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euro zone

Greece happy with Euro Zone decision

Greece announced satisfaction with the decision of the euro zone which granted the country Eur6.8 billion to redeem bonds in August.

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expressway

Financial Institutions may shy away from funding Delhi-Jaipur expressway if land not acquired

India’s Road Minister Oscar Fernandes said that unless major lands are handed over, financial institutions that would lend for the construction of expressways in the country could possibly shy away.

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Silicon Valley Bank

Silicon Valley Banks looks for loan receiver

Silicon Valley Bank requested a loan receiver for Alvarion Ltd over a US$3 million debt that the bank says it cannot pay.

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China

Chinese banks aggressively lend in early July

Four state owned banks in China aggressively extended Yuan loans that were unusually large causing alarm among regulators who were trying to strangle distorted credit growth.

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A structure showing the Euro currency sign is seen in front of the European Central Bank (ECB) headquarters in Frankfurt July 11, 2012. REUTERS/Alex Domanski

Euro loans to private sector shrinks

Loans to the euro zone private sector declined further.

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Birla

Birla's Daughter Leads Father Into Microloans

Billionaire Kumar Mangalam Birla's daughter Ananyashree Birla offered credit to women in villages in Maharashtra state.

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Carl Icahn

Jefferies Prepares Loans for Icahn's Dell bid

Jefferies & Co backed billionaire Carl Icahn's bid for the computer maker Dell Inc. with US$5.2 billion loan.

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China's Head of Government

China Offers US$3 Billion Worth of Loans to 10 Caribbean Nations

President Xi Jinping offered a total of US$3 billion loans to 10 Caribbean nations however no direct confirmation was made by the Chinese government.

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India Bourse

Midcap Shares Fall Amidst Talk of Share Sales in India

Share values fall on rumors of sales of pledged stocks.

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