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May 2008

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Tough Assignment: Find College Loans (WallStreet Journal via Yahoo! Finance)

College students and their parents are scrambling to line up student loans for the fall amid fears that the broader credit crisis might put the squeeze on such lending. How bad could it be?

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Loans for new purchases slump by 40 per cent (Independent)

Further evidence has emerged of the torpor in the mortgage market. The British Bankers' Association (BBA) has reported that the number of new loans taken out to purchase a property in April was down 39.4 per cent on the same month a year ago.

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Rs 498 cr farming loans to be waived in district (The Times of India)

Agricultural loans of around Rs 498 crore from 1,66,000 loan accounts of farmers will be considered for the loan waiver scheme announced by the Union government in the Union budget 2008-'09 in February.

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written-off loans (The Hindu)

In the latest guidelines issued on May 30, the RBI has clarified that the amount of loans written off (prudentially or actually) by the lending institutions will not be covered under the scheme.

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Disaster loans available for Brevard fire victims (Florida Today)

Brevard County residents and businesses affected by fires on May 11 - 13 can apply for low-interest disaster loans from the U.S. Small Business Administration, SBA Administrator Steve Preston announced today.

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IDB to offer low-cost loans to poor muslim countries (AME Info)

Jeddah-based Islamic Development Bank says it will offer low-cost loans to poor Muslim countries to help them offset the impact of high food and fuel prices, reported Gulf News. IDB president Ahmad Mohammad Ali said the five-year would target the least developed states and intermediate-income countries, adding that 32 countries would benefit from it.

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Fire victims eligible for low-interest loans (Sebastian Sun)

Florida residents and businesses affected by fires May 11-13 can apply for low-interest disaster loans from the U.S. Small Business Administration.

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Fire victims eligible for low-interest loans (TCPalm.com)

Florida residents and businesses affected by fires May 11-13 can apply for low-interest disaster loans from the U.S. Small Business Administration.

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RBI group against controlling rates on SME loans (Business Standard India)

The Reserve Bank of India's Internal Working Group has voiced its dissent against introducing administered interest rate regime for giving loans to small and micro enterprises.

Written by Yahoo! News Search Results for loans on May 30th, 2008 with no comments.
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Loans released by banks in April at 1.677bn lei (Moldova.org)

The loans granted by the commercial banks this April totaled 1.667 billion lei, a decrease of 13.2% or 253.6 million lei compared with the previous month. According to the central bank, the credits released to legal entities made up more than 78% of the total volume of loans offered in national currency. The loans in lei for a period of more than 12 months granted to legal entities in April made ...

Written by Yahoo! News Search Results for loans on May 30th, 2008 with no comments.
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