You Searched For "government owned lender" and got 20 results
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1 min read
Chinese banks have a lot to lose as Anil Ambani’s RCom assets may be worth a quarter of the loans
Lenders have claimed ₹49,000 crore from RCom, of which nearly a third of the claims are from ban…
2 mins read
Expedite decision on fresh EOIs: NCLT to Jet Airways lenders
Mumbai, Dec 19 () The NCLT on Thursday directed the Committee of Creditors (CoC) of Jet Airways to …
PTI
3 mins read
FTX's Sam Bankman-Fried asked a US judge to drop most of the criminal charges against him. Here's how the disgraced founder is trying to wrangle his way out of his own mess.
"In sum, Mr. Bankman-Fried is here to fight these baseless charges and clear his name," Sam Bankman…
Zahra Tayeb
2 mins read
Dish TV shares hit the 20% upper circuit a week after lenders sell over 5 crore shares in the open market
A month ago, former chairman of Zee Entertainment Enterprises Subhash Chandra revealed that he d…
5 mins read
22 lenders that may help you with auto loan and lease payments in response to COVID-19
You don't want to skip a car payment only to pay more in late fees. You also don't want your car to…
Laura Grace Tarpley
2 mins read
Government is reportedly planning to privatise Indian Overseas Bank and Central Bank of India — stocks jump up to 20%
The news triggered shares of both the banks as they spiked up to 20% in Wednesday’s trade. At …
5 mins read
22 private student loan lenders that may help you with payments during the COVID-19 outbreak
You can apply for forbearance for up to three months through Prodigy Finance, but interest will con…
Laura Grace Tarpley
3 mins read
India’s government is doubling the amount of funds it had planned to infuse into the country’s state-owned banks in the remainder of the year
The government had originally earmarked an infusion of ₹650 billion into state-owned banks this …
3 mins read
A number of unions in India are protesting against the government’s decision to merge three state-owned banks
As a result, banking services at a number of public-sector banks will be affected including AT…
3 mins read
A lender wants the government to do one thing that could really hurt the UK housing market
Stamp duty is a tax placed on buyers when they purchase a property in the UK. It is payable on comp…
Lianna Brinded
2 mins read
A Chinese government-owned company just defaulted on its debt. It's a worrying sign for the country's economy
There's been a spate of defaults for Chinese companies in recent years with state-owned companies a…
Callum Burroughs
3 mins read
Equalisation levy on crypto exchanges in India will not apply to investors, according to the Finance Minister
The controversial Google Tax, which has historically been imposed on foreign companies — like Am…
4 mins read
Indian lenders like SBI, Axis Bank and others need $20 billion in capital— most of it will go into filling up NPA holes
Unwilling to take risks and facing rating downgrades, India’s banks, including the biggest State Ba…
2 mins read
Just a third of the money from the government's massive Payroll Protection Program actually helped keep workers employed, study says
The program was "highly regressive," researchers said. Of the $510 billion in initial PPP loans, $3…
Ben Winck
5 mins read
One in every five rupees lent by SBI to individuals, goes to government employees
That is one in every five rupees lent to individual borrowers goes to people working in the gove…
2 mins read
Manhattan prosecutors investigating Trump for fraud are looking into whether he lied to his own accountants, a new report says
Prosecutors reportedly found that accountants put together financial statements based on the inform…
Sarah Al-Arshani
3 mins read
Biden's big jobs plan will actually hurt low-income and minority Americans' chances of owning a home
The Biden administration should stop building barriers to homeownership and instead support policie…
Jerry Theodorou
2 mins read
After IDBI Bank, LIC now has to bail a huge infrastructure lender out
LIC is the largest shareholder in IL&FS, with a 25.34% stake. It will pump ₹40 billion int…
4 mins read
Fintechs helped Black-owned small businesses get access to PPP loans during the pandemic more than banks did. It's weird.
A working paper finds automation may have helped Black businesses's access to PPP loans, but AI als…
Madison Hoff
2 mins read
India’s largest infrastructure lender is selling its renewable energy assets to avoid defaulting on its debts
The renewable energy assets up for sale include a number of operational and soon-to-be operation…