Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
HDFC cuts home loan interest rate by 5…
The Housing Development Finance Corporation, or HDFC, announced on Wednesday that it has cut its Retail Prime Lending Rate (RPLR) on home loans by 5 basis points. In a filing with stock exchanges, HDFC stated,…
Kotak Mahindra Bank cuts home loan rates to…
on Monday announced a 0.10 percentage point cut in its home loan rates for a limited period, claiming its offering to be the lowest in the market. Customers will be able to avail home loans…
Covid relief bill may trigger $36 billion cut…
Bill Clark | CQ-Roll Call, Inc. | Getty ImagesA Covid relief bill backed by Democrats could trigger billions of dollars in cuts to Medicare and other federal programs, like ones that support unemployed workers and…
PNB Housing Finance plans tie-ups with banks for…
New Delhi: is looking at forging tie-ups with some banks for co-lending in the housing loan sector and is hopeful that these partnerships will be win-win for consumers, banks and NBFCs, a top official has…
Small businesses can get a second PPP but…
Jovita Carranza, administrator of the U.S. Small Business Administration, testifies at a Senate Small Business and Entrepreneurship Committee hearing on June 10, 2020 in Washington.Al Drago-Pool/Getty Images)Small businesses that took a hit from the coronavirus…
These entrepreneurs want a second PPP loan. What…
Andrea Herrera, president of Amazing Edibles Gourmet Catering and founder of BoxperienceAngela GarbotFor Andrea Herrera, founder of Amazing Edibles Catering in Chicago, the pandemic has tested her ability to adapt on the fly amid falling…
Debt trap: Inside the world of shady digital…
Last August, Anitha (name changed to protect identity) needed some money urgently. The lockdown was a challenging period for the Hyderabad-based media professional, especially on the financial front. Even as she approached formal lenders for…
NBFCs may have lower bad loan ratios than…
Kolkata: Non-banking finance companies (NBFCs) appear to be better placed in terms of asset quality when compared to banks with their aggregate bad loan ratio being projected to rise to 8.4% even under extreme stress.…