Loan
The loan will be utilised to part finance the capital expenditure of NTPC.
NTPC signs term loan of Rs 5,000 cr with SBI
07 Dec 2019 3:16 PM

The loan facility has been extended at an interest rate linked to 3-month MCLR of the bank and has a door-to-door tenure of 15 years.

As per the data released, banks have given Rs 27,225 crore as home loan, Rs 11,088 crore as vehicle loans and Rs 1,111 crore as education loan during the two months.
Public sector banks disburse Rs 4.91 lakh cr loan during Oct-Nov
03 Dec 2019 7:42 PM

Banks disbursed Rs 2.52 lakh crore of loans in October and Rs 2.39 lakh crore in November.

The company has already secured required total debt from a consortium of banks led by State Bank of India. (Photo: PTI)
Patanjali secures Rs 3,200 cr loan from banks to buy Ruchi Soya
29 Nov 2019 7:36 PM

NCLT approved the resolution plan of Patanjali Ayurved to acquire debt-laden Ruchi Soya.

Adding to the problems of the power generators, a new government in Andhra Pradesh—which owes renewable energy firms more than any other state—wants to renegotiate its contracts, saying the prices it pays are inflated.
Discoms may get loans to clear dues to RE firms
27 Nov 2019 1:33 AM

Commercial banks are unwilling to lend to these firms because of their high outstanding debt.

Fintech players are disrupting this space with their advanced technology and by providing flexible benefits plan to these MSME’s.
Platforms enabling easy access to finance for the MSMEs
15 Nov 2019 3:47 PM

MSMEs contribute 6.11 pc to the manufacturing GDP, 24.63 pc to the GDP from service activities, and 33.4 pc to manufacturing output.

Following a disciplined financial approach would not only help inavailing loan, it can also help manage expenses better. (Representational image)
Planning to take loan in your 20s? 5 points to check if you are financially ready
08 Nov 2019 1:09 PM

Availing loan without financial planning can have dire consequences on your financial health.

The new deposit rates will also be effective from November 10.
SBI steeply slashes deposit rates; lowers lending rates marginally
08 Nov 2019 11:45 AM

This is the seventh consecutive cut in lending rates by the bank this fiscal.

DHFL is currently classified as stressed account but will slip into becoming a Non-Performing Assets (NPA) by December 31 unless a resolution is found.
Govt not planning to help banks rescue shadow lender DHFL: sources
07 Nov 2019 1:38 PM

DHFL’s creditors include mutual funds, pension funds, insurance firms and a wide array of retail investors.

Financing higher studies can be difficult, and in the absence of a scholarship you may have to look for a student loan to ensure that your child's further studies aren't compromised upon. (Representational Image)
Now finance your higher studies abroad with a Loan against Property
04 Nov 2019 11:23 AM

Overseas education continues to be an attractive proposition for undergraduate and postgraduate students.

On October 29, a senior official said there were good enough reasons to refer the DHFL matter to the SFIO.
Govt orders SFIO probe against crisis-hit DHFL
01 Nov 2019 4:40 PM

A forensic audit by KPMG has reportedly found massive fund diversion by the promoters.


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