one step closer […]