repayment

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...

New Delhi, Coffee Day Enterprises Ltd has reported a total default of Rs 433.91 crore in interest payments and repayment of principal amount on loans from banks, financial institutions and unlisted debt securities like NCD and NCRPS for the quarter being ended June 30, 2024.Coffee Day...

New Delhi [India], Finance Ministry has confirmed the repayment schedule for '8.40 per cent Government Security (GS) 2024', scheduled to mature on July 26, 2024.According to a press release from the Finance Ministry, considering that July 27 and 28 are non-working days, the repayment will be...

Nairobi [Kenya], The United States has warned that Kenya's growing debt burden is undermining its ability to provide quality health care and education to its citizens, highlighting costly debt incurred over the past decade partly with China, Business Daily Africa reports.The Kenyan business...

Colombo President Ranil Wickremesinghe on Tuesday said "substantial progress" has been made in Sri Lanka's debt restructuring, which he said provided much-needed breathing room for the cash-strapped country to transform its economy into bankruptcy in a resilient and stable economy.Briefing...

Providing maximum repayment periodAn additional notable benefit for borrowers is the extended repayment period of the scheme. It offers a repayment tenure of up to 30 years or up to the age of 75 years, facilitating long-term financial planning and management.Concessions on various types of...

VMPLNew Delhi [India], June 14: Since its invention, two-wheelers have attracted people of all ages. They are not just an asset; For many people, they represent affordable freedom – the freedom to travel anywhere, freedom from public transportation, and the joy of driving on empty roads. With...

Thiruvananthapuram: The Kerala government on Wednesday made it clear that there is no stay on repayment of loans taken by fishermen during the 52-day fishing ban in the state waters.However, state Fisheries Minister Saji Cherian told the state assembly that several measures, including free...

Thane: A case has been registered against four people for allegedly abetting the suicide of a 50-year-old lab technician over loan repayment in Maharashtra's Thane district. Police gave this information on Monday.Based on the complaint of the deceased man's wife, police on Saturday registered...

COLOMBO: Sri Lankan President Ranil Wickremesinghe has said a strategic decision has been taken on deferring debt payments to 2027 and renegotiating repayment terms to extend it to 2042.In April 2022, the island nation announced the loss of its sovereignty for the first time since gaining...

SMP New Delhi [India], May 28: In the rapidly evolving landscape of finance services, choosing the right home loan that matches your needs, that is cost-effective, where access to finance is quick and where the process is transparent. Bank of Maharashtra offers the Maha Super Housing Loan Scheme...

New Delhi, Cube Highway Trust, managed by Cube Highway Fund Advisors Pvt Ltd, has approved distribution of Rs 3.94 per unit to common unitholders, aggregating Rs 508 crore for Q4 FY24.The per unit distribution includes Rs 1.79 as interest, 20 paise as dividend, Rs 1.94 as repayment of SPV loan...

Oravel Stays Ltd, which operates travel-tech company Oyo, is close to finalizing its refinancing plans, where the company is looking to raise $350-450 million (Rs 2,908.5 crore to Rs 3,739.5 crore) by issuing bonds. is the estimated interest rate. 9-10 per cent per annum, sources told IANS on...

VMP New Delhi [India], April 26: A loan of Rs 2 lakh can be extremely useful during urgent financial needs. Whether you want to meet a major expense or deal with an emergency, it provides easy access to funds easily and quickly. Nowadays, the younger generation likes to accomplish grand goals...

VMP New Delhi [India], April 18: Teaching is not just a profession; It is a call that shapes the future of our society. While teachers dedicate their lives to nurturing young minds, they also have personal dreams and financial needs. Her Fincorp recognizes the vital role of teachers and offers...

KARACHI, State Bank of Pakistan has committed US$1 billion in Eurobonds as the cash-strapped country prepares for a new long-term bailout from the IMF to manage its external financing needs and economic recovery, Sunday. Said in a media report here.Pakistan's central bank announced it has...

Washington Another group of Republican-led states is suing to block the Biden administration's new student loan repayment plan, which offers a path to faster cancellation and is already in effect for more than 150,00 borrowers. Has been used to waive the loan.Seven states, led by Missouri...

ISLAMABAD: Pakistan is set to repay US$1 billion of foreign debt in exchange for 10-year Eurobonds maturing in the middle of this month, taking the stock of debt acquired through bond sales in the international market to US$7 billion. Will be reduced.The State Bank of Pakistan (SBP) told The...