Bank loan

Holiday season retail demand and MSMEs drive bank lending growth in October

Reflecting the surge in holiday demand, retail bank lending covering housing, vehicles and credit cards, etc., rose 11.7% year-on-year in October 2021, up from 8 , 7% in October 2021. Data from the Reserve Bank of India showed year-over-year growth in home loans was stable at 8.4% in October 2021 from 8.1% a year ago. […]

Bank loan

Indian state of West Bengal secures $ 135 million loan from World Bank to improve efficiency and reliability of electricity supply

WASHINGTON, November 29, 2021—The World Bank Board of Directors has approved a $ 135 million loan to the Indian state of West Bengal to improve operational efficiency and reliability of electricity supply in parts of the state. West Bengal is strategically located along the corridor to North East and South East Asia and plays an […]

Bank loan

NuRAN Announces First Online Site in DRC, Cameroonian Bank Loan Approval, and Year-End Change | 2021-11-29 | Press Releases

First live site in the Democratic Republic of the Congo 15 live sites in Cameroon 32.68% Penetration rate after 1 month for the first 10 sites in Cameroon Afriland First Bank loan of CAD 2.87 million approved for Cameroon End of year changed to December 31 QUEBEC, QC / ACCESS WIRE / November 29, 2021 […]

Bank loan

Major Industry Players, Recent Trends, Potential Growth, Share, Demand and Forecast to 2026

The latest Bank Loan Software Market report estimates the current market opportunity and scenario, providing information and updates on the corresponding segments involved in the Global Bank Loan Software Market for the forecast period 2020- 2025. The report provides a detailed assessment of key market dynamics and comprehensive information about the structure of the Bank […]

Bank loan

Cedi seeks to ease African Development Bank loan

Archive photo of Ghana cedis banknotes The cedi depreciated slightly against the dollar this week, slipping to 6.103 from 6.08 at last week’s close despite recent interventions by the Bank of Ghana to ease pressure on the currency through its currency auctions. in the long term. Rising borrowing costs and investor preference for dollar-denominated securities […]

Bank loan

Flexible approach to bank loan restructuring encouraged

Lawrence Agcaoili – The Filipino Star October 25, 2021 | 00h00 MANILA, Philippines – Banks and financial institutions are urged to take a more flexible approach in restructuring loans from borrowers severely affected by the pandemic, according to Bangko Sentral ng Pilipinas. PASB Deputy Governor Chuchi Fonacier said the Monetary Board, through Resolution 1401, approved […]

Bank loan

P2P lending machine fires high amid slow bank loan disbursements

It has never been better for peer-to-peer (P2P) lending platforms, which are seeing a huge increase in the number of people willing to lend or borrow money. While the slowdown in loan disbursements by banks and other institutional lenders has pushed borrowers to turn to peer-to-peer lenders, low yields on fixed income are prompting wealthy […]

Bank loan

China’s slowdown in bank lending growth could worsen on real estate restrictions

The slowdown in bank loan growth in China is likely to slow further after the slowest gain in more than 15 years in attempts to dampen the real estate market. Concerns over the repayment capacity of borrowers, especially in the real estate sector, following the debt crises of China Huarong Asset Management Co. Ltd. and […]

Bank loan

Radia and others asked to join the investigation in a 300 crore bank loan embezzlement case

The Delhi Police’s Economic Crimes Wing has given notice to Niira Radia and other promoters and directors of Nayati Healthcare and Research NCR Pvt Ltd, to join the investigation into the alleged misappropriation of over 300 crore of bank loan, police said on Tuesday. A senior officer said the notice was served on Ms Radia […]