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Latest Articles in loans

Scandal-Hit Kobe Steel Seeks Loans, Shareholder Offers Support

Kobe Steel Ltd is seeking 50 billion yen ($440 million) in loans from banks, a banking source said on Monday, while a shareholder said it was ready to offer support as the company grapples with a scandal over falsified product specifications.

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RCom Shares Rise After Debt Deal With Lenders

Shares in Reliance Communications rose as much as 4.6 per cent after the debt-laden mobile carrier said it won a seven-month reprieve on its loans from lenders

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Small Businesses Suffer As India's Bruised Banks Sit On Deposits

A mountain of bad debt in India's banking system has led to a prolonged credit crunch that is inflicting most pain on small-and medium-sized enterprises

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5 Ways To Accelerate Your Savings

Here are five simple tips to help you accelerate your savings and create wealth

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3 Reasons Why Investors Stop Their Goal-Linked SIPs

With assets under management nearing the 1.8 trillion mark, and the number of active SIPs crossing 1.25 crore recently, the Indian mutual fund industry has been picking up pace lately

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Loans, Card Payments Above Rs 2 Lakh In Cash To Be Shown In Income Tax Return Form

All cash payments of over Rs 2 lakh for paying loans and credit card bills during the 50-day period post demonetisation will have to be disclosed in the new one-page Income Tax return form

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Govt To Amend EPF Scheme To Enable Members Buy Homes

Government will amend EPF scheme to enable around 4 crore members of retirement fund body EPFO to withdraw up to 90 per cent of their fund for making down payments while buying homes

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Your Financial 'To Do' List Before You Turn 40

With interest rates ranging from 12-15 per cent on education loans, it would be wise to start making monthly provisions towards your child’s higher studies.

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United Bank Of India Slashes Lending Rate By Up To 0.90 Per Cent

Public lender United Bank of India slashed its benchmark lending rate by up to 0.90 per cent, joining others such as State Bank of India, ICICI Bank, HDFC Bank and Punjab National Bank

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Air India In Rough Weather, Seeks Loans To Meet Working Capital Needs

Facing financial headwinds, Air India is in discussions with public sector banks to seek working capital loans to tide over cash paucity which also caused delay in December salary payments to a section of employees

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After PM Modi's Nudge, Banks Cut Lending Rates, Home, Auto Loans Set To Get Cheaper

Top PSU lenders State Bank, Punjab National Bank and Union Bank on Sunday slashed their benchmark lending rates by up to 90 basis points, a day after Prime Minister Narendra Modi asked banks to priorities their lending towards the poor and middle class

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Borrowers Now Have Additional 90 Days To Repay Loans

In further relief to people hit by demonetisation, the Reserve Bank has gave borrowers another 30 days over and above 60 days for repayment of housing, car, farm and other loans worth up to Rs 1 crore

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Marriage: Take A Vow To Be Financially Responsible

While strong emotions lay the foundation for togetherness in life, it is the pragmatic approach that makes the married life successful

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Loans Without A Moan

Capital Float offers flexible, hassle-free, short-term loans to small and medium-size enterprises at the click of a button

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Need To Provide More Capital To PSBs To Deal With NPAs: RBI

Last month, the government injected Rs 22,915 crore capital in 13 lenders including SBI and Indian Overseas Bank to revive loan growth

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