Category Archives: Loan amount

Loan amount, further details here

SBI Kavach: no collateral is required to benefit from the bank loan The State Bank of India (SBI) has launched an unsecured loan program called ‘KAVACH personal loan’ for families affected by COVID-19. According to a statement shared by the country’s leading lender on Tuesday, June 15, the personal loan program has the lowest interest […]

Amount of the deceased person’s loan I Outstanding loan from the deceased: are family members required to repay?

Unpaid loan from a deceased person: are family members required to repay? | Photo credit: Representative image The second wave of Covid-19 has caused insurmountable suffering and hardship to the family members of hundreds of thousands of people who have died. The situation has become particularly precarious for the surviving family members of the deceased […]

Delhi: Man detained for embezzling loan amount of Rs 300 crore | Delhi News

NEW DELHI: A 31-year-old man has been arrested for allegedly embezzling funds amounting to 300 crore rupees in the form of loans and credit facilities from various banks and financial institutions, police said on Friday. Vaibhav Sharma, chief financial officer (CFO) of a Gurugram-based company active in the car dealership, was arrested on Thursday in […]

SBA triples maximum loan amount to $ 500,000 for businesses affected by COVID-19

The Small Business Association (SBA) announced that starting April 6, small businesses and nonprofits can apply for up to two years of relief with a maximum loan amount of $ 500,000. The COVID-19 Economic Disaster Loan Program (EIDL) provides businesses with 30-year fixed-rate loans providing capital for rent, health benefits, utilities, and debt repayment. However, […]

SBA increases maximum disaster loan amount to $ 500,000, effective April 6

Federal disaster loans to help small businesses, nonprofits and farms survive the coronavirus pandemic are increased to a maximum of $ 500,000 per applicant from the current $ 150,000, officials said on Wednesday. responsible. The change to the US Small Business Administration’s Economic Disaster Lending Program, or EIDL, is effective April 6, said the agency’s […]