Bank loan

World Bank $ 40 million loan for state health sector

SHILLONG, October 1: The World Bank’s Board of Directors approved a $ 40 million project to improve the quality of health services in Meghalaya and strengthen the state’s capacity to manage future health emergencies , including the COVID-19 pandemic.The loan which will be sanctioned by the International Bank for Reconstruction and Development (IBRD) has a […]

Bank loan

HDFC Bank loan restructuring | HDFC Bank 2.0 Loan Restructuring Policy: Check Eligibility, Required Documents, Impact on Credit Score

New Delhi: The Reserve Bank of India’s (RBI) aid measures to borrowers in the form of a three-month loan moratorium program, which has been extended for another three months, ended on August 31, 2020. The RBI has provided a framework for banks and lending institutions to implement resolution plans to deal with the economic fallout […]

Bank loan

HDFC Bank Lending Policy: HDFC Bank Loan Restructuring Policy 2.0: Terms & Conditions, Eligibility, Fees

To help borrowers who are having difficulty repaying their loans, the Reserve Bank of India (RBI) has lent a hand in the form of loan restructuring. In 2020, the RBI announced a loan restructuring program. And then in May 2021, due to the second wave of Covid-19, he announced a second resolution framework for many […]

Bank loan

Bank loan fraud: ED arrests CEO of Mumbai-based agribusiness

The Enforcement Directorate (ED) announced on Monday that it had arrested the managing director of a Mumbai-based agricultural company in connection with a money laundering investigation linked to alleged multi-crore bank fraud. Vinod Chaturvedi, managing director of Usher Agro Limited and other group companies, was arrested on September 17 in a case of “bank loan […]