Updated : 2 weeks, 3 days ago IST
Mumbai (Maharashtra) [India], Jan 9 (ANI): Trouble appeared to be brewing at Coffee Day Enterprises Ltd (CDEL) on Thursday with the company saying it has defaulted on payments of interest, repayment of principal amount on loans from banks and financial institutions, and unlisted debt securit
Updated : 2 weeks, 4 days ago IST
Mumbai (Maharashtra) [India], Jan 8 (ANI): The capital raising committee of Bank of Baroda on Wednesday approved the issuance of Basel III compliant tier two bonds for aggregate total issue size not exceeding Rs 2,000 crore in single or multiple tranches.
Mumbai (Maharashtra) [India], Jan 8 (ANI): The share price of Suzlon Energy dipped by 10 per cent on Wednesday morning after the financially-strapped renewable energy solutions provider said it defaulted on loans worth Rs 7,256.38 crore.
Updated : 2 weeks, 6 days ago IST
Mumbai (Maharashtra) [India], Jan 6 (ANI): The newly-formed Maharashtra government's announcement to waive off loans up to Rs 2 lakh for farmers with a cut-off date of September 30, 2019 and providing relief to non-defaulting farmers who have a loan above Rs 2 lakh can cost at between Rs 45,
Updated : 3 weeks, 6 days ago IST
Mumbai (Maharashtra) [India], Dec 30 (ANI): The Reserve Bank of India (RBI) on Monday released a draft circular on limits on exposure to single and group borrowers and revision in priority sector lending targets for urban cooperative banks (UCBs).
Updated : 1 month ago IST
Thrissur (Kerala) [India], Dec 26 (ANI): Manapurram Finance said on Thursday that its financial resources and management committee of the board of directors has approved issuance of private placement of rated, secured and redeemable non-convertible debentures having face value of Rs 10 lakh
Updated : 1 month, 1 week ago IST
Mumbai (Maharashtra) [India], Dec 18 (ANI): Shares of government-owned Bank of Baroda (BoB) fell by 2.93 per cent on Wednesday morning after the Reserve Bank of India (RBI) found that it had under-reported bad loans by Rs 5,250 crore in the financial year 2018-19.
Thrissur (Kerala) [India], Dec 17 (ANI): A farmer, who lost his crops in the last devastating floods, committed suicide allegedly for being unable to pay the loans taken from different banks.
Updated : 1 month, 2 weeks ago IST
New Delhi (India), Dec 9 (ANI): Congress MP Manish Tewari asked the government in Lok Sabha on Monday whether it will consider maintaining a central database that will have information about the employment status of those who have availed educational loans through banks.
Washington [US], Dec 7 (ANI) - US President Donald Trump on Saturday has lashed out at the World Bank on Friday for lending money to China, the world's second-largest economy and the bank's biggest borrower.
Updated : 1 month, 4 weeks ago IST
Mumbai (Maharashtra) [India], Nov 28 (ANI): Edelweiss Housing Finance Ltd (EHFL) on Thursday announced a strategic agreement with Bank of Baroda for co-lending of home loans to self-employed entrepreneurs and salaried customers.
Thrissur (Kerala) [India], Nov 28 (ANI): Manapurram Finance, a sizable lender against gold jewellery and ornaments, said on Thursday that international credit rating agency S&P has assigned issuer rating to its proposed issue of debt instruments in the form of US dollar-denominated senior no