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…
Indian banks’ loans rose 6.6% y/y in two…
Indian banks' loans rose 6.6% in the two weeks to Feb. 26 from a year earlier, while deposits rose 12.1%, the Reserve Bank of India's weekly statistical supplement showed on Friday. Outstanding loans rose 712.73…
Fraudulent loans cannot be sold to bad bank:…
(This story originally appeared in on Mar 08, 2021)MUMBAI: The RBI has said that loans classified as fraud should not be sold to the proposed national asset reconstruction company (NARC) to be set up by…
Self-employed and gig workers can now apply for…
JGI/Tom Grill | Tetra images | Getty ImagesSelf-employed and gig workers who have been waiting for new rules that would mean larger forgivable loans through the Paycheck Protection Program can now move forward with their…
New rules for self-employed and gig workers applying…
chee gin tan | E+ | Getty ImagesThe Small Business Administration on Wednesday released a new application and loan calculation formula for Paycheck Protection Program loans for self-employed and gig workers.For these small businesses, it…
These strategies can help the owners of the…
10'000 Hours | DigitalVision | Getty ImagesThere is just over a week left of priority access to the Paycheck Protection Program's forgivable loans for the owners of the nation's smallest businesses.Last Wednesday, the Small Business…
Self-employed and gig workers could get bigger loans…
MoMo Productions | Getty ImagesMillions of self-employed and gig workers got good news this week.The Biden administration on Monday changed how the Small Business Administration's Paycheck Protection Program calculates forgivable loans for the smallest firms…
RBI puts Rs 1,000 withdrawal cap on Deccan…
The Reserve Bank on Friday said it has barred Karnataka-based Deccan Urban Co-operative Bank Ltd from granting fresh loans or accepting deposits and customers cannot withdraw more than Rs 1,000 from their savings account for…
HDFC Bank beats SBI in Covid-19 scheme loans
(This story originally appeared in on Feb 10, 2021)HDFC Bank has outdone (SBI) in disbursements under the Emergency Credit Line Guarantee Scheme (ECLGS) introduced by the government as a part of the Covid relief package.…