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Amtek Auto: Amtek Vehicle lenders go SC professing contempt by bidder

New Delhi: Amtek Auto’s loan providers have moved the Supreme Court declaring contempt of court by Deccan Value Buyers (DVI), following the latter cited...

Loans to MSMEs are shrinking irrespective of credit guarantees

India’s policymakers wish to decrease the economy’s suffering by credit focused precisely in the direction of small businesses that lead about 25%...

Bondholders and loan companies of GVK Ability Goindwal settle disputes more than priority payment

Mumbai: The bondholders of GVK Electric power (Goindwal Sahib) and its loan providers have resolved to amicably settle the dispute in excess of the...

Initial loss assure program will help borrowers indirectly

The very first loss assurance is a mechanism whereby a third get together compensates creditors if the borrower defaults. As the third...

House financial loans will also be rejigged, particulars awaited

Mumbai: Individuals with house loans and other personal loans, who do not have the capability to repay, will have to wait around a bit...

RBI mortgage moratorium information: No extension of mortgage moratorium, but RBI introduces credit card debt resolution approach for eligible debtors

Mumbai: The Reserve Bank of India on Thursday said it will present a financial debt resolution window to permit lenders to put into practice...

RBI governor remains non-committal on moratorium

MUMBAI: Reserve Bank of India (RBI) governor Shaktikanta Das remained non-committal on both of those moratorium and a mortgage-restructuring plan inspite of conflicting demands...

Examine if a dwelling financial loan change performs for you

If you have an ongoing mortgage with a tenure of above 10 a long time, a distinction of even 50 basis points (bps) can...

Lakshmi Vilas Bank Ltd.: Lakshmi Vilas withdraws mandate it gave to IBA for wage talks

Kolkata: Capital-starved Lakshmi Vilas Bank has withdrawn its mandate to the Indian Banks’ Affiliation (IBA) for negotiating wage revisions with staff on its behalf...

NBFC liquidity plan is an umbrella all through a storm

MUMBAI: Is an umbrella worth something in the face of a storm? Non-bank finance organizations (NBFCs) encounter this concern...

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Marketplaces plunge on worldwide cues as virus stokes lockdown fears

With the fact of the floundering financial system triumphing about the hope of a quick recovery to pre-crisis stages, analysts are predicting a period...

Global Markets-Asian shares drop on issues about fresh new lockdowns, banking sector

By Suzanne BarlynNEW YORK, Sept 21 (Reuters) - Asian shares opened weaker on Tuesday on worries about new pandemic lockdowns in Europe and soon...

American Airways plans pilot teaching on Boeing 737 Max in November

An American Airlines Boeing 737 MAX 8 flight from Los Angeles lands at Reagan Countrywide Airport shortly immediately after an announcement was made by...