loan

Speaking after Vasco da Gama secured the 32-year-old on a 12-month loan from Aston Villa, Coutinho said he was eager to make a fresh start with the Rio de Janeiro outfit.“Vasco means everything to me when it comes to football. It is the club that raised me, that gave me the opportunity to...

New Delhi: Farmers' organization SKM on Thursday announced that it will resume its agitation over its pending demands including legal guarantee of MSP and loan waiver and submit a memorandum to the Prime Minister and the Leader of Opposition in the Lok Sabha.The Samyukta Kisan Morcha (SKM)...

New Delhi: State-owned REC Ltd on Wednesday said it has received a loan of 31.96 billion Japanese yen (equivalent to US$200 million) from Deutsche Bank's GIFT City branch to finance green energy projects in India.According to a statement, REC has taken out a green loan of JPY 31.96 billion...

Bengaluru: The land acquisition process for the Bengaluru Suburban Railway Project (BSRP) for Corridor-1 will begin only after getting approval from bankers and the Indian Railways, a senior official said on Wednesday.According to Railway Infrastructure Development Company (Karnataka) (K-RIDE)...

Bilaspur, a software engineer was duped by a 33-year-old fraudster who used his mimicry skills to assume different fake identities, including a potential girlfriend, an income tax judge and an RBI official, to scam him of Rs 1.39 . crores, police said.As this is not enough, the accused, Rohit...

Thane, Three people have been arrested for allegedly harassing people on the pretext of debt recovery in Maharashtra's Thane district. The police gave this information on Tuesday.Earlier this month, police had received complaints of abusive and obscene phone calls from loan sharks, an official...

Kolkata: Micro-credit indebtedness per borrower should be limited to Rs two lakh, while the number of lenders to a borrower should also be limited to a maximum of four, industry self-regulatory body MFIN said on Tuesday.With almost 80 per cent of micro loans having a tenure of 18 months or...

Mumbai: The 'wagh nakh' or tiger claw-shaped weapon of Chhatrapati Shivaji Maharaj that the Maharashtra government intends to bring back from a London museum is not "original", historian Indrajit Sawant said on Monday and claimed that the one he used the legendary emperor remains in the state's...

Mumbai Reserve Bank on Monday said it has canceled the registration certificates of two NBFCs, Star Finserv India and Polytex India, due to irregular lending practices.Hyderabad-based Star Finserv India was offering the service under 'Progcap' (owned and operated by Desiderata Impact Ventures...

NBFCs include Mumbai-based Polytex India Ltd and Finserv India Ltd, operating from Banjara Hills in Hyderabad.RBI said Polytex India Limited complied with the RBI Guidelines on Code of Conduct in Outsourcing of Financial Services by outsourcing its core decision making functions related to...

Islamabad, Pakistan Finance Minister Muhammad Aurangzeb warned that the cash-strapped country will continue to seek bailouts from the IMF if it fails to raise tax revenues, according to a media report on Monday.The Pakistan Muslim League-Nawaz (PML-N) leader, in an interview with the UK-based...

New Delhi, Financial services group JM Financial on Saturday said it has decided to consolidate its stake in wholesale loan syndication and distressed loan businesses under a single platform.The consolidation aims to leverage JM Financial Group's expertise to achieve higher risk-adjusted...

Mumbai: The Japanese International Cooperation Agency (JICA) on Friday signed an agreement to provide the fifth and final tranche of loan of Rs 4,657 crore for the Mumbai Metro Line 3 project, a key corridor of the rapid transit system in the financial capital.With this, the Japanese...

According to ICRA, except for HFCs, securitization volumes remained largely stable on a year-on-year (YoY) basis.It is estimated that the securitization volume will increase in the next quarters and cross Rs 2 trillion by FY2025.Securitization is a process whereby a lender makes a loan or a...

The loan agreement was signed by Additional Secretary, Ministry of Finance, Manisha Sinha, and JICA India Chief Representative, Saito Mitsunori, for Mumbai Metro Line 3, connecting Colaba-Bandra-SEEPZ, and a priority project for Japan and JICA.The project aims to address the increasing traffic...

New Delhi: The Asian Development Bank (ADB) on Thursday said it has arranged a loan of Rs 1,460 crore for ENGIE Group for the construction of a 400 MW solar photovoltaic power plant in Gujarat's Surendranagar.ADB was the mandated lead arranger for the entire loan of 14.6 billion rupees (about...

New Delhi: Country's largest lender SBI on Thursday announced 11 new initiatives, including enhancing its digital banking functions and opening 35 new agricultural centralized processing cells, to mitigate risks in its agricultural loan portfolio. .On the occasion of its 69th Foundation Day...

Rashid, who is jailed since 2019 after being accused by the NIA in a terror financing case, defeated former J&K Chief Minister Omar Abdullah from Baramulla Lok Sabha seat as an independent candidate by over 2 lakh votes in the recent elections.The ECI notification was given by the deputy...

New Delhi: The ED on Wednesday said it arrested three people, including a chartered accountant and a resolution professional, as part of a money laundering probe related to an alleged bank loan fraud linked to the recovery of control of a company NCLT insolvent.Chartered accountant (CA) Rakesh...

Srinagar, A notice has been issued to newly elected MP Sheikh Abdul Rashid aka Engineer Rashid, who is in jail in a terror financing case, over a significant disparity in his election expenditure report for Baramulla constituency Lok Sabha in Jammu and Kashmir.The electoral authority has...