Sunday, November 17, 2024

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loans

News Reports

Finance ministry issues guidelines for interest waiver scheme during the lockdown period- Read details

OpIndia Staff -
The govt will pay the difference between simple and compound interest from March to August under compound interest waiver scheme
News Reports

Big relief by Modi govt for those who stopped paying EMIs during lockdown, no need to pay extra interest accumulated during this period

OpIndia Staff -
MSME, education, housing, vehicle, personal loans etc upto Rs 2 crore will attract only simple interest during the moratorium period
News Reports

Ankita Lokhande shares house record and bank statements to dismiss reports claiming that Sushant Singh Rajput paid her EMIs

OpIndia Staff -
Ankita Lokhande dismisses claim by ED official that EMI for her flat was paid by Sushant Singh Rajput, shares records as proof
News Reports

After Pakistan threatens to split Saudi Arabia led OIC for not discussing Kashmir, Saudi govt decides not to renew oil supply pact with Pakistan

OpIndia Staff -
Saudi Arabia defers oil supply contact with Pakistan after Imran Khan Govt Threatens to Split OIC over Kashmir
News Reports

Pakistan borrows $1 Billion from its all-weather ally China to repay $1 Billion Saudi Arabia loan to avoid default on international debt obligations

OpIndia Staff -
China tightens its grip over Pakistan, gives $1 billion loan to repay Saudi Arabia's $1 billion loan, grants 90% of $6.8 billion railway project
News Reports

Son of poor teacher in Nepal gets admission at IIM Ahmedabad, Indians come together to help with ‘high fees’

OpIndia Staff -
When twenty-four year old Aashik Jayswal, son of a poor teacher and farmer in Nepal, made it to IIMA, it was like his dream come true.
News Reports

Former RBI governor Urjit Patel blames UPA govt for banking mess, says RBI too fell short on several counts

OpIndia Staff -
The former RBI governor Urjit Patel in his yet-to-be-released book writes that several government banks did not have senior management in place, and governance suffered.
Economy and Finance

Fearing action through Insolvency and Bankruptcy Code, defaulters pay up Rs 1.1 lakh crores

OpIndia Staff -
Finance minister Arun Jaitley called it a success of IBC, as they aimed at recovering 1.8 lakh crore this fiscal year.
News Reports

SEBI orders open offer for Prannoy Roy’s NDTV, says loan from VPCL violated takeover norms

OpIndia Staff -
SEBI observes that the loan to Prannoy and Radhika Roy violated norms.
News Reports

After Nirav Modi scam, Rotomac scandal also finds roots in the Congress government era

OpIndia Staff -
The loans are supposed to have been issued from 2009 to 2013
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