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Latest Loan/Mortgage News

Government uses banks as weapon to violate states space: Ex-RBI Governor YV Reddy
Reddy said he was an unwilling party to the biggest farm loan waiver in the country. He was referring to the loan waiver by the UPA government in 2008 when he was the RBI Governor. He believes that farm loan waiver by the Centre is a bigger evil than
Updated: 10/07/2018 03:39A

Mall death risky fund for traders
For traders betting on the death of Americas malls, being right and making money are proving to be two different things. Reminiscent of Michael Burry of The Big Short fame, these hedge funds have piled into a trade that could reap huge profits if
Updated: 10/07/2018 03:02A

Possession of Sanghavi Exports office to recover Rs 468 crore loan dues
SURAT: Office of the city-based Sanghavi Exports International Private limited, a leading diamond manufacturing company at Mumbais Bharat Diamond Bourse (BDB), was seized by a consortium of banks led by Bank of India (BOI) for defaulting on Rs468 ...
Updated: 10/06/2018 06:32P

Italy works on extending Alitalia loan deadline: source
ROME (Reuters) - Italy is working on an extension of as much as six months to a Dec. 15 deadline for Alitalia to repay a 900 million euro ($1 billion) loan meant to keep the airline afloat while it searches for a buyer, a government source said on
Updated: 10/06/2018 11:16A

Commercial bank of Ethiopia woos diaspora with mortgage loans
“He added that the mortgage loan would benefit non-resident Ethiopians and foreign nationals of Ethiopian origin. Credit Quality Assurance Director, W/ro Emebet Melese explained to the diaspora how the loan could be facilitated. “Business Development ...
Updated: 10/06/2018 08:01A

DeVos Misses Rulemaking Deadline; Teachers Sue Loan Servicer; Detroit Students Strike
Youre reading NPRs weekly roundup of education news. Report: Most schools now have high-speed internet access. 40.7 million students have gained access to high-speed Internet over the last five years. Thats according to EducationSuperHighway, ...
Updated: 10/06/2018 07:00A

Youngsters off: We expect Aston Villa to loan out these players in January
Aston Villa fans may be coming down with a sense of optimism after Steve Bruce was given his marching orders after Tuesday nights 3-3 draw with Preston North End. They can now begin to look to the future and get completely behind whoever may come in ...
Updated: 10/06/2018 06:46A

IDB eyes Barbados for $100 million first-ever loan
The SDL loan to Barbados would cover two per cent of the gross domestic product (GDP) and is geared for budget support, financing of the fiscal deficit, settling the accumulation of arrears and building foreign reserves. “I think [this] will give all
Updated: 10/06/2018 12:10A

Running on loan, Kerala Cricket Association to knock CoA door for help
This is the second time since BCCI funds stopped that the KCA has taken such an amount on loan. It is not the only state to have taken this path. Last year, the Assam Cricket Association had taken a bank loan of Rs 6 crore to complete its new stadium.
Updated: 10/05/2018 09:21P

Tough getting loan to start a business
To his dismay, and my surprise, all banks, including those providing SME loans, would not lend because the business has not started. No track record, was their response. In the first place, how do you start a business if you have no working capital?
Updated: 10/05/2018 08:58P

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