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The Tribunal held that advances originating from bank cash-credit facilities secured by the shareholder’s personal assets are commercial transactions, not deemed dividend. The addition under section 2 ...

India's non-bank lenders, like Bajaj Finance and IIFL Finance, are slowing MSME loan growth due to rising credit risks and ...

Achieve reports on the differences between secured and unsecured loans, highlighting collateral requirements and determining ...

Effective 1st October, banks can reduce the spread charged on a loan earlier than three years. Customers can benefit faster ...

Hyderabad’s Enforcement Directorate secured a five-year conviction under the PMLA against L. Srinivas Goud for obtaining a ...

The UAE Central Bank has abolished the minimum salary requirement for personal loans, allowing more residents to access ...

Achieve reports that unsecured personal loans, based on creditworthiness, can offer lower rates than credit cards, aiding ...

As India's data centre capacity surges, increasing bank credit highlights the sector's growing demand for substantial capital ...

A new report by the Central Bank of Nigeria (CBN) shows that banks recorded increased default rates on secured loans in the ...

UK-based oil and gas company Zephyr Energy has secured loan refinancing for the Paradox project in the Paradox Basin, Utah, ...

The bank is positioning itself as a core utility for the financially underserved, with its rapid growth validating its ...