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Economy

U.S. Seeks to Collect on Up to $20 Billion in Delinquent Covid Loans

Time is running out for small businesses and nonprofits that took out roughly one million government loans during the pandemic.

6 min read7 Mar 2024
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Money

As banks can now sell ‘fraud loans’, what does this mean for Indian banks

Instead of making 100 per cent provisions for ‘fraud’ loans, banks can now transfer loans to asset reconstruction companies for a lower price. Let us decode how this is set to reform the banking landscape of India.

2 min read15 Dec 2021

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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Exciting, sharp and clear analysis of the trends that matter, through data and charts. Plain Facts is published every weekday, with coverage spanning across themes, including corporate strategy to inflation to unemployment and emerging sectors. Follow us on #MintPlainFacts across social media.

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