Personal loans

Kotak Launches Covid-19 Emergency Personal Loans, Healthcare Offerings; Check the amount, term, interest rate and other offer details

Kotak Mahindra Bank Limited (KMBL) announced on Wednesday that it was offering emergency personal loans exclusively for the treatment of Covid-19. The loan covers expenses incurred for the medical treatment of Covid-19 for oneself as well as for family members. Existing and new KMBL customers are eligible to apply for a loan. Under the offer, […]

Bank loans

Bank lending to real estate and construction sectors tops $10 billion

The Cambodian banking sector’s combined exposure to real estate and construction loans amounted to 31% of the sector’s total loan portfolio of $33.9 billion at the end of June, or about $10.5 billion, according to the central bank. Broken down by segment, mortgages, construction and real estate accounted for $4.44 billion (13.1%), $3.22 billion (9.5%) […]

Personal loans

Are personal loans less risky than home equity loans?

Image source: Getty Images You may want to consider borrowing money through a personal loan, even if you own a home. Over the course of your life, you may need to borrow money for a variety of purposes, whether it’s home improvements, repairs or medical bills. Personal loans allow you to borrow money for any […]

Bank loans

TSB standing in potential deal for Ulster Bank loans

Shares of Permanent TSB soared more than 16% today after news broke of a potential deal worth around 7.6 billion euros to buy parts of Ulster Bank’s business here. The lender said it had entered into a non-binding memorandum of understanding with Ulster Bank owner NatWest over a potential acquisition involving certain elements of Ulster […]

Bank loans

Banker convicted of bribery over bank loans to Manafort seeking Trump administration job

By Lauren del Valle A former Chicago bank executive was found guilty on Tuesday of charges alleging that he conspired with former Donald Trump campaign chairman Paul Manafort to swap risky bank loans for a high-ranking job in the presidential administration. Stephen Calk, the former chairman and chief executive of the Federal Savings Bank, was […]

Bank loans

Stephen Calk: Banker convicted of bribery over bank loans to Manafort seeking Trump administration job

Stephen Calk, the former chairman and chief executive of the Federal Savings Bank, was convicted of one count of bribery at a financial institution and one count of conspiracy to commit bribery at a financial institution. The charges carry a maximum of 30 and 5 years in prison, respectively. Calk was ultimately never offered or […]

Bank loans

Bank loan collection efficiency improves in June

Chennai: Banks saw improvement in loan collection efficiency in June after states eased several lockdowns as second wave of Covid recedes. For Equitas Small Finance Bank, the efficiency of collection of auto loans fell to 89.3% in June, against 67.35% in May. While for microfinance lending it fell to 66.9% from 63.6% and for small […]

Bank loans

Bank loans of Rs 750 crore to sugar mill linked to Maharashtra MP CM Ajit Pawar under ED lens | Bombay News

MUMBAI: Loans amounting to Rs 750 crore provided by four cooperative banks to a sugar factory leased by a company linked to Deputy Chief Minister Ajit Pawar and his wife, Sunetra, have gone under the scanner of the Directorate of l application while investigating a money laundering case. The ED issued notices to the four […]

Bank loans

China June New bank loans and credit growth rise above expectations | Investment News

BEIJING (Reuters) – China’s new bank lending rose more than expected in June from a month earlier, while general credit growth also accelerated markedly as the central bank sought to support slowing growth. of the world’s second largest economy. Chinese banks extended 2.12 trillion yuan ($327 billion) in new yuan loans in June, up from […]

Bank loans

Andhra Pradesh government could facilitate bank loans to beneficiaries in Jagananna settlements | Vijayawada News

AMARAVATI: In order to give a new impetus to the construction of houses in the settlements of YSR Jagananna, the state plans to use banks to provide loans to the beneficiaries. The government plans to offer a subsidy on the interest rate to be charged by banks to ensure that loans are given at an […]

Bank loans

Yes Bank’s loans and advances contract in the first quarter due to the impact of Covid-19

Private lender Yes Bank’s loans and advances declined in the first quarter of FY22 on a year-over-year and sequential basis, reflecting the economic and business impact of the coronavirus (Covid-19) pandemic. Sequentially, the loan portfolio contracted by 1.8% to Rs 1,63,914 crore at the end of June 2021 from Rs 1,66,893 crore […]

Bank loans

Yes, Bank loans and advances decrease slightly to Rs 1.63 trillion by the end of June

Yes Bank’s loans and advances fell by 0.4% to Rs 1.63 lakh crore at the end of June 30, 2021, according to bank data released on Monday. Loans and advances stood at Rs 1,63,914 crore as of June 30, 2021, from Rs 1,64,510 crore a year ago, registering a marginal decline of […]

Bank loans

HDFC Bank loans surge over 14% to Rs 11.47 lakh crore in June

HDFC Bank on Monday reported a growth of 14.4% in advances to over Rs 11.47 lakh crore as of June 30 this year. “Advances from the bank amounted to approximately Rs 11.475 billion as of June 30, 2021, a growth of approximately 14.4% from Rs 10.033 billion as of June 30, 2020 and a growth […]