March 2021

A Saratoga Springs bank is suing 10 companies and two of their shareholders to recover nearly $ 2 million granted through PPP loans. Adirondack Trust Company accuses the two of embezzling the proceeds from funds loaned through the…

When Congress authorized $ 284 billion to reopen the Paycheque Protection Program (PPP) in January, small businesses and the self-employed scrambled to apply. But many applicants ran into questions about eligibility, loan cancellation,…

Amundi has decided to remove exposure to green bonds issued by the State Bank of India (SBI) from its Planet Emerging Green One fund, Citywire selector has learned. The move follows a review of the company's holdings after it…

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In response to the report released today by the Organization for Economic Co-operation and Development (OECD) on climate finance flows from developed to developing countries, Tracy Carty, Senior Climate Change Policy Advisor at…

A federal loan program designed to keep small businesses afloat during the Coronavirus pandemic wrongly excludes business owners with a criminal past, according to a lawsuit filed Tuesday by the American Civil Liberties Union and other…

The second round of Paycheck Protection Program (PPP) loans promulgated in law just after Christmas will provide higher amounts to companies in the accommodation and food industries - one of many business-friendly…

Scammers try to steal two-thirds of average consumers' spending on Christmas gifts. About one in eight scams are “loan fee fraud” when consumers are asked to pay an upfront fee for a loan or credit that they never…

A major risk to India's economic recovery is that millions of households and small businesses could be deprived of the credit they need, according to JPMorgan's chief emerging markets economist.The government, central bank and analysts…

New Delhi: The Housing Development Finance Corporation (HDFC) cut mortgage interest rates by 5 percentage points to 6.75 percent. The changes will take effect from today, which is March 4, and will benefit all existing…