bank loans
- India
Indian banks including SBI review Adani exposure amid US indictment
Hyderabad: India’s largest lender, State Bank of India (SBI) and a host of Indian bankers are reviewing their exposure with the Adani Group to tighten their due diligence after the company’s chairman…
- India
ED arrests Kerala-based man in Qatar bank loan ‘fraud’ case
New Delhi: The Enforcement Directorate Wednesday said it has arrested a Kerala-based man on money laundering charges in a case linked to alleged illegal diversions of loan funds worth more than Rs…
- Telangana
Telangana: Bank officials try to take away teakwood doors to recover loan
Hyderabad: A heated argument broke out between officials of the District Central Cooperative Bank (DCCB) of Adilabad and a borrower who had taken a loan of Rs 3 lakh from the bank.…
- Middle East
Banks in Kuwait to lift ‘loan ban’ on expats after 4-yr hiatus
In a notable shift, major banks in Kuwait are reconsidering their strategies for lending loan to expats after a four-year hiatus due to the COVID-19 pandemic. In this regard, banks have instructed…
- Business
Oyo to refile its IPO papers post-refinancing existing loan
New Delhi: Hospitality major Oyo will refile its initial public offering (IPO) papers with markets regulator Securities and Exchange Board of India (SEBI) after refinancing its existing $450 million Term Loan B…
- Business
Banks must provide simple KFS to borrowers on terms of loans: RBI
Mumbai: The RBI on Monday directed all banks and housing finance companies to provide ‘key fact statements’ (KFS) in simple terms to the prospective borrowers on the loans and interest that they…
- Technology
Chinese scammers exploit Indian loan seekers, launder millions
New Delhi: Cybersecurity researchers have found that Chinese scammers are using illegal instant loan apps to lure thousands of victims in India with false promises of substantial loans and easy repayments, a…
- India
RBI to levy penalties on banks that lose property papers of borrowers
New Delhi: Banks may have to compensate borrowers and also pay a penalty if they lose the original property documents of loan seekers. This could soon become a possibility if the RBI…
- Tollywood News
To make Baahubali, SS Rajamouli took loan of Rs…
Mumbai: The grandeur and success of SS Rajamouli’s Baahubali franchise are well known, but many people are unaware of the massive borrowing that occurred to fund the film’s production. Rana Daggubati, one…
