Oct 03, 2022 11:39 AM ISTThe Sajjan Jindal-led company plans to deploy the fund for capital expenditure to achieve its annual capacity target of 25 million tonne by FY25, it said in a statement.
Oct 03, 2022 09:27 AM IST While most governments and companies are still able to stomach the higher financing bills, credit markets are starting to buckle as fund outflows and volatility soar
Sep 22, 2022 05:48 PM IST The GLP grew 2.7 per cent during the June quarter compared to Rs 2.85 lakh crore at the end of the preceding March quarter, the report by industry lobby grouping and RBI-recognised self regulatory organization Microfinance Institutions Network (MFIN) said.
Sep 04, 2022 02:49 PM IST The International Monetary Fund (IMF) on Thursday announced that it will provide Sri Lanka a loan of about USD 2.9 billion over a four-year period to help the island nation overcome the unprecedented economic turmoil.
Sep 02, 2022 10:20 AM IST The availability of credit with just a click of a button lures us to borrow more and more. Taking a loan is not bad, but it becomes a problem when you borrow for things that are not a necessity. Loan apps have made it easier to borrow, but also made it easier to get trapped in the vicious cycle of borrowing to repay. So here are a few points to keep in mind to borrow responsibly, so that loan apps don’t kill you.
Sep 01, 2022 11:01 AM IST "The objectives of Sri Lanka's new Fund-supported programme are to restore macroeconomic stability and debt sustainability," the statement said, outlining the 48-month long arrangement under the IMF's Extended Fund Facility.
Aug 31, 2022 10:35 AM IST The island nation, struggling with its worst economic crisis in more than seven decades, had sought up to $3 billion from the IMF.
Aug 30, 2022 06:28 AM IST Officials hope the interim budget for the rest of the year will be followed by a staff-level agreement on extending much-needed IMF help for Sri Lanka to tackle its worst economic turmoil since independence from Britain in 1948.
Aug 19, 2022 02:16 PM IST KSK Mahanadi Power Company had total loan outstanding of Rs 3,815.04 crore towards State Bank of India (SBI) as of April 2022.
Aug 12, 2022 02:13 PM IST The Pune-headquartered lender recorded a 27.10 per cent increase in gross advances to Rs 1,40,561 crore at the end of June 2022, according to published quarterly numbers of the public sector banks (PSBs).
Aug 01, 2022 06:27 PM IST It expects to make recoveries worth Rs 10,000 crore from accounts under the National Company Law Tribunal (NCLT) for resolution of bad loans in 2022-23, the bank said during an analysts conference call post June 2022-23 quarter earnings announcement last week.
Aug 01, 2022 02:37 PM IST The rates have been increased across all tenors under the marginal cost of funds-based lending rate (MCLR) system, a move that will make EMI expensive for those who availed loans benchmarked against MCLR.
Jul 27, 2022 01:56 PM IST Battered by Russia's invasion launched on Feb. 24, Ukraine faces a 35%-45% economic contraction in 2022 and a monthly fiscal shortfall of $5 billion and is heavily reliant on foreign financing from its Western partners.
Jul 26, 2022 06:44 AM IST The conditional commitment for the loan to Ultium Cells LLC for facilities in Ohio, Tennessee, and Michigan is expected to close in the coming months and comes from the government's Advanced Technology Vehicles Manufacturing (ATVM) loan program, which has not funded a new loan since 2010.
Jul 19, 2022 06:46 PM IST The loan cleared on June 28, 2022 comprises two complementary loans of USD 500 million each namely for Transforming India’s Public Health Systems for Pandemic Preparedness Program (PHSPP) and India’s Enhanced Health Service Delivery Program (EHSDP)
Jul 18, 2022 05:35 PM IST GST Council, in its 42nd meeting, has recommended extending the period of levy of GST Compensation cess beyond June 2022 to cover the entire shortfall as well as servicing the back-to-back loan released to states
Jul 14, 2022 01:29 PM IST However, asset-quality risks from higher rates should generally be moderate for most banks, it said in a statement.
Jul 06, 2022 07:18 AM IST The company had facilitated loan disbursal of around Rs 1,700 crore through its NBFC partners in the January-March 2022 quarter.
Jul 04, 2022 10:59 AM IST Moneycontrol spoke to 15 people who were laid off in the past six months to understand their hopes and fears as they navigate the new normal. All the names of the laid-off employees have been changed in the story to protect their identities.
Jul 01, 2022 02:45 PM IST The amount will be utilised towards financing the existing loans, its Additional General Manager (AGM) Amit Rautela told PTI.
Jun 29, 2022 12:18 PM IST The International Monetary Fund has also asked Pakistan to set up an anti-corruption task force to review all the existing laws that were aimed at curbing graft in the government departments, the reports, quoting sources as saying.
Jun 15, 2022 02:27 PM IST Sustainalytics, a Morningstar Company, provides analytical environmental, social and governance (ESG) research, ratings and data to institutional investors and companies.
May 26, 2022 06:44 AM IST Elon Musk will provide an additional $6.25 billion in equity financing for the $44 billion buyout, according to a regulatory filing Wednesday. That’s enough to eliminate the margin loan of the same size, which had already been reduced earlier this month.
May 26, 2022 06:02 AM IST The disclosure made in a regulatory filing on Wednesday signaled Musk is working to complete the deal even though he had last week linked its progress to Twitter presenting proof that spam bots accounted for less than 5% of the total users.
May 08, 2022 07:11 PM IST Total income in the March quarter of fiscal year 2021-22 increased to Rs 1,035 crore, as against Rs 967 crore in the same quarter of 2020-21, DCB Bank said in a regulatory filing.
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