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Budget 2024 expectations: From removal of security transaction tax to sovereign green bonds
The FY 2025 budget is around the corner and it is expected that Finance Minister Nirmala Sitharaman…
Centralised portal to search unclaimed deposits, UPI for credit lines and other key RBI announcements
UPI network to facilitate payments financed by credit from banks, reducing the cost of such offerin…
The same day SBF promised his hedge fund wasn't getting special treatment, FTX gave it an unlimited line of credit which other customers didn't get
FTX cofounder Gary Wang testified Friday that Sam Bankman-Fried knew Alameda's line of credit on th…
Katie Balevic
Centre launches ₹20,000 crore subordinate debt scheme for stressed MSMEs
"Govt has given yet another facility for financially stressed MSMEs. The sub-debt scheme has…
I used my credit card to pay for fertility treatments. It took years to pay the debt off, but I don't regret it.
I struggled to get pregnant but couldn't afford fertility treatments. I got a second job to pay for…
Nina McCollum
Ahead of Nirmala Sitharaman’s press conference, reports say there is a Diwali stimulus package coming
The report suggests that the package size could be much smaller than the last stimulus package o…
Pvt banks to catch up soon on credit guarantee scheme for MSMEs: Kotak
"Three-four weeks from now, the MSME sector will be surprised at how both the private and the publ…
PTI
America's $1 trillion credit card bill really isn't as bad as it seems
US consumers have accumulated $1 trillion of credit card debt. That sounds like a lot, but it's not…
Jennifer Sor
SBI disburses Rs 8,700 cr to MSMEs under emergency credit guarantee scheme
"MSMEs formed a very crucial part of the announcements made under the 'Atmanirbhar Bharat Abhiyan'…
PTI
SOLV launches COVID-19 emergency credit line scheme for MSMEs
Using technology and an extensive partner network, the emergency credit line is set to rapidly add…
PTI
Joe Manchin said no and sided with Republicans to tank Biden's $2 trillion bill. Democrats say they're 'over the initial shock' and overhauling it — with no guarantee of winning his vote.
A top Senate Democrat told Insider he would tweak the child tax credit to try to get Manchin's vote…
Joseph Zeballos-Roig
Banks disburse over Rs 50,000 cr loans to MSMEs under credit guarantee scheme
Under the scheme, 100 per cent guarantee coverage will be provided by National Credit Guarantee Tr…
PTI
Banks sanction over Rs 75,000-cr loans to MSMEs under credit guarantee scheme
The main objective of the scheme is to provide an incentive to member lending institutions to incre…
PTI
FM Nirmala Sitharaman likely to meet PSU banks heads on Saturday
Finance minister Niramala Sitharaman is scheduled to meet managing directors of public sector banks…
PTI
Cruise lines may overbook more sailings as demand heats up — here's what happens when your trip is oversold
Oversold cruises are rare. But when it happens, it could become a traveler's worst and costly logis…
Brittany Chang
Banks sanctions about Rs 1.20 lakh crore loans to MSMEs under credit guarantee scheme
Under the scheme, 100 per cent guarantee coverage will be provided by the National Credit Guarante…
PTI
Banks sanction about Rs 1.14 lakh crore loans to MSMEs under credit guarantee scheme
Under the scheme, 100 per cent guarantee coverage will be provided by the National Credit Guarante…
PTI
Banks sanctions about Rs 1.14 lakh crore loans to MSMEs under credit guarantee scheme
Under the scheme, 100 per cent guarantee coverage will be provided by the National Credit Guarante…
PTI
Bank of Baroda to offer up to Rs 12k cr loans to MSMEs under credit guarantee scheme
"In our case, that particular portfolio amounts to be Rs 58,000 crore. So, 20 per cent of that wou…
PTI
Banks sanction over Rs 1 lakh cr loans to 30 lakh MSMEs under credit guarantee scheme
The main objective of the scheme is to provide an incentive to member lending institutions to incre…