India News | Written by Anand Kumar Patel | Tuesday October 6, 2015
15-year- old Karamjit Kaur is in a state of shock, her father Sukhminder Singh, a 42-year- old farmer, consumed pesticide and hanged himself from a tree in his field, a day after he destroyed his pest ridden cotton crop. What is worrying the elders most is the repayment of Rs three lakh bank loan taken by the farmer.
Press Trust of India | Friday August 21, 2015
The Reserve Bank on Friday gave the farming community much to cheer about when it said banks can extend loan repayment period up to 5 years in case 50 per cent crop is damaged due to natural calamities like drought and flood.
World News | Reuters | Monday July 20, 2015
Greece reopened its banks and ordered billions of euros owed to international creditors to be repaid on Monday in the first signs of a return to normal after last week's deal to agree a tough new package of bailout reforms.
NDTV | Thursday July 9, 2015
An extension of maturity will help Bhushan Steel reduce its per-year debt repayment liability and it will also help the banks in making lower provision for the loan given to the debt-ridden steel manufacturer.
World News | Reuters | Friday June 5, 2015
Greece delayed repayment of an IMF loan today and a deputy minister said Athens might call snap elections to break an impasse with lenders that threatens to push the country into bankruptcy and out of the euro.
Thomson Reuters | Friday June 5, 2015
Greece delayed repayment of an International Monetary Fund (IMF) loan on Friday and a deputy minister said the government might call snap elections if its creditors do not soften their terms, an option that an opinion poll showed four of ten Greeks support.
Thomson Reuters | Wednesday June 3, 2015
Greece threatened to miss a loan repayment to the IMF this week, opening the way for possible default, just hours before creditors were expected to present an ultimatum offering Athens funds in return for economic reform.
Thomson Reuters | Thursday May 28, 2015
Greece could default on an International Monetary Fund loan repayment on June 5 if it can't agree a new deal with its international creditors.
Thursday May 21, 2015
ABG Shipyard shares fell as much as 20 per cent on Thursday to hit its lowest level in 52 weeks of Rs 137.85 after the company said that it is under a framework of corporate debt restructuring (CDR) scheme.
Wednesday April 1, 2015
Gammon Infrastructure Projects failed to repay its loan instalment which it took for Mumbai Port Trust's (MPT) container terminal project, the report suggests.
Monday March 23, 2015
Like any other loan, it is vital to know that an education loan is a credit facility provided to help one pursue his/her higher education.
Wednesday March 18, 2015
The banks may increase the time of repayment of loan to 25 years from average of eight year, the report added.
Sunday January 18, 2015
Lenders no more look at your earning capacity alone but also factor in your past repayment track record in the form of credit score before making any kind of decision.
Thursday January 8, 2015
The Reserve Bank of India on Thursday doubled to Rs 2 lakh the amount of loan furnished by cooperative banks under the Gold Loan-Bullet Repayment scheme.
Wednesday December 17, 2014
Indian banks are poised to lend the money to the joint venture, the sources said, though ONGC would provide the guarantee and the breakdown of the loan's repayment has not yet been decided.
Thursday October 30, 2014
The urban co-operative banks are allowed to give gold loan under the bullet repayment scheme.
Monday September 22, 2014
Hotel Leela Ventures has raised Rs 90 crore from LIC by issuing debentures. Repayment for the debt was to be made in four annual instalments from March 2014 -2017.
Sunday August 24, 2014
Jet Airways executives are expected to meet the domestic rating agency Icra tomorrow following a downgrade of its debt rating after the airline failed to meet loan repayment schedule.
Tuesday April 22, 2014
The Reserve Bank of India will not permit repayment of domestic rupee loans availed in the country through external commercial borrowings from Indian banks' branches or subsidiaries abroad as the risk remains within the Indian banking system, it said in a statement on Tuesday.
Tuesday April 22, 2014
Though financial insight proves to be helpful, it is not required so often. Consumers search for the most reputable home loan providers and often end up getting trapped in the wordy circles of the best salesperson.
Wednesday October 30, 2013
Joining banks in naming and shaming wilful loan defaulters, non-banking finance companies (NBFCs) have also begun publishing photographs of such borrowers and their guarantors in newspapers.
South | Maya Sharma | Monday October 7, 2013
A statement by Karnataka Congress chief Dr G. Parameshwara that seemed to imply that minorities could be treated more leniently when it came to loan repayment has raised eyebrows. The BJP has said this, like Home Minister Sushil Kumar Shinde's earlier statement on being careful while arresting Muslims, was part of the Congress's divisive politics.
Thursday July 11, 2013
Due to the very nature of a home loan, which entails a large sum of money and a long repayment tenure, the amount of total interest paid by the end of the repayment works out to be a relatively significant corpus. Most home loan borrowers find it a daunting thought to imagining the amount that they would have paid by the time the loan gets over. Pe...
Monday July 1, 2013
The company has completed full repayment of two syndicated ECB loan facilities of $500 million each, which were availed in 2007 from a group of international banks, during the quarter ended June 30 2013, RCom said in a statement.