Posts in

Archives


Reflecting the increased demand for the holiday season, retail bank lending covering housing, vehicles and credit cards, etc., increased 11.7% year-on-year in October 2021, from 8 , 7% in October 2021. Data from the Reserve Bank of India showed year-over-year growth in home loans was stable at 8.4% in October 2021 from 8.1% a year …

WASHINGTON, November 29, 2021—The World Bank’s Board of Directors has approved a $135 million loan to the Indian state of West Bengal to improve operational efficiency and reliability of electricity supply in parts of the state. West Bengal is strategically located along the corridor to the northeast and to southeast Asia and plays an important …

The move follows the Dubai Sovereign’s Cabinet meeting chaired on Monday at Expo 2020 By Wam Posted: Mon Nov 29, 2021, 7:02 PM Last update: Mon Nov 29, 2021, 11:09 PM Chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the United Arab Emirates and Ruler of Dubai, the …

SINGAPORE – A man linked to a home loan scam that was the subject of an arrest warrant issued against him last month is still at large, a district court learned on Monday (November 29th). Odd-job worker Saiful Azri Ali Amat, now 36, pleaded guilty in September to one count of attempted fraud after trying …

As a banker and SME advocate, I am always asked how to secure bank credit. For an entrepreneur, bank loans represent a versatile source of financing for the business. It can be short-term or long-term, fixed or variable, demand or fixed-term, guaranteed or unsecured. It can be adapted to your needs. Obtaining it, however, poses …

The Novo mesto library rewarded for its 24-hour digitized book lending service The smart cabinet is considered a novelty in the Slovenian and European library space the Miran Jarc library in Novo mesto received the award for the best project of 2021 from the Slovenian Association of Public Libraries (ZSK). The prize, awarded nine years …

Affordable housing developer AHC has asked the county to consider a loan under its Multi-Family Affordable Housing Loan program as the group seeks to purchase The Fields in Cascades, a price-controlled rental community of 320 units in Sterling. , which is for sale and with price restrictions that will expire in 2025. AHC Vice President …

AS A banker and advocate for SMEs, I am always asked how to secure a bank loan. For an entrepreneur, bank loans represent a versatile source of financing for the business. It can be short or long term, fixed or floating, on demand or at fixed maturity, and secured or not. It can be adapted …

The number of contracts signed was similar to that signed in May, but the average amount borrowed was larger than before. The banks’ home loan portfolio grew 8.6% on the year, the central bank said. This is the fastest growth in the last decade, and half the euro area average. The increased debt burden on …

Like any significant financial commitment, the home loan application should also be done with due diligence. A home loan is imperative on your journey to owning a home, and even the slightest default can cost you the financing you need to make your dream come true. While the things to check are not complicated, a …

Owning a home is one of the ultimate dreams of any working Filipino and one of the most important investments one can make as its value increases over time. Buying your own home is a great advantage as it gives you a sense of security, safety and belonging, and it also gives you the freedom …

Kolkata / UNI: Bank of Baroda (BoB), a large public sector bank, launched the India-wide “Property Expo” to encourage customers to connect to the services they offer. Bank of Baroda has organized several real estate fairs in the eastern zone, including in Kolkata, Burdwan, Siliguri, Jorhat and Guwahati. The event works to bring real estate …

The Minister of Science and Technology, Ogbonnaya Onu, explained why the federal government obtained 72 million dollars from the World Bank for the 36 states to develop their land information system. Speaking at the annual Geoinformation Society of Nigeria conference held in Lagos, the minister said the gesture is to strengthen the collection of internally …

After peaking 3.8% linked to the pandemic in Q3 2020, defaults as a percentage of total senior loans declined for the third quarter in a row and stood at 1.2% in Q2 2021 , according to a recent report report of the National Investment Center for Housing and Elderly Care. However, delinquencies on loans to …

Through Express news service THRISSUR: The Criminal Branch team investigating the Rs 100 crore loan scam to the Karuvannur Cooperative Service Bank has arrested accused Pallath Kiran of Kollengode in Palakkad. It is alleged that Kiran, 31, from Perinjanam in Thrissur, received a loan of around Rs 22 crore through Benami accounts although he was …

Global Loan Services Market Report Outlines Market Challenges, Prospects, Threats, Future Scope, And Strategies Market research store is a leading market research organization that has published a report on the Global Loan Services Market. The latest report is expected to help better understand the market size, competitive landscape, major market players, growth strategies, and market …

The demand is good and the competition is also intense, but we are confident that we will achieve the targets. NBFC Muthoot Finance announced an 8% year-over-year increase in its second quarter consolidated net profit to Rs 1,002.9 crore despite the decline in its non-gold business. The net profit of the gold lending division grew …

New Delhi, November 12 (PTI) Non-bank finance company IIFL Finance on Friday launched an account aggregator-based lending service via WhatsApp. Account aggregators are entities that allow individuals to share and access data from one financial institution to another in consolidated networks of account aggregators. In a statement, the company said it has launched the first …

ZAGREB, Nov. 11, 2021 – The average monthly mortgage payment for people who took out a loan between November 2020 and June 2021 ranges from 41 to 44 percent of their monthly income, according to a survey by the Croatian National Bank, a said the daily Večernji List on Thursday. Housing loans totaled HRK 67 …

Prefabricated housing is a topic that has gained traction on Capital Hill lately, with the White House announcing earlier this year that it intends to address the country’s affordable housing shortage by increasing the available offer of MH. In September, the Biden administration also called on state and local governments to “reduce barriers to zoning …

PA State Senators Dan Laughlin and Sharif Street Unveil Marijuana Legalization Bill State Senator Dan Laughlin, left, and Sharif Street present a bill to legalize marijuana at the Pennsylvania State Capitol complex on February 24, 2021. Contribution video, CONTRIBUTION VIDEO A reminder came last week in the form of a press release that despite the …

Former Chief Justice Surendra Kumar Sinha was the primary beneficiary of illegal loans approved for him in violation of Farmers Bank’s credit policy, a Dhaka court observed in its verdict yesterday. The court sentenced Sinha to seven years in prison for money laundering and an additional four years for breach of trust to be served …

Hong Kong’s first digital banking platform, ZA Bank, announced this week that from November 4, 2021, new users will be able to get the results of their loan application approval “instantly through ZA Bank’s official website, enjoying a seamless digital finance experience and practical ”. As mentioned in an update shared with Crowdfund Insider, the …

PARIS (Reuters) – French conglomerate Bouygues has said that when its € 7.1 billion ($ 8.2 billion) deal to buy technical services group Equans from Engie is finalized, Equans will become its largest segment activity in terms of turnover and staff. The merger between Equans and the Energies & Services branch of Bouygues will create …

ECONOMYNEXT – Sri Lanka has signed a loan of $ 500 million from the World Bank to improve 3,000 kilometers of rural and provincial roads, the finance ministry said. As part of the Connectivity and Inclusive Development Project (ICDP), which will be implemented by the Road Development Authority (RDA) under the supervision of the Ministry …

Kogi State Commissioner for Finance, Budget and Economic Planning Asiwaju Asiru Idris told the House of Assembly that the state had never had a fixed account at Sterling Bank, like the claims the Economic and Financial Crimes Commission (EFCC). He provided the clarification on Tuesday following the invitation by some state government officials to brief …

Credit and Finance for MSMEs: Total gross bank credit of Rs 13.20 lakh crore deployed to the MSME sector in September 2021 accounted for 12.04% of India’s overall gross bank credit of Rs 109.56 lakh crore. Credit and financing for MSMEs: After two months of positive growth in the deployment of gross bank credit year-on-year …

But over the past year, as the dynamics of middle and lower incomes have continued, we have started to see a fairly significant pick-up in demand from higher income groups. Cities like Mumbai, Delhi, Bangalore, Pune, Hyderabad and Chennai are showing strong growth, according to Keki Mistry, Vice-Chairman and Chief Executive Officer, HDFC. Where does …

A farmer in Alampur under the Gazole police station in Malda is said to have tried to commit suicide by consuming pesticides in front of the director of a nationalized bank last afternoon after being “pressured” to repay 2 lakh Rs that he had borrowed from the bank. According to Pratap Chandra Ghosh, he was …

PETALING JAYA (November 1): The Malaysian Institute of Real Estate Agents (MIEA) called on the government to bring government attention to encourage home ownership of M40 by expanding home loan program to income group M40 as well as by stimulating the real estate market. The recently unveiled 2022 budget is a commendable budget as it …

British Prime Minister Boris Johnson is reportedly set to announce his country will guarantee a $ 1 billion World Bank loan to India for green infrastructure, sources say. spoken with Reuters. Several sources familiar with the matter confirmed the plans to Reuters on Monday. The announcement will likely be made during the 2021 United Nations …