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Nobel laureate Muhammad Yunus, the founder and former chief of the microfinance bank Grameen Bank, laments that the Bangladesh prime minister was wrong to criticize him. View full post on Banking Stories
Consumer credit advances fell by 7 per cent during March as people remained cautious about taking on more debt, new figures have revealed. Related Stories Bank of England downgrades growth figures Retailers ‘face declining growth’ Financial services complaints soar £2.5bn loans fund for small firms Bank accused over lending targets View full post on All [...]
JAKARTA (IFT) – PT Bank Victoria Tbk (BVIC) will establish a special Small and Medium Enterprises (SMEs) Division that focuses on distributing loans for the segment. View full post on All Stories
Bank of America Merrill Lynch on Thursday said it has cut the price target for motorcycle maker Bajaj Auto to Rs 1,340 from Rs 1,480 on expectations of margin pressures and a sales slowdown in the current fiscal year.It however, maintained its View full post on All Stories
In this world of completion, getting a loan approved is not at all difficult. You can easily find a lender for you who would easily grant you loan. What is more important and difficult work is the repayment of the loan already borrowed. Whenever we go for any cash advance, we are always worried about [...]
India’s largest commercial bank, State Bank of India or SBI reported fourth-quarter and fiscal year net profit and revenues. View full post on All Stories
SBI posted an unexpected sharp plunge in quarterly net profit, lagging estimates, as provisions for bad loans rose and operating expenses rose. View full post on All Stories
clearances in the fiscal. Transactions worth Rs 104.09 crore were carried out in the country during the previous fiscal, as per the latest data from the Reserve Bank. However, the total number of … View full post on All Stories
The Bangladesh government is poised to offer Nobel laureate Professor Muhammad Yunus a respectable position in the bank he founded after a series of global uproars. View full post on Banking Stories
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