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Tag "bank loan"

World Bank approves loan of $125mn to Bengal govt

World Bank approves loan of $125mn to Bengal govt

🕔17:51, 22.Jan 2022

Kolkata, Jan 22 (IANS) In a significant recognition to the social welfare schemes launched by West Bengal Chief Minister Mamata Banerjee, the World Bank has approved a loan of $125 million (nearly Rs 1,000 crore) for inclusive social protection. Earlier, IANS

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FIIs’ fund outflows drag equities lower, banking stocks fall

FIIs’ fund outflows drag equities lower, banking stocks fall

🕔21:56, 29.Oct 2021

Mumbai, Oct 29 (IANS) Heavy foreign fund outflows as well as selling pressure continued to subdue India’s two key domestic indices for the third consecutive session on Friday. On Friday, FIIs sold Rs 5,142.63 crore on the BSE, the NSE and

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HDFC Bank Q1FY22 YoY net profit up 16.1%

HDFC Bank Q1FY22 YoY net profit up 16.1%

🕔15:41, 17.Jul 2021

Mumbai, July 17  HDFC Bank on Saturday reported a year-on-year rise of 16.1 per cent in its net profit for Q1FY22. Accordingly, the bank’s net profit increased to Rs 7,729.6 crore during the quarter under review ended June 30 in

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Liquidity to MSME rises as bank sanctions cross 1.38 lakh cr

Liquidity to MSME rises as bank sanctions cross 1.38 lakh cr

🕔13:06, 5.Aug 2020

New Delhi, Aug 5  The government is going all out to ensure that liquidity concerns of the MSME sector are addressed on priority under its Emergency Credit Line Guarantee Scheme (ECLGS). As of August 3, 2020 public sector and private

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RBI defers interest payment on working capital loans for 3 months

RBI defers interest payment on working capital loans for 3 months

🕔16:33, 22.May 2020

Mumbai, May 22  In a bid to ease the pressure of interest repayment on borrowers, the Reserve Bank of India has deferred the interest repayment on working capital facilities for three months and has allowed the repayment of accrued interests

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Banks can term IL&FS loans as NPAs, barred from recovery: NCLAT

Banks can term IL&FS loans as NPAs, barred from recovery: NCLAT

🕔17:54, 2.May 2019

New Delhi, May 2  The NCLAT on Thursday reversed its own interim order to allow lenders with exposure to IL&FS and its group companies to classify them as non-performing assets (NPAs), in line with RBI norms, but restrained them from

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RBI allows banks to extend loan against long term bonds

RBI allows banks to extend loan against long term bonds

🕔09:56, 28.Nov 2014

Chennai, Nov 28  The Reserve Bank of India (RBI) allowed banks to extend loans to individuals against long term bonds issued by them so as to provide liquidity to the retail investors. The loan against the bonds could be given

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