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ED Attaches Rs 90 Cr Assets Of Road Construction Company

Energy & Infra

Probe found Ranchi Expressways Limited represented by its directors and promoters obtained loans of about Rs 1,030 crore from a consortium of banks led by Canara Bank

India Receives $1.75 Bn Loan From World Bank For Health & Private Investment

BW Online Bureau

Economy

The funds will be used to improve public healthcare infrastructure across the country. In addition to the national-level interventions, one of the loans will prioritize seven states namely Andhra Pradesh, Kerala, Meghalaya, Odisha, Punjab, Tamil Nadu, and Uttar Pradesh, the multi-lateral funding agency said

Refinancing Of Loan For Financial Strength

Mahesh Shukla

Banking & Finance Personal Finance Loans

As the competition is at an all-time high with the growing presence of private banks and NBFCs, many refinance options are waiting for intelligent and knowledgeable borrowers.

IMF Extends Stalled Bailout Package For Pakistan, Loan Now $8 Billion

BW Online Bureau

World

The understanding was reached after the crucial talks between Pakistan's newly-appointed Finance Minister Miftah Ismail and IMF Deputy Managing Director Antoinette Sayeh in Washington, The Express Tribune reported, citing sources

Future Enterprises Defaults Loan Repayment Of Rs 19.16 Cr

BW Online Bureau

Companies & Markets

On March 25, the Future Group firm had informed about defaulting on repayment of Rs 93.99 crore to Punjab National Bank and Canara Bank under the one-time restructuring plan

Omicron Threat Can Severely Affect Loan Securitisation: Report

BW Online Bureau

Companies & Markets

"The spread of the virus could reignite worries on statewide or nationwide lockdowns which would have a bearing on the loan collection abilities of the NBFCs and HFCs," it said.

India, ADB Sign $300 Million Loan To Improve Primary Health Care In India

BW Online Bureau

Healthcare

The loan is going to benefit over 256 million urban dwellers including 51 million from slum areas, according to the Union Finance Ministry.

Portea Medical Secures USD 7.7 Mn Loan Guaranty Commitment From DFC

BW Online Bureau

Companies & Markets

The DFC-guaranteed loan will be used to support rapid expansion of Portea Medical''s business through digitalisation, broadening service offerings, increasing geographical coverage and developing innovative delivery channels for home-based healthcare

NABARD's Loans Rise 25.2 % To Reach Rs 6 Lakh Crore In FY21

BW Online Bureau

Companies & Markets

The National Bank for Agriculture and Rural Development (NABARD) also said its balance sheet size reached Rs 6.57 lakh crore as on March 31, 2021, most of which is on account of non-idle (earning) assets that, in turn, helped create private and public investments at the ground level.

Bandhan Bank Witnesses 8 % Rise In Its Loans, Advances In June Qtr

BW Online Bureau

Banking & Finance

Total deposits grew by 28 per cent year-on-year to Rs 77,336 crore, while the CASA (current account and savings account) deposits jumped by 48 per cent to Rs 33,197 crore in the first quarter of 2021-22.

Centre To Give Additional Rs 15,000 Cr Interest-free Loan To States For Capital Projects

BW Online Bureau

Economy India

The Scheme for Special Assistance to States for Capital Expenditure for 2021-22 has three parts, including linkage of asset monetisation with funds release by the Centre.

NCDC Secures Rs 600 Cr Loan From Deutsche Bank For On-Lending To Cooperatives

BW Online Bureau

Banking & Finance Banking

The farmer producer organisations being set up in the country would be able to access easier credit and market through the NCDC agreements with ICC and Deutsche Bank, which will help small and marginal farmers

UltraTech Cement Prepays Rs 5,000 Cr Loan

BW Online Bureau

Companies & Markets

UltraTech Cement reported a revenue of Rs 40,649.17 crore in 2019-20 and is the largest manufacturer of grey cement, ready mix concrete (RMC) and white cement in India.