Non-plan loan estimates for other countries increased

September 19th, 2009 NEW DELHI - Clearing the air on the 2.9 billion dollar country plan loan sanctioned to India by the Asian Development Bank (ADB), Foreign Secretary Nirupama Rao said there was no pending issue and that the loan has been approved. The loan has a total approval of the members.

September 8th, 2009 Trina Solar receives $304 million loanNEW YORK — Trina Solar Ltd., a solar power company, said on Tuesday it received a loan of $304 million to expand capacity at its east campus location over the next three years. Loan proceeds will be used to fund capital expenditures for the rest of 2009 and pay back outstanding loans of about $80 million due on June 30.

August 20th, 2009 SunTrust shares advance after S&P Equity reportCHARLOTTE, N.C. — SunTrust Banks Inc.

August 12th, 2009 KARACHI - Pakistan has received $1.2 billion from the International Monetary Fund (IMF) as the third tranche of an emergency loan agreed to last year, the central bank said. "We have received $1.2 billion from the IMF," State Bank of Pakistan spokesperson Syed Wasimuddin told The News.

August 10th, 2009 WesBanco revises Q2 results lowerWHEELING, W.Va. —WesBanco Inc.

July 31st, 2009 Iceland says IMF postpones action on $2.1 bln loanREYKJAVIK, Iceland — Iceland's government said Friday that the International Monetary Fund has postponed a decision on releasing additional funds for the nation's economic recovery program. Iceland was hoping for a decision before the IMF executive board begins a two-week vacation on Aug.

July 21st, 2009 Nordea posts 11 pct drop in 2Q net, raises outlookSTOCKHOLM — The Nordic region's biggest financial group, Nordea Bank AB, on Tuesday reported an 11 percent drop in second-quarter net profit, mainly due to higher loan losses and staff costs, but raised its full-year outlook. Net profit in the quarter fell to euro616 million ($874 million), down from euro692 million in the same quarter last year.

July 16th, 2009 NEW DELHI - Bank of China will extend a loan of $70 million to Sistema Shyam TeleServices, the telecom joint venture between Sistema of Russia and Shyam group of India, to strengthen its wireless infrastructure. The loan is for eight years with three years of moratorium on principal repayment and will help Sistema Shyam expand its geographical reach and seamlessly serve the growing subscriber-base, the company said in a statement.

July 14th, 2009 Chrysler Financial pays off $1.5B in TARP loansFARMINGTON HILLS, Mich. — Chrysler Financial, the former financing arm of automaker Chrysler LLC, said Tuesday that it has repaid in full its $1.5 billion in government loans.

July 6th, 2009 NEW DELHI - Union Finance Minister Pranab Mukherjee on Monday said that the fiscal deficit as a percentage of GDP is projected at 6.8 per cent as compared to 2.5 per cent of the Budget Estimates (BE) for 2008-09 and 6.2 per cent as per the provisional accounts of 2008-09. Presenting the General Budget for 2009-10 in Lok Sabha on Monday, Mukherjee assured that government would address the issue properly to come back to the path of fiscal consolidation, as this level of deficit was a matter of concern.

July 6th, 2009 NEW DELHI - Finance Minister Pranab Mukherjee on Monday said that the provisions for the Scheme 'Mission in Education through ICT' has been substantially increased to Rs. 900 crore. Presenting the Union Budget proposals for the year 2009-10 in Lok Sabha, he said: "Similarly, for establishment and up-gradation for Polytechnics under the Skill Development Mission has been increased to Rs.

July 1st, 2009 Nordic countries come to Iceland's rescueLONDON — Denmark, Finland, Sweden and Norway signed loan agreements with Iceland on Wednesday that will provide the struggling nation with $2.5 billion (euro1.8 billion) over the long term. Iceland's central bank, Sedlabanki, said the money will be used to strengthen the country's foreign exchange reserves.

May 4th, 2009 Expert: Club's loan based on faulty projectionsMISSOULA, Mont. — A real estate expert says a $375 million loan to the Yellowstone Club before it sought bankruptcy protection was based on faulty assumptions that sales at the exclusive Montana club would be brisk.

February 21st, 2009 AGARTALA - The central government is likely to compensate the northeastern states for the whopping financial burden due to implementation of the recommendations of the Sixth Pay Commission, officials said here Friday. 'Deputy Chairman of the Planning Commission Montek Singh Ahluwalia during a meeting with Tripura Chief Minister Manik Sarkar in New Delhi Thursday said the issue was presented before the finance ministry for active consideration,' a government spokesperson said.

February 15th, 2009 NEW DELHI - The government Monday revised the total expenditure estimate in the current fiscal to a little over Rs.9 trillion (Rs.900,953 crore), an increase of Rs.1.5 trillion (Rs.150,069 crore) on account of increased assistance to states, greater sectoral investments and a higher subsidy burden. In the interim budget that he presented in the Lok Sabha, External Affairs Minister Pranab Mukherjee hiked the plan expenditure by Rs.395.71 billion (Rs.39,571 crore) to Rs.2.82 trillion (Rs.282,957 crore), against the budgeted estimate of Rs.2.43 trillion (Rs.243,386 crore).