International Lenders
- All
- News
- Videos
-
Pakistan Facing "Exceptionally High" Economic Risks, Says IMF
Beyond the upcoming election cycle and the current standby agreement, Pakistan needs another International Monetary Fund (IMF) program and assistance from other multilateral lenders, the lender stated in a report released on Tuesday.
-
IMF Approves $3 Billion Bailout For Pakistan
The International Monetary Fund's board approved a $3 billion bailout programme for Pakistan on Wednesday, the lender said, which will immediately disburse about $1.2 billion to help the South Asian country.
-
Pakistan PM Hopeful For $3 Billion Bailout Approval From IMF
Pakistan's Prime Minister Shehbaz Sharif said on Wednesday he was hopeful that $3 billion short-term bailout from the International Monetary Fund would be approved by the multilateral lender's board when it meets on July 12.
-
Sri Lanka Must Achieve Debt Restructuring By September: IMF
The International Monetary Fund on Tuesday reaffirmed that Sri Lanka must achieve its debt restructuring process by September, which is also the time for the global lender's formal review of the bailout facility it extended to the nation.
-
Top American Banks Exceed Earnings Expectations On Higher Interest Rates
Top American banks delivered healthy quarterly profit gains on Friday, beating analyst forecasts as the sector's biggest names emerged unscathed from the turmoil hitting smaller lenders, Asia Nikkei reported.
-
Banks Must Hear Borrowers Before Classifying Accounts As Fraud: Supreme Court
The Supreme Court rejected the State Bank of India's appeal and ruled that it is reasonably practicable for the lender banks to provide an opportunity for a hearing to the borrowers before classifying their accounts as fraud.
-
Yes Bank Stock Rises Marginally As SBI's 3-Year Lock-In Period Ends
The shares of Yes Bank were trading in the positive territory as stocks went up 0.60 per cent today as the three-year lock-in period of the largest commercial lender in the country ends today.
-
"Trust In International Financial Institutions Has Eroded": PM At G20 Meet
Prime Minister Narendra Modi added his voice Friday to calls for reform of global lenders such as the World Bank, as G20 finance ministers and central bank heads met.
-
"Only Option We Have...": Sri Lanka President On Economic Recovery
In the face of unprecedented economic hardship in Sri Lanka, President Ranil Wickremesinghe has said that the only option for the island nation to emerge from this crisis is to seek the support of the global lender International Monetary Fund (IMF).
-
SBI Asks Exporters To Trade With Bangladesh In Rupee, Taka: Report
Top lender State Bank of India has asked exporters to avoid settling deals with Bangladesh in the dollar and other major currencies as it looks to curb exposure to Dhaka's falling reserves, according to an internal document and a source.
-
IDBI Bank Shares Surge On Bad Loan Recovery, Privatisation Buzz
Share price of IDBI Bank surged by around 7 per cent on Friday after the company's top executive expressed hope that the lender may recover around one-fourth of nearly Rs 78,000 crore of bad loans and the government is likely to speed up privatisation process.
-
Top Mortgage Lender Signs World's Biggest Social Loan Of $1.1 Billion
HDFC's loan facility complies with international social loan frameworks that consistently certify, track and monitor the social impact of financing assets.
-
Sri Lanka Needs To Talk To China On Debt Restructuring, Says IMF
The International Monetary Fund (IMF) said Sri Lanka should kick off debt restructuring talks with its bilateral lender China, while the island state's government seeks a financing loan from the IMF.
-
SBI Hikes Lending Rates With Effect From Today; Loans Get Costlier
The country's largest lender State Bank of India has decided to increase its marginal cost of lending rate (MCLR) on loans by 10 basis points or 0.10 per cent effective from July 15, 2022.
-
Pakistan, IMF Say Key Progress Made In $6 Billion Bailout Talks
Key progress has been made in talks on the revival of Pakistan's International Monetary Fund bailout programme, both sides said on Wednesday, with Islamabad expecting the lender to increase the size and duration of the 39-month, $6 billion facility.
-
Pakistan Facing "Exceptionally High" Economic Risks, Says IMF
Beyond the upcoming election cycle and the current standby agreement, Pakistan needs another International Monetary Fund (IMF) program and assistance from other multilateral lenders, the lender stated in a report released on Tuesday.
-
IMF Approves $3 Billion Bailout For Pakistan
The International Monetary Fund's board approved a $3 billion bailout programme for Pakistan on Wednesday, the lender said, which will immediately disburse about $1.2 billion to help the South Asian country.
-
Pakistan PM Hopeful For $3 Billion Bailout Approval From IMF
Pakistan's Prime Minister Shehbaz Sharif said on Wednesday he was hopeful that $3 billion short-term bailout from the International Monetary Fund would be approved by the multilateral lender's board when it meets on July 12.
-
Sri Lanka Must Achieve Debt Restructuring By September: IMF
The International Monetary Fund on Tuesday reaffirmed that Sri Lanka must achieve its debt restructuring process by September, which is also the time for the global lender's formal review of the bailout facility it extended to the nation.
-
Top American Banks Exceed Earnings Expectations On Higher Interest Rates
Top American banks delivered healthy quarterly profit gains on Friday, beating analyst forecasts as the sector's biggest names emerged unscathed from the turmoil hitting smaller lenders, Asia Nikkei reported.
-
Banks Must Hear Borrowers Before Classifying Accounts As Fraud: Supreme Court
The Supreme Court rejected the State Bank of India's appeal and ruled that it is reasonably practicable for the lender banks to provide an opportunity for a hearing to the borrowers before classifying their accounts as fraud.
-
Yes Bank Stock Rises Marginally As SBI's 3-Year Lock-In Period Ends
The shares of Yes Bank were trading in the positive territory as stocks went up 0.60 per cent today as the three-year lock-in period of the largest commercial lender in the country ends today.
-
"Trust In International Financial Institutions Has Eroded": PM At G20 Meet
Prime Minister Narendra Modi added his voice Friday to calls for reform of global lenders such as the World Bank, as G20 finance ministers and central bank heads met.
-
"Only Option We Have...": Sri Lanka President On Economic Recovery
In the face of unprecedented economic hardship in Sri Lanka, President Ranil Wickremesinghe has said that the only option for the island nation to emerge from this crisis is to seek the support of the global lender International Monetary Fund (IMF).
-
SBI Asks Exporters To Trade With Bangladesh In Rupee, Taka: Report
Top lender State Bank of India has asked exporters to avoid settling deals with Bangladesh in the dollar and other major currencies as it looks to curb exposure to Dhaka's falling reserves, according to an internal document and a source.
-
IDBI Bank Shares Surge On Bad Loan Recovery, Privatisation Buzz
Share price of IDBI Bank surged by around 7 per cent on Friday after the company's top executive expressed hope that the lender may recover around one-fourth of nearly Rs 78,000 crore of bad loans and the government is likely to speed up privatisation process.
-
Top Mortgage Lender Signs World's Biggest Social Loan Of $1.1 Billion
HDFC's loan facility complies with international social loan frameworks that consistently certify, track and monitor the social impact of financing assets.
-
Sri Lanka Needs To Talk To China On Debt Restructuring, Says IMF
The International Monetary Fund (IMF) said Sri Lanka should kick off debt restructuring talks with its bilateral lender China, while the island state's government seeks a financing loan from the IMF.
-
SBI Hikes Lending Rates With Effect From Today; Loans Get Costlier
The country's largest lender State Bank of India has decided to increase its marginal cost of lending rate (MCLR) on loans by 10 basis points or 0.10 per cent effective from July 15, 2022.
-
Pakistan, IMF Say Key Progress Made In $6 Billion Bailout Talks
Key progress has been made in talks on the revival of Pakistan's International Monetary Fund bailout programme, both sides said on Wednesday, with Islamabad expecting the lender to increase the size and duration of the 39-month, $6 billion facility.
