Tuesday, May 21, 2024

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The Hindu’s deputy editor claims ‘while corporate loans are written off, properties of middle-class defaulters are being auctioned’: Here is what she won’t tell...

In a post on X, Vijaita Singh wrote, "While  corporate loans are written off, homes and land of middle-class people who default on loans are attached and auctioned by banks. List of properties to be auctioned by Canara Bank in Bihar."

Pakistan receives $700 million from International Monetary Fund as part of bailout programme after govt implemented IMF-prescribed measures

Under the bailout deal, the IMF also got Pakistan to raise USD 1.34 billion in new taxation to meet fiscal adjustments

RBI asks Bajaj Finance to stop issuing loans under ‘eCOM’ and ‘Insta EMI Card’ for violation of digital lending guidelines

RBI asks Bajaj Finance to stop sanction and disbursal of loans under its two lending products with immediate effect

Patriotic Pakistanis are hating Saudi Arabia, and they have solutions for all problems: Nukes and opium

Patriots of cash-strapped Pakistan are full of hatred against about Saudi Arabia, for asking a loan payback.

California man Mustafa Qadiri bought luxury cars, lavish vacations with US Govt’s Covid loan for small businesses

California man Mustafa Qadiri was arrested for scheming to defraud the Paycheck Protection Program of the US government.

India takes loans from Asian Infrastructure Investment Bank, leftist media and Rahul Gandhi spin it to claim India borrowed from China amidst LAC standoff

As a 2nd largest share-holder, India has right to take loans from AIIB, and it being Beijing based does not make it a Chinese bank

Central Government appoints Expert Committee to make an overall assessment in relation to waiver of interest on loans

The Expert Committee will be looking into matters including waiver of interest and waiver of interest on interest.

Coronavirus Outbreak: Banks start rolling out EMI moratorium scheme, know the details and impacts

If EMI moratorium is availed, total interest payable on the loan will go up, resulting in an increase in the number of EMIs to be paid

Cash-strapped Maharashtra government gets Rs 500 crore loan from Shirdi Trust

The BJP government had approached the Saibaba Temple Trust of Shirdi, one of the richest temple trusts in India.

Modi presents MSMEs with Diwali Bonanza, loans upto 1 Crore to be approved in just 59 mins

The policy decisions was announced as part of a legion of measures by the Centre to give a boost to the country's second largest employing sector

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