Shopkeeper Duped With Paytm Online Loan Lure, Accused Arrested By Chandan Nagar Police – Punekar News

Mubarak Ansari Pune, November 23, 2022: Officers at Chandan Nagar Police Station have arrested an Odisha-based scammer who posed as a Paytm company representative and duped a shopkeeper. The defendant had transferred the loan amount to his account instead of the shopkeeper’s account. The arrested defendant was identified as Ajit Kumar Akshay Kumar Patnaik, a … Read more

Uganda: Parliament Approves $331 Million Loan for Electricity Access

Parliament has approved a government request to borrow up to $331.5 million from the World Bank Group’s International Development Association, after which it will receive a $276.5 million grant. The loan will fund the Electricity Access Scale Up Project (EASP), which aims to improve access to electricity nationwide. ADVERTISEMENT While presenting a loan application to … Read more

Lessons learned from loan failures

When I attend a banking forum, junior executives often ask me, “What have I learned from so many credit checks around the world? How can we avoid loan defaults?” I tell you that loans typically fail for the following reasons: (1) improper or weak needs assessment; (2) improper structuring of facilities; (3) collateral or collateral … Read more

IHS Holding Limited completes $600 Million Three-Year Bullet-Term Loan

Download logo RMB (www.RMB.co.za) acted as the Mandated Lead Arranger & Bookrunner on IHS Holding Limited’s (NYSE: IHS) (“IHS Towers”) $600 million syndicated credit facility. RMB was one of the lead banks in the transaction and brought its country specific expertise and global market knowledge to the structuring of this facility. IHS Towers is one … Read more