Monthly Archives: May 2021

PM Modi 59-minute MSME loan approval: banks disburse 2.15 lakh requests; the amount exceeds Rs 60k crore

Former MSME Minister Nitin Gadkari informed Parliament in March this year that only 343 guarantees amounting to Rs 40.56 crore had been issued as of March 10, 2021, since the launch of the program. (Image: PTI) Credit and financing for MSMEs: The number of loans sanctioned by public and private sector banks and non-bank financial […]

World Bank Rural Development Loan Approval Expected Soon

REUTERS The World Bank is expected to approve a $ 280 million loan from a facility known as Second Supplementary Financing (AF2), which will support agricultural enterprises and rural infrastructure works under the Philippine Rural Development Project (PRDP ), the Ministry of Agriculture (DA) mentioned. Agriculture Secretary William D. Dar said in a statement on […]

What can you do if your mortgage application is rejected

With reduced interest rates and motivated sellers, homeownership has never been more accessible. However, very few of us are able to finance the purchase without the help of a home loan. And while Ooba Home Loans reports that 80.7% of its applicants successfully secured home loan financing in the first quarter of 2021, 15% of […]

Make your personal loan approval easier with the Fullerton app

Due to the unprecedented COVID-19, global economies have been disrupted and families have been financially shattered. In these times, there is no better way to manage your finances than to resort to personal loans. Whatever your need, you can take out a personal loan and take care of your worries. Getting a personal loan has […]

Chances of credit card or loan approval are higher now than around this time last year

Some people may now find it easier to get credit approved than at the start of the first coronavirus foreclosure in March 2020, Experian explains. Analysis by the credit check company found that the number of people who have a high chance of being approved for a credit card is five percent higher than in […]

Overwhelmed by the amount of the home loan? Know some emergency options for paying off EMI home loans

Everyone wants a home. A lot of savings are needed to be able to own a dream home. In addition to savings, people also take out home loans to prepare or buy their dream home. However, if you are taking out loans, you should also note that you also have to pay the home loan […]

Delhi: Man detained for embezzling loan amount of Rs 300 crore | Delhi News

NEW DELHI: A 31-year-old man has been arrested for allegedly embezzling funds amounting to 300 crore rupees in the form of loans and credit facilities from various banks and financial institutions, police said on Friday. Vaibhav Sharma, chief financial officer (CFO) of a Gurugram-based company active in the car dealership, was arrested on Thursday in […]

Home loans: it’s time to renegotiate the terms of your loan

When revalued to 6.75%, the EMI is 88,491 rupees. A monthly saving of Rs 10,000. By Raj Khosla As the second wave of the pandemic hits India, it’s time to review and rebalance your personal finance portfolio. Although different people have different priorities, saving extra money for emergencies is a wise move for everyone. With […]

President Buhari calls for approval of $ 2.18 billion loan from Senate – Nairametrics

President Muhammadu Buhari sent a letter to the Nigerian Senate requesting the sum of $ 2.18 billion in external loan for approval to fund the 2021 Appropriations Act. It was disclosed Tuesday, as Senate Speaker Ahmed Lawan read the presidency’s letter asking for approval. READ: MDAs failed to hand 3 trillion naira to treasury in […]