IL&FS completed China street property sales, tracing China 2,600 crore. loan
IL&FS has announced the sale of its 49% stake in its Chinese road asset – Chongqing Yuhe Expressway Company Limited (CYEC). IL&FS Group holds a […]
loan
SBI signs $ 1-bn loan pact with Japanese bank
The State Bank of India (SBI) has signed a loan agreement of up to $ 1 billion for International Cooperation (JBB) with the Japanese bank. […]
No compounding, punitive interest should be taken from the borrowers during the loan moratorium period: Supreme Court
Supreme Court only. Questioned the justification for limiting compound interest on loans up to 2 crores The Supreme Court on 23 March barred banks from […]
As of December ‘MFI gross loan portfolio grew by 6.4%.’
According to a report, the gross lending portfolio of the microfinance sector grew by 6.4% to ₹ 2.27 lakh crore as of December 2020, from […]
Directors of nine companies caught in loan app fraud
Chinbaba Rajasekhar, 27, a resident of Chittoor district in Andhra Pradesh and works in Bengaluru. Continuing its investigation into alleged financial fraud by app-based loan […]
Reliance HF defaulted on -40-Crore loan
Reliance Home Finance Limited (RHFL) said on Saturday that it had asked Punjab & Sindh Bank Ltd. Had defaulted on loans of more than 40 […]