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Deposit rates raised by public sector banks higher than private peers | Banking

Deposit rates raised by public sector banks higher than private peers | Banking

[ad_1] 1 min read Last Updated : Apr 16 2024 | 12:11 AM IST The pass-through to weighted average lending rates (WALRs) on fresh rupee loans between May 2022 and January 2024 was higher for public sector banks (PSBs) compared to private banks (PVBs). The transmission to WALRs on outstanding rupee loans was higher … Read more

L&T Fin to borrow USD 125 mn from JICA for on-lending to women, others | Company News

Business Standard

[ad_1] JICA said poverty alleviation is a “pressing issue” as about 90 per cent of India’s “impoverished population” resides in rural areas and the income growth rates are decreasing (Photo: Pexels) L&T Finance Holdings on Tuesday said it will borrow $125 million (about Rs 1,038 crore) from the Japan International Cooperation Agency for on-lending … Read more

Overseas loans’ share in total Adani group debt portfolio declines | Company News

Business Standard

[ad_1] Premium Adani Group (Photo: Bloomberg) The share of foreign loans in total Adani group debt portfolio dropped to 61 per cent by September 2023 from 63 per cent as of March 2023, as the group repaid part of its foreign loans and refinanced part of older loans.   The share of Indian … Read more

Biden administration cancels student loans of more than 150,000 borrowers under new plan

Biden administration cancels student loans of more than 150,000 borrowers under new plan

[ad_1] WASHINGTON — The Biden administration on Wednesday is canceling $1.2 billion in student debt for about 153,000 borrowers who took out relatively modest student loans and have been repaying it for the last decade or more. A borrower can qualify for the forgiveness if they’re enrolled in the administration’s Saving on a Valuable Education … Read more

President Biden cancels another $1.2 billion in student loans

President Biden cancels another $1.2 billion in student loans

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