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…
Loans to bottom of pyramid pick up, but…
MUMBAI: The microfinance sector is slowly returning to normalcy with a spike in fresh disbursements, but repayments remain a concern with delinquencies on the rise, according to a report by credit bureau Crif Highmark. With…
Coronavirus relief bill makes it easier for companies…
The government's stimulus response to the pandemic may accelerate the trend of companies offering student loan assistance as a benefit.Mark Chilton | iStock | Getty ImagesStudent loan assistance, which started as a niche offering by…
Small mom-and-pop businesses that took PPP loans may…
Letizia Le Fur | ONOKY | Getty ImagesWhile the federal Covid relief bill addresses a key concern for small businesses with forgivable loans, these firms could still face a tax hit — this time on…
Small personal loans up 4.5 times in 2…
(This story originally appeared in on Dec 16, 2020)MUMBAI: Small-ticket personal loans, which were the scourge of the crisis in the same segment a decade ago, are back. This time, they are being driven by…
Banks sanction Rs 1.35 lakh cr concessional loans…
NEW DELHI: The Finance Ministry on Thursday said banks have covered 1.5 crore farmers under the Kisan Credit Card (KCC) scheme to sanction credit limit of Rs 1.35 lakh crore to help them meet financial…
New stimulus proposal grants a second round of…
Speaker of the House Nancy Pelosi, D-Calif., speaks during her weekly news conference in the Capitol in Washington on Thursday, Sept. 24, 2020.Caroline Brehman | CQ-Roll Call, Inc. | Getty ImagesAs House Speaker Nancy Pelosi…
SBI launches e-facility for restructuring of retail loans…
Mumbai: The country's largest lender State Bank of India (SBI) on Monday said it has launched a facility on its website to help retail customers check their eligibility for one-time loan restructuring announced by the…
Banks free to restructure loans, but can’t penalise…
New Delhi: Banks are free to restructure loans but they cannot penalise honest borrowers by charging interest on deferred EMI payments under the moratorium scheme during the COVID-19 pandemic, a petitioner opposing the move said…