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…
Will look at loan restructuring after end of…
State Bank of India (SBI) will consider loan restructuring for eligible borrowers after the end of moratorium period which draws to a close on August 31, according to its Managing Director Dinesh Khara. "Restructuring of…
Digital loan start-up Blend jumps to $1.7 billion…
Nima Ghamsari, co-founder and chief executive officer of Blend, speaks during the Sooner Than You Think conference in Brooklyn, New York, Oct. 16, 2018.Alex Flynn | Bloomberg | Getty ImagesDigital lending start-up Blend raised $ 75…
Rate cut cycle seems to be over, loan…
A huge number of companies could apply for loan restructuring and then we could see a rerun of the cycle of 2011-13 and those kind of debt issues, says the analyst, asksandipsabharwal.comSome attempts to boost…
These business owners got a PPP loan. It…
Robert Miller, a Pittsburgh area restaurateur, has watched with sadness as some of his favorite local eateries closed for good in recent weeks.Union Standard, Pizza Taglio, Spoon — just a handful of the businesses lost in…
What you need to know before taking out…
Interest rates are at record lows. This may make the idea of borrowing money more appealing to the millions of Americans who lost their jobs or were furloughed because of the coronavirus shutdown. Two common assets…
No relief for Mudra Shishu loan borrowers during…
KOLKATA:Mudra Shishu loan borrowers opting for moratorium on their existing debts would not get the 2% interest subvention under the Centre’s Covid-19 relief package before the expiry of the repayment holiday, the finance ministry said.…
Nearly 15 per cent of State Bank of…
Kolkata: About 15 percent of State Bank of India's Mudra loan portfolio has turned bad, in sync with the concerns raised by Reserve Bank of India over the growing stress on the government's loan scheme…
A niche Indian loan market hasn’t been this…
By Anurag JoshiLending by Indian banks is drying up in a niche market that is important for lower-rated companies. There has been only one deal in the rupee syndicated market since April 1, of about…