Sunday, 23 January, 2022
TopicLoan

Topic: Loan

A loan to repay a loan? PaySense is the best guide to show how to do it right

Keeping track of multiple EMI dates every month can be a bother. There is a simple solution: debt consolidation using a personal loan.

Asian Development Bank, China’s AIIB processing $2 billion loan for India to buy Covid vaccines

Of the $2 billion loan, the Manila-based ADB is expected to finance $1.5 billion and China's AIIB is considering providing $500 million.

Chinese national, head of ‘unauthorised’ instant loan apps, arrested at Delhi airport

The Cyber Crime Police Station is probing as many as 27 cases of loans by alleged unauthorised loan apps and harassment of the borrowers by the companies.

Citigroup accidentally wired $900 million to Revlon lenders, now it’s fighting to get it back

The payment was made due to a clerical error. Meanwhile, cosmetics giant Revlon Inc. is embroiled in a legal dispute with some of its lenders over the company’s debt-restructuring tactics.

Bond bonanza to help India battle world’s worst bad loan ratio

The benchmark 10-year sovereign bond yield dropped about 50 bps in July. Each basis point fall in the yield adds Rs 350 crore to banks’ treasury gains.

On Camera

YourTurn

Demonstrators attempt to enter the US Capitol building during a protest in Washington, D.C., U.S., on 6 January 2021 | Eric Lee | Bloomberg

Texas attack shows a long, violent struggle for America’s soul is inevitable

The shock of Covid 19—both economic and cultural—has strengthened the maniacal conspiracy culture with which the American Right is suffused.
A visual representation of the digital Cryptocurrency, Bitcoin alongside US dollars | Photo: Dan Kitwood | Getty Images via Bloomberg

Joe Biden administration set to put itself at centre of US cryptocurrency policy

An executive order is being drafted which will soon set in place a govt strategy empowering US federal agencies to assess risks and opportunities posed by the digital assets.

Defence

Chinese army has found missing 17-year-old boy from Arunachal, Defence Ministry PRO says

Indian Army had sought assistance from China's People Liberation Army to locate and return Miram Taron, who had gone missing on 18 January and was reportedly captured by PLA.

Modi vs non-BJP CMs: When most popular isn’t all-powerful & why Centre-state ties will worsen

Modi’s inability to win many states, and the huge popularity his rivals enjoy there, is pushing Indian politics in a more robustly federal direction.
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