Bank loan

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Search for quotes, news, net asset values ​​of mutual funds A 97 (Paytm) INE982J01020, PAYTM, 543396 IRCTC INE335Y01020, IRCTC, 542830 Tata power INE245A01021, TATAPOWER, 500400 Sapphire Food INE806T01012, SAPPHIRE, 543397 TIC INE154A01025, ITC, 500875 Search for quotes, news, net asset values ​​of mutual funds A 97 (Paytm) INE982J01020, PAYTM, 543396 IRCTC INE335Y01020, IRCTC, 542830 Tata […]

Bank loan

avantha realty: CBI files: Avantha entities used 500 crore INR Yes Bank loan to repay MNT Edelweiss, ABFL loan

Synopsis Funds were diverted from a term loan made to Oyster Buildwell, an Avantha group company with no real business or assets. Edelweiss and Aditya Birla Finance, who received INR 285 crore and INR 190 crore respectively, deny any knowledge of the source of funds used to repay their contributions, which has occurred in the […]

Bank loan

Government to IMF, World Bank loan request

Minister of Finance and Planning, Dr Mwigulu Nchemba, told reporters in Dar es Salaam yesterday that the funds would be used to implement the government’s strategic plan to fight the pandemic, with a focus on the prevention, the improvement of the country’s hospital infrastructure such as the purchase of medical oxygen cylinders and vaccines. . […]

Bank loan

Trade credit arrears could impact European corporate bank loan repayments in the face of COVID-19

The ability of European businesses to repay their COVID-19 loans is at risk as they face late payments on invoices, market participants say. Businesses across Europe have seen a surge in the number of suppliers delaying payments during the pandemic, according to trade credit balance data from S&P Global Market Intelligence and CreditSafe. In April, […]

Bank loan

Bengaluru-based property company arrested for defaulting on loan from Yes Bank

A Bengaluru-based property development agency has been arrested by Bengaluru police for allegedly deceiving a bank. Cubbon Park Police have convicted Nitesh Estates Limited and its subsidiaries for allegedly deceiving Yes Bank into defaulting on a loan of Rs 712 crore. A lawsuit was filed against the company and its promoter, Nitesh Shetty, recently based […]

Bank loan

Bank loan funds are in an ideal position

As interest rates fell in 2019 and 2020, investors paid little attention to bank loans. But an economic recovery and the likelihood of higher short-term interest rates are key conditions for these loans, which pay an interest rate that adjusts every few months based on a bond benchmark at short term. When yields rise, most […]

Bank loan

Bank loan funds are back: here are 2 to consider

Bank loan funds lacked appeal for investors in 2019 and 2020 due to falling interest rates. But the economic recovery and the potential for higher short-term interest rates have put the category back in favor in 2021. Bank loan mutual funds have received net inflows of more than $13 billion for the year so far. […]

Bank loan

What is moratorium, bank lending moratorium, RBI EMI moratorium, moratorium news

As a relief measure for people dealing with the coronavirus pandemic, the Reserve Bank of India (RBI) has authorized a three-month moratorium on term loan and credit card repayments. Credit institutions have been asked to defer the EMI of their customers opting for this moratorium regime. But what is […]

Bank loan

Loan demand rises as developing countries face headwinds

WASHINGTON- The World Bank said on Monday it expects its non-market rate lending to hit $43 billion in the current fiscal year as developing countries face economic headwinds, lifting its total for the past four years to more than $150 billion. The multilateral lender said its International Bank for Reconstruction and Development (IBRD) and International […]