Tag Archive for loan

NTPC Inks Rs. 1,500 crore Term Loan with HDFC Bank

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

NTPC Signs Term Loan of Rs 1500 crore with HDFC Bank

NTPC, India’s largest power generating company, has signed term loan agreement for Rs. 1,500 crore with HDFC Bank Limited on 10th July, 2018 for its various projects. The loan has a door-to-door tenure of 15 years and will be utilised to part finance the capital expenditure of NTPC and has been extended at an interest rate linked to 3-months Marginal Cost of funds based Lending rate (MCLR) of the bank. Read more

Avanse launches a special education loan offer on the occasion of Women’s Day

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

On the occasion of Women’s Day 2018, Avanse Financial Services (Avanse), one of India’s leading education finance company announces the launch of   an exclusive education loan offer for girl students aspiring to pursue higher education and build a strong future. The benefits include 12 year term as against the available 10 year term, 25% discount on processing fee and a 1% reduction on Rate of Interest. The offer starts from March 8, 2018 and concludes on March 31, 2018.

 

Commenting on this initiative, Amit Gainda, CEO, Avanse Financial Services said, “To commemorate Women’s Day, Avanse is glad to dedicate March 2018 towards fulfilling higher education aspirations of girl students. This offer includes discounts on processing fees, subsidized interest rates and longer repayment tenure and reinforces Avanse’s objective of making quality education affordable to deserving students.”

 

Avanse has always been committed towards making higher education accessible to girl students through attractive education financing products & services. Commenting on the purpose, Amit Gainda added, “We, at Avanse strongly believe that educated women lead to empowered families, stronger societies, a knowledgeable economy and ultimately, a prosperous nation. With active support from the government and society, the past few years have witnessed a significant increase in girls opting for higher education. Avanse’s exclusive benefits for women aim to empower academically inclined girls across India to pursue education in their preferred field in India or abroad.” Read more

CAPITAWORLD TO LAUNCH REVOLUTIONARY ‘SMART LOAN – DISINTERMEDIATION ECOSYSTEM’ – PLATFORM FOR MSME’s”

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

CapitaWorld – a leading digital platform that automates the entire loan value chain has today rolled out the first version of their revolutionary ‘Smart Loan -Disintermediation Ecosystem’, a fully integrated lending system which will be beneficiary for MSME’s thereby creating a new source of credit for a large, thriving sector of the economy whose borrowing options are limited. Read more