Bank loans

Find out the interest rates for bank loans under the Prime Minister’s Street Vendor Scheme

Banks offer high interest rates on loans to beneficiaries under PM’s street vendor scheme As the nationwide lockdown was imposed in March 2020 and several migrant workers were stranded without any source of income, the Ministry of Housing and Urban Affairs launched the Prime Minister’s AmtaNirbhar Nidhi (PM SVANidhi) program on June 1, 2020. ). […]

Debt finance

Kerrville council gives notice of intention to debt finance new public safety complex

Photos clockwise from top left corner: These existing public facilities – city court, fire administration, police department – would be removed and a new public safety complex would be built, if bond financing planned is approved in August. Posted: 23/06/2021 by Adolfo Pesquera Kerrville (Kerr County) – Kerrville city council voted on Wednesday to make […]

Debt finance

Sidley adds Kirkland Debt Finance duo in New York, California (2)

Sidley Austin is choosing a pair of debt financing partners from Kirkland & Ellis for its global finance group as the company seeks to back its private equity build on both coasts. Nicholas Schwartz will join Sidley’s New York office, which has grown with the recent additions of Ropes & Gray’s private equity partners Anthony […]

Bank loans

Chinese bank lending unexpectedly increases in May, but broader credit growth slows

A Chinese yuan note is seen in this illustrative photo from May 31, 2017. REUTERS/Thomas White/Illustration Join now for FREE unlimited access to Reuters.com Register BEIJING, June 10 (Reuters) – China’s new bank lending unexpectedly rose in May from a month earlier, but overall credit growth continued to slow as the central bank sought to […]

Debt finance

Can the G20 change the global debt financing landscape?

Author: Toshiro Nishizawa, University of Tokyo The G20 recently extended its Debt Service Suspension Initiative (DSSI) for the remainder of 2021, reflecting the severity of the cash shortages facing the world’s poorest countries due to the COVID-19 pandemic. But this is only a temporary measure. A common framework for dealing with debt beyond the DSSI […]

Personal loans

2 big differences between personal loans and payday loans

Image source: Getty Images Payday loans and personal loans are very different financial products. When you need to borrow money, you have several options for taking out a loan. Personal loans can be an affordable option, and it’s often a good idea to take on this type of debt. Payday loans, on the other hand, […]