Ten farmers taken into custody in Peddapalli

Peddapalli: Ramagiri police are said to have arrested ten farmers as part of an investigation into obtaining harvest loans by producing fake pattadar booklets. Farmers in Ramagiri and Mutharam mandals obtained harvest loans from Telangana Gramina Bank, Kalwacherla branch of Ramagiri mandal by producing fake pattadar passbooks. Based on the …

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CFPB continues to develop payday rules despite likely Biden reshuffle

CFPB headquarters. (Source: Shutterstock) The CFPB is continuing the rulemaking process for its regulation of payday lending, although it seems likely that the new Biden administration will scrap the controversial rule. The bureau said this week that it had hired a contractor to conduct one-on-one interviews in an attempt to …

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Texas urban and rural power companies face bailout following storm

The state’s electricity costs jumped about 10 times more than usual, to around $ 47 billion, in a weeklong cold snap that destroyed nearly half of its power plants. The accusations drove a co-op out of business and left two dozen others struggling with bills they will struggle to cover …

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All Labor Day 2020 Furniture Best Sellers

I recently had to furnish an entire house after moving across the country, so I know firsthand how much furniture and decor can really add up (especially when you don’t want to skimp on quality). Fortunately, for anyone shopping in September, Labor Day – and increasingly the week or weeks …

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Woman jailed for deceiving banks into paying S $ 1.77 million for bogus microfinance loans

SINGAPORE: Using forged bank statements, fake companies and bribing bank workers, a woman conspired with a man to cheat three banks and disburse S $ 1.77 million in loans. Tan You Jia, 50, was sentenced to four and a half years in prison on Wednesday (March 3rd) after pleading guilty …

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Amid the shutdown, investors wonder what it will take to open up the leveraged loan market

With the US $ 1.2 trillion leveraged new issue market largely frozen and the prospects for a near-term return to widespread activity uncertain, to say the least, investors and originators remain on the key, waiting for the segment to reopen. But what will it take for that to happen? Of …

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Godrej Housing Finance aims for cautious growth

India’s newest mortgage lender is in no rush to catch up in the crowded market. Instead of aggressively expanding its portfolio of assets, Housing finance in Godrej will focus on acquiring 1,000 customers by March to test the sustainability of its systems and processes, said CEO Manish Shah. “One way …

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BBB clears up confusion over loan and financial aid programs for businesses

IDAHO FALLS – If you’re confused by the alphabet soup of financial aid programs, you are not alone. As the government works with banks to distribute $ 2.2 trillion to individuals and businesses under the CARES Act, you’re probably wondering what you’re eligible for and where to apply. The Paycheque …

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Concrete Pumping Holdings announces Senior’s offer

DENVER, January 19, 2021 (GLOBE NEWSWIRE) – Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (the “Company”) today announced that Brundage-Bone Concrete Pumping Holdings Inc. (the “Issuer”), a wholly-owned subsidiary of the Company, intends to offer, by way of a private placement, an aggregate principal amount of $ 350.0 million of senior …

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