Category: Loan

India to loan Nigeria $100 million to boost rural internet penetration

The Indian government has agreed to provide a loan of $100 million to Nigeria to help the country achieve its…

Personalized loans changing the way banks market their loan products

Experience is the new product in the financial industry that is going through hyper-personalization. How many times have you responded…

RBI panel wants govt loan portal to reach out to startups

BENGALURU: Government-promoted online loan application platform Psbloansin59minutes should expand coverage and extend loans to startups, an expert committee on micro, small…

Consider Writing Off Loan Taken For Treating Endosulfan Victim : Kerala HC Tells Govt

The High court of Kerala has urged the Government of Kerala to consider writing off a loan availed to treat…

ICICI-Videocon loan case: ED summons Chanda Kochhar again on Monday

Former ICICI Bank CEO Chanda Kochhar has been summoned by the Enforcement Directorate again on Monday for the eleventh time…

SFIO probe reveals IL&FS gave 13 loans to ABG group without following due procedure

The Serious Fraud Investigation Office (SFIO) which has been investigating the debt-ridden Infrastructure Leasing and Financial Services (IL&FS) group has…

L&T Finance Launches Hypothecation-Free New Two-Wheeler Loan Scheme

L&T Finance, a subsidiary of L&T Finance Holdings, has introduced a new two-wheeler loan scheme under the offer ‘Sabse Khaas…

Canadian Solar Secures $50 Million Term Loan from Credit Suisse

Canadian Solar has secured a $50 million term loan from Credit Suisse. Canadian Solar intends to deploy the term loan to…

Woman, Daughter Set Themselves On Fire In Kerala Over Loan Notice

THIRUVANANTHAPURAM:  Fearing that they will lose their home in a loan default case, a teenage girl and her mother committed…

SBI home loans to become cheaper for both new and existing borrowers

The country’s largest lender, the State Bank of India (SBI), has cut its MCLR by 5 basis points across all…