Credit offtake by banks slowly back to double digits after nearly 15 months

 Demand for bank loans is slowly picking up, latest data from the Reserve Bank of India indicated. Annual year-on-year (Y-o-Y) growth rate in credit offtake is slowly inching back to double digit levels after nearly 15 months Total bank credit rose 9.9% to Rs 81 lakh crore in the fortnight ending December 22’17, latest RBI…

8 Lending Terms That Every Entrepreneur Must Know

By Jared Hecht If you’re just beginning your hunt for business financing, you’re likely knee-deep in unfamiliar terms and lending jargon. And it’s enough to make even the most eager entrepreneur feel overwhelmed. Don’t continue your search without reviewing a few of the essential terms you need to know to make an informed decision about financing your…

Switching Aircraft To Be Used As Collateral To Secure Qantas Airline $350M Loan

By: Reuters Qantas Airways is raising A$350 million ($272 million) from a loan that allows it to switch the types of aircraft used as collateral, in what bankers and analysts said is the world’s first aviation financing of this type. The loan is the first of a series under a loan facility programme set up by…

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