Beta Wind Farm Pvt Ltd, Shriram Group’s renewable energy unit has raised $249Mn in dollar and rupee loans from banks for projects in the Andhra Pradesh and Gujarat. The firm raised $30Mn from a seven-year loan to fund a 156- megawatt renewable-energy project in AP and $111Mn with an 11-year facility. It got R536Cr 10-year [...]
Today, a peer-to-peer lending marketplace for investments and personal loans announced. Since inception, it has funded about $300 million for consumer loans of P2P. The company announced that in January alone, it funded a record $10.8 million in the loans. Related PostsRoute1 Management announced the repayment of outstanding loans Route1 Announces Repayment of Outstanding Management [...]
The banks have stepped up lending against the glittering yellow metal with credit demand has been declining because of high interest rates. Higher margins and financing against gold being a secured form of lending are the key reasons why the banks are expanding this portfolio. Gold loans are deemed priority of the sector advances. This [...]
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