Posted January 31, 2022 The Cocoa and Plantain Farmers Association of Nigeria said it secured a N2.5 billion loan for its members from a commercial bank to support their farming ventures. The national chairman of the association, Mr. Ayodele Ojo revealed this while celebrating the group’s second anniversary in Akure, the capital of Ondo State, […]
The South African government is in talks with the World Bank to secure additional funding, according to people familiar with the talks. The state is seeking at least $800 million as it considers ways to fund the likely extension of a Covid-19 relief grant set to expire in March, said the people who asked not […]
The South African government is in talks with the World Bank to secure additional funding, according to people familiar with the talks. The state is seeking at least $800m (~R12.5bn) as it considers ways to fund the likely extension of a Covid-19 relief grant due to expire in March, officials said. people who asked not […]
A felon with 49 offenses on his rap sheet was given a £50,000 Covid rebound loan and blew the lot on Class A drugs Louis Maxwell, 35, claimed under Rishi Sunak’s Bounce Back Loan scheme Serial con artist Maxwell has spent less than half the money – £22,000 – on a new lorry Maxwell, from […]
The Economic Offenses Wing (EOW) of the state’s crime branch has arrested two officers of a nationalized bank in addition to a middleman for carrying out loan fraud of Rs 3.68 crore. The defendants – former managing director Birendra Kumar Pattanayak and field officer Narendra Nayak of the Bapuji Nagar branch of the National Bank […]
The security situation in the occupied West Bank is “close to boiling point” due to the “weakness of the Palestinian Authority”, Israel’s Institute for National Security Studies (INSS) said in a statement. report released on Monday. This weakness, he added, stems from the “united opposition” of factions, as well as “street gangs”. According to the […]
PODGORICA (Montenegro), Jan 24 (SeeNews) – Montenegro has repaid the second installment of a loan granted by Chinese bank Exim for the construction of the Bar-Boljare highway, the country’s finance ministry has announced. The government paid 28.96 million euros ($32.8 million) of the second tranche of the loan, realizing savings worth 5.15 million euros, due […]
KOLKATA: The World Bank has approved a $125 million (about Rs 1,000 crore) loan to Bengal to expand coverage of about 400 state-run social schemes, especially direct cash transfers targeted at vulnerable sections , over the next four years. The Bank said a recent survey found that while food and in-kind transfers reached most poor […]
Kolkata: The World Bank has approved a $125 million (about Rs 1,000 crore) loan to Bengal to expand coverage of about 400 state-run social schemes, especially direct cash transfers to sections vulnerable over the next four years.The Bank said a recent survey found that while food and in-kind transfers reached most poor and vulnerable households […]
Kolkata: The World Bank has approved a $125m (about Rs 1,000 crore) loan to the government of West Bengal for inclusive social protection in what appears to be a major acknowledgment of Chief Minister Mamata Banerjee’s social pension schemes for groups vulnerable in society. On Saturday, the state government said: “The foresight of the Honorable […]
Here is your daily news update. Click on the links below for the full story or visit our homepage for the latest news. Daily News January 22 Mafe was inside Parliament for more than a day – report Parliament arson accused Zandile Mafe is said to have spent at least 30 hours inside the parliament […]
(Add details) CAPE TOWN, Jan 21 (Reuters) – The World Bank has approved a $750 million loan to South Africa related to COVID-19, aimed at helping protect the poor and support economic recovery from the pandemic, the National Treasury announced on Friday. The continent’s second-largest economy, South Africa has been hit hard by four waves […]
Marie Françoise Marie-Nelly, the World Bank’s director for South Africa, said the loan would relieve “the effects of the most severe economic crisis that South Africa has experienced in the past 90 years, while tackling long-standing challenges to growth and development”. Image: Provided The World Bank announced Friday morning that it had approved South Africa’s […]
People currently receiving Universal Credit and State Pension are warned of new payment bans introduced by some banks. Some lenders are refusing to give mortgages to benefit recipients because they won’t allow them to use their Universal Credit or state pension money, Manchester Evening News reports. This means they face limited choice and may find […]
Bombay : Bounce rates or defaults on equivalent monthly payments have not deteriorated so far in January as most borrowers are paying their dues on time, banks and nonbank lenders said. The trend indicates that borrower incomes have been isolated so far from the third wave of the pandemic, unlike what was seen in the […]
WINSTED — Business owners can now apply for Connecticut Green Bank loans, offered through the Commercial Property Assessed Clean Energy program, or C-Pace. City Manager Josh Kelly on Tuesday asked the Board of Selectmen to approve participation in the fundraising effort to give local retail, industrial and manufacturing businesses the opportunity to apply. Money from […]
The promoter and managing director of a Hyderabad-based company has been arrested under the anti-money laundering law in connection with a bank loan fraud of Rs 402 crore, where a consortium of public sector banks allegedly been cheated, the Enforcement Branch (ED) said Tuesday. Avasarala Venkateswara Rao of Servomax India Private Limited (SIPL) was arrested […]
The promoter and managing director of a Hyderabad-based company has been arrested under the anti-money laundering law in connection with a bank loan fraud of Rs 402 crore, where a consortium of public sector banks allegedly been cheated, the Enforcement Branch (ED) said Tuesday. Avasarala Venkateswara Rao of Servomax India Private Limited […]
SHELTON — The city is saving significant money by using banks rather than getting sureties to take out short-term loans, city officials say. The Board of Aldermen, at its meeting last month, voted to approve borrowing just over $5 million from Newtown Savings Bank at a rate of 0.55% for a 5-year term. . According […]
Saturday January 15, 2022 2:00 p.m. The government is reportedly considering plans to smooth an expected rise in energy bill costs this year. The government is said to have considered proposals for bank loans to smooth out a rise in the cost of energy bills expected this year. The latest projections suggest households could face […]
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Flames rise from a domestic gas ring of a furnace in Durham, Britain September 23, 2021. REUTERS/Lee Smith Join now for FREE unlimited access to Reuters.com Register LONDON, Jan 15 (Reuters) – The British government is considering plans to mitigate the sharp rise in energy costs that are expected to hit households in April, the […]
First published on Through Wyatt Ryder Other stories emerged detailing the effects of tough new loan changes, including a woman who was asked about her social life, work and spending down to the dollar. Loan applicant: “Every transaction has been analyzed and questioned.” Photo: 123RF Changes to the law on credit agreements and consumer credit […]
Other stories emerged detailing the effects of tough new loan changes, including a woman who was asked about her social life, work and spending down to the dollar. Changes to the law on credit agreements and consumer credit came into force in early December, requiring banks to analyze the spending habits of applicants before approving […]
“Prevent unauthorized transactions in your demat/trading account Update your mobile number/email id with your stockbroker/custodian participant. Receive information about your trades directly from Exchanges on your mobile/email at the end of the day and alerts on your registered mobile for all debits and other important transactions on your demat account directly from NSDL/CDSL on the […]
BOSTON – Three men were charged yesterday and have agreed to plead guilty in a scheme to defraud a Massachusetts-based bank and the U.S. Small Business Administration (SBA). Ted Capodilupo, 56, of South Easton; Joseph Masci, 70, of Boston; and Brian Ferris, 43, of Braintree, were each charged with one count of conspiracy to commit […]
Consumer group Which? discovered flaws in online banking security systems that could expose customers to fraud, with some banks not using the latest protections for their websites and allowing users to set insecure passwords. With internet banking fraud cases up 97% in the first half of 2021, the consumer champion fears that too many banks […]
When is the best time to apply for a bank loan for the purchase of a car? Here are some tips you should keep in mind. Should you take out a bank loan to buy a car? There are many sides to this question and many opinions. Ultimately, however, the decision is up to you, […]
The state’s competition authority should force Permanent TSB (PTSB) to stop charging different interest rates for new and existing mortgage customers and imposing higher costs on top-up loans, before it agrees. allow the bank’s planned purchase of a large part of Ulster Bank’s loan portfolio, according to a leading consumer advocate. Brendan Burgess, founder of […]
Yahoo Finance’s Jared Blikre discusses insurance, banking and Berkshire-related stocks hitting record highs today as homebuilder stocks tumble and bitcoin extends losses. Video transcript KARINA MITCHELL: Now we’re going to talk about what moves the markets, and we’ll bring our Jared Blikre in with more on that, starting with insurance stocks and banking stocks and […]
The Black Sea Trade and Development Bank (BSTDB) is providing a loan of up to €90.5 million to Energean Oil and Gas, the Greek oil and gas producer said on January 4. According to Energean, the proceeds will finance Energean’s capital plans – including the development of the Epsilon and Prinos fields – and will […]
Wells Fargo Personal Bank Loan Rating: Low Rates and Large Funding to Own Current Subscribers See Unsecured Loan Rate To gain current Wells Fargo customers, the loan company provides itself with unsecured and secured personal loans and personal lines of credit. I consider Wells Fargo to be a great pick for today’s people with the […]
The CBI has registered separate bank fraud cases against two private companies involving loans of over ₹900 crore. In the first instance, the agency hired LEEL Electricals Limited and its directors for allegedly causing a loss of ₹307.10 crore to the SBI. The loan account was declared NPA in March 2019 and reported as fraud […]
The loan portfolio of the country’s largest private lender, HDFC Bank, increased by 16.4% year-on-year (YOY) to Rs 12.6 trillion as of December 31, 2021 (Q3FY22) from 10, 82 trillion rupees a year ago. Sequentially, its advances increased by 5.1% from 11.98 billion rupees in September 2020 (Q2FY22). Commercial banks in India, […]
The Law Enforcement (ED) Directorate said on Monday that it had seized assets worth more than Rs 26 crore from a Vodadara-based company in a money laundering investigation linked to an alleged bank loan fraud of around Rs 2,654 crore. The properties provisionally seized under the Prevention of Money Laundering Act (PMLA) belong to Diamond […]
As a youngster who moved to Delhi from a small town, Vaasu always wanted to drive his own car. It has now been five years since he started working in Delhi. Promotional campaigns for cars always catch his eye and he thinks he should buy one soon. He receives Rs 50,000 as net salary after […]
“Prevent unauthorized transactions in your demat / trading account Update your mobile phone number / e-mail id with your stockbroker / depositary participant. Receive information about your transactions directly from the exchanges on your mobile / End-of-day email and alerts on your registered mobile for all debits and other important transactions to your demat account […]
HYDERABAD: The Central Bureau of Investigation has taken action against Hyderabad-based Vijaya Aero Blocks Private Limited in connection with a 44.60 crore loan fraud. The company, which manufactures cement bricks, had taken out loans from the Bank of Baroda but failed to repay them. The CBI named promoters – Narra Kumar Prasanna, Chigurupati Ram Prasad, […]