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| Kotak Mahindra Bank buys business loans book of Barclays India Reuters Feb 5 (Reuters) - Private sector lender Kotak Mahindra Bank Ltd said on Tuesday it acquired the business loans portfolio of the Indian arm of Barclays Plc. With this acquisition, Kotak will have 6000 customers with total loans outstanding of about 7 ... See all stories on this topic » | ||
| US Banks See Stronger Demand For Loans Fox Business The survey found that "demand for business loans, prime residential mortgages and auto loans had strengthened, on balance, while demand for other types of loans was about unchanged," the central bank said. Among the banks surveyed, nearly 34% said ... See all stories on this topic » | ||
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| Banks ease credit a bit as consumers seek loans USA TODAY Banks are slightly loosening standards for many kinds of loans, and cutting into their own profit margins to try to make more loans, especially to businesses and real estate developers, the Federal Reserve says. The central bank's quarterly survey of ... See all stories on this topic » | ||
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| Banks report stronger loan demand, easier standards: Fed Reuters "Modest fractions of domestic banks reported having eased their standards across major loan categories over the past three months on net," the Fed said. "Domestic respondents indicated that demand for business loans, prime residential mortgages, and ... See all stories on this topic » | ||
| SBA to distribute loans for victims of Sandy Buffalo News Now 102 days after Superstorm Sandy struck the New York City metro area and New Jersey shore, the federal government has approved more than $1.1 billion in disaster loans to 16,800 residents and businesses in areas affected by the storm, the U.S. Small ... See all stories on this topic » | ||
| Business Loans Of £100000 To Be Offered By Huddersfield University And P2P ... Huffington Post UK Businesses across the UK will be given loans of £100,000 by the University of Huddersfield - the first university to offer business loans - through a new partnership with peer-to-peer lender Funding Circle. The arrangement - which is the brainchild of ... See all stories on this topic » | ||
| National Consumer Credit Protection Phase 2 Reforms for Small Business ... Mondaq News Alerts (registration) The small business lending and leasing regime would generally apply to all business loans and leases provided to businesses which have fewer than 20 employees or fewer than 100 employees for manufacturing businesses. The small business lending ... See all stories on this topic » | ||
| Housing Development Finance Corp Cuts Retail Prime Lending Rate Fox Business The move follows the Indian central bank's decision last month to cut its lending rate by a quarter percentage point to 7.75%--the second rate cut in nearly four years--to help revive economic growth. Many state-run as well as private banks have cut ... See all stories on this topic » | ||
| Working capital loans for small businesses in aftermath of Superstorm Sandy MyCentralJersey.com Middlesex County Freeholder Charles E. Tomaro, chair of the county's Business Development and Education Committee, added: "The quick turn-around time and all the other special features of these working capital loans make this program an outstanding ... See all stories on this topic » | ||
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| County residents and businesses qualify for disaster loans Leon County Today County Judge Byron Ryder has received notification that Leon County has been designated as one of the counties eligible to apply for low-interest emergency disaster loans, due to the recent droughts. The U.S. Secretary of Agriculture has notified the ... See all stories on this topic » | ||
| Banks report stronger loan demand, easier credit standards -Fed Reuters WASHINGTON Feb 4 (Reuters) - Banks eased U.S. lending standards somewhat over the last three months and reported stronger demand for business and auto loans and residential mortgages, according to the Federal Reserve's latest quarterly Senior Loan ... See all stories on this topic » | ||
| Fed Says Banks Forecast Improved Lending Outlook for 2013 Bloomberg Demand for business loans, prime residential mortgages, commercial real estate lending and auto loans strengthened, the survey showed. Increasing competition to make loans to businesses has forced banks to lower their standards, according to the survey. See all stories on this topic » | ||
| Ally Financial Swings to Profit On Tax Benefit Fox Business Ally said profit in its auto-finance business increased to $371 million from $285 million. It posted $8.9 billion in U.S. auto-loan originations, down from $9.2 billion, though its leasing volume increased to $2.1 billion from $1.3 billion. Ally has ... See all stories on this topic » | ||
| Sberbank Hikes Consumer Loan Rates The Moscow Times Sberbank has increased its interest rates on consumer loans by between 3 and 5.6 percentage points to 17-25.5 percent per annum, while some banks are considering following suit. "25.5 percent is a high rate for such a major bank," a deputy CEO of ... See all stories on this topic » | ||
| Poor understanding of alternative finance could dampen SME growth Real Business While almost all business leaders are aware of overdrafts, loans and mortgages as ways to fund business growth, there is a serious lack of understanding of alternative forms of borrowing, found new research by Lloyds TSB Commercial Finance. The finance ... See all stories on this topic » | ||
| MASLOC loans are not 'political cake'- B/A Manager GhanaWeb According to him, beneficiaries should consider the fact that interest rate of MASLOC facilities is 2% per month, which is relatively lower than other loan facilities with rates ranging between 4-8%. He advises that it is business-prudent for ... See all stories on this topic » | ||
| Earnings increase at two north state banks Record-Searchlight While demand for loans from qualified borrowers is down from pre-recession levels, Moty said the bank has seen an increase in its business loan portfolio over the last year and a half. Much of the increase is due to the bank's participation in U.S ... See all stories on this topic » | ||
| Alternative Business Finance Provider, capexpand, Launch Responsible ... PR Web (press release) capexpand understand their part in ensuring a professional and transparent business finance industry. The new video is part of a clear commitment to lending to web based business responsibly whilst ensuring rapid decisions and funding, often in a ... See all stories on this topic » | ||
| Huddersfield lends to businesses in scholarships plan Times Higher Education Huddersfield's Business Lending Partnership will see the institution lending an initial £100,000 via Funding Circle, a website which allows investors to lend directly to small businesses. The university hopes to earn enough interest from the loans over ... See all stories on this topic » | ||
| HDFC cuts retail prime lending rate by 10 bps to 16.4% Hindu Business Line Housing finance major, HDFC has reduced its retail prime lending rate (RPLR) by 10 basis points. With effect from February 6, the RPLR will be 16.40 per cent against 16.50 per cent earlier. HDFC gives home loans at a discount, ranging from 6-6.25 ... See all stories on this topic » | ||
| Want to be your own boss? County's low-interest loan program could help Belleville News Democrat County officials hope the money will help current and future business owners in need of a loan to expand or build new infrastructure. Deli Star in Fayetteville took advantage of the low-interest loan program in 2005, and since then has doubled its work ... See all stories on this topic » | ||
| Dell readies $11-12 billion debt financing Fox Business Lead banks Bank of America Merrill Lynch, Barclays, Credit Suisse and RBC Capital Markets are expected to begin reaching out to other lenders to begin syndicating the loans as early as today. The bank loan portion of the financing package will include ... See all stories on this topic » | ||
| BMO Harris Bank Expanding SBA Team MENAFN.COM Kohl will be based in Wisconsin and will focus on buildingthe bank's SBA loan portfolio by working with the small businessbanking and business banking groups to market and facilitate the SBAloan programs. "BMO Harris Bank is committed to helping ... See all stories on this topic » | ||
| Objectors to $8.5 billion pact challenge BofA mortgage modifications Fox Business NEW YORK/CHARLOTTE, N.C (Reuters) - A group of mortgage-backed securities investors says Bank of America Corp failed to buy back more than $30 billion in loans from investors after the bank modified the mortgages to reduce borrower payments. See all stories on this topic » |
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| Chinese State Run Banks Are Lending Money To ... - Business Insider By Joe Weisenthal This is exactly the type of story that makes people deeply suspicious about the sustainability of the Chinese growth model. Dinny McMahon and Colin Murphy at WSJ have a great story about how large corporations, even loss-making ones, ... Business Insider | ||
| Megabanks Boost Business Portfolio—By Changing the Rules ... By camfine How can this be? The Federal Reserve Bank of Dallas recently released the latest in a long series of reports from regulators that have found community banks to be the industry leaders in business lending relative to size. So, what's changed? Finer Points |
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