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UMBRELLA LINE OF CREDIT AGREEMENT
Bank of Baroda settles NMC Health dispute for $600 million; Q1 credit grows 17%Bank of Baroda has settled a significant legal dispute with NMC Health entities for USD 600 million, resolving claims under UAE and UK regu...- Pinarayi Vijayan tears into Adani group over Vizhinjam port share transfer without govt nodKerala's Opposition Leader Pinarayi Vijayan has questioned Adani Group's move to sell a 49% stake in the Vizhinjam port to MSC without stat...
- RBI's concessional swap facility to boost financial institutions' overseas borrowing: S&PThe Reserve Bank of India's new concessional forex swap facility is set to significantly lower borrowing costs for government-owned financi...
- India's lending boom might no longer be largely bank-ledIndia's private credit market is booming, doubling in five years to $25 billion as companies seek alternatives to traditional bank loans fo...
- Paying rent with a credit card: What's the trick that saves you money & mistake that costs you double
- Iran rejects US-led Gulf security summit, says Hormuz is under its commandIran has sharply criticized a US-led security summit in Bahrain, asserting that the Strait of Hormuz falls under Tehran's command, not Amer...
- Mortgage refinance rates today: Check current mortgage interest rates for 30-year, 20-year, 15-year, 10-yearMortgage interest rates today: It averaged 6.49 per cent last week. Spending on multi-family housing units, which account for a small share...
- BPCL agrees to buy Videocon Energy’s stake in BPRL Ventures JVState-owned Bharat Petroleum Corporation Ltd (BPCL) is set to gain full control of its Brazil-based oil and gas joint venture. Through its ...
- AI driving credit risk, may threaten jobs and tax revenues in developed economies: FitchFitch Ratings highlights AI and massive digital infrastructure spending as significant global credit risks. While AI promises efficiency, i...
- RBI flags emerging fault lines in private credit market, calls for close monitoringThe Reserve Bank of India has identified growing concerns within the booming private credit market. The central bank's latest report highli...
- Credit guarantee of Rs 13 lakh cr to micro, small cos in last few yrs; delayed payments under lensThe government has provided substantial credit guarantees, totaling Rs 13 lakh crore, to micro and small enterprises, significantly boostin...
- Haryana, Rajasthan sign pact to implement Yamuna water projectHaryana and Rajasthan have inked a historic pact for the Yamuna Water Project, a move that will finally implement a 1994 water-sharing agre...
- 5 silent reasons banks slash your credit card limit without warning
- India-Seychelles conclude umbrella line of credit agreement worth Rs 1250 croreIndia and Seychelles have solidified their partnership with a Rs. 1250 crore line of credit for development projects and an extradition tre...
- EU defends digital tax approach, says ready to act if Trump takes measures"Any taxes are non-discriminatory by design and apply equally to all large companies, regardless of their origin", a spokesperson said, a...
- India, Seychelles unveil 19 outcomes spanning defence, digital payments, space, healthIndia and Seychelles have inked 19 key agreements, bolstering bilateral ties across defense, maritime security, digital payments, space, an...
- Hezbollah declares Israel-Lebanon framework "null and void", vows to continue resistance until total Israeli withdrawalHezbollah's Sheikh Naim Qassem has vehemently denounced the Lebanese-Israeli framework agreement, calling it a "humiliating surrender" and ...
- India's growth story not recognised by global rating agencies: Piyush GoyalCommerce Minister Piyush Goyal has publicly questioned the fairness of global credit rating agencies like S&P, Moody's, and Fitch, stating ...
- 'Axis Bank's MSME credit could rise by Rs 10,000 cr under ECLGS 5.0'Axis Bank anticipates disbursing over ₹10,000 crore in MSME loans via the Emergency Credit Line Guarantee Scheme 5.0. The bank is also on t...
- RBI says UPI-linked credit lines must follow same rules as traditional loans; Closes regulatory arbitrageThe Reserve Bank of India has mandated uniform prudential treatment for all credit facilities, including those disbursed via UPI. This move...
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