ACME Solar Shares Hit 10% Upper Circuit as Subsidiary Secures Rs 3,953 Crore Loan
Shares of ACME Solar Holdings Ltd hit a 10% upper circuit on 18 November after the company announced that its subsidiary secured a loan worth...
Tag : Loan
RBI Deputy Governor Alerts Fintech Platform Lenders on Privacy Concerns During Loan Recovery
India’s digital lending infrastructure has enabled the online loan sanctioning process. However, according to news agency ANI, Swaminathan J stated that a physical approach is...
Maha Seamless Hits Record High, Shares Up 5% as Company Prepays Loan to Get Out of Debt
Maharashtra Seamless rose 5% to hit a record high of 495.65 rupees in intraday trade on the BSE on Monday after the company informed the...
DHFL Soared Up From Big Loan Purchases With The Help Of PSU Banks
The public sector Banks have bought out nearly Rs 12,000 crore in loans from stressed non-bank lender Dewan Housing Finance Ltd. since September 2018. The...
BoB inks MoU with ten companies to provide loan of atleast Rs.500 crore
Bank of Baroda (BoB) has signed a memorandum of understanding (MoU) with ten companies, to provide loans to members in their supply chain, like drivers...
HUDCO recovers Rs.317 crore in a loan default case
HUDCO has recovered Rs.317 crore in an old loan default case. The company in a release stated that, an old loan default case of a borrower...
SBI raises interest rates on loans by 10-25 bps
SBI has increased marginal cost-based lending rates (MCLR) by 10-25 basis points across most maturities, with immediate effect. As per a notification on SBI website,...
Yes Bank raised USD 400 mn loans from Japan, Taiwan
Yes Bank has raised USD 400 million in syndicated loans, from lenders in Japan and Taiwan for on-lending to clients. It has used green shoe...
Reliance Capital arm to receive Rs.300 cr loan from IREDA
Reliance Capital arm will be receiving loan assistance from IREDA, to utilize funds for on-lending to renewable energy sector. Reliance Money said in a statement,”Reliance...
Bangladesh signed USD 4.5bn loan deal with India
Bangladesh signed third line of credit (LoC) worth USD 4.5 billion with India for its infrastructure and social sector development. The agreement was signed in...