LOAN

Noted art director Nitin Desai has died. He was found dead at his N D Studio in Karjat on Wednesday morning. However, the initial reports suggest that he died by suicide and was said to default on Rs 252 crore loan, said sources. Further details about the cause of death are yet to be shared. The police have registered a case and launched an investigation.

Saumya Tandon has come forward to assist the family of her late co-star Deepesh Bhan from "Bhabi Ji Ghar Par Hai!"Saumya has started an Instagram campaign to help Bhan's family repay a Rs 50 lakh house debt. She took to Instagram to ask her fans and followers to give to the late actor's family. Bhan died while playing cricket on July 23. He allegedly had… read-more

State Bank of India (SBI), being the country's largest money lender has increased its marginal cost of funds based lending rate (MCLR), on April 19. The rate has been increased by 10 basis points (bps), or simply 0.1% across all tenures. Eventually, it is believed that all lenders are likely to follow the revised lending rate, in the days to come. With this, the EMIs will now cost more. 

The Central Government released Rs 2,714 crore, under PM Street Vendor's AtmaNirbhar Nidhi (PM SVANidhi Scheme), on December 20. As per the Ministry of Housing and Urban Affairs, a total of 30.75 lakh beneficiaries were sanctioned loans under the scheme, of which 27.06 lakh people received the benefits. The beneficiaries, who received money, Include 41% of women in India. 

India has inked a ¥232.86 billion loan agreement deal with Japan for important infrastructure projects while separately taking ¥119.9 billion for developing Delhi Metro. Reportedly, around ¥4.02 billion will be spent to procure 15MWh batteries and power system stabilisers to ensuring 100% renewable energy in South Andaman. Besides facilitating crop diversification project in Himachal Pradesh, the 1.15% per annum interest loan with 30+10 year… read-more