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

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 ...

In the 2008 crash, unregulated financial institutions—structured investment vehicles, asset-backed commercial paper issuers, ...

The Federal Government, yesterday, secured a fresh $500 million loan from the African Development Bank (AfDB) Group after ...

The Court dismissed the petition after holding that statutory remedies under Section 17 of the SARFAESI Act must be exhausted first. It allowed the petitioners to approach the DRT for their ...

Banks offer many types of loans, from home loans to car loans, to help people meet their financial goals. Among these, ...

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

The Nampally court in Hyderabad, on November 24, 2025, found L. Srinivas Goud guilty under the Prevention of Money Laundering Act (PMLA), 2002, and sentenced him to five years of rigorous imprisonment ...

Philippine Veterans Bank has secured the clearance of antitrust watchdog Philippine Competition Commission (PCC) to acquire a ...

Utkarsh SFB is aiming for nearly 25 per cent credit growth over the next two to three years, with secured products forming ...

The Scottish National Investment Bank is providing a multi-million-pound loan for new homes amid the housing emergency.

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