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“Credit Corps will essentially operate as if in a loan syndicate led by the partner bank that provides funds to the borrower,
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The bank had set a target of taking its loan outstanding to about Rs 82,000 crore from Rs 73,123 crore at the end of March.
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Typically, a payday loan has a repayment period of a couple of. Borrowers turn to payday lenders because those are, as the.
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The source with direct knowledge of the situation said that to become a merger candidate, the bank. loans into a separate company that would then be merged with state-owned bad loan manager.
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