Thalia, Marc Anthony & More Latin Artists Who Had No. 1 Billboard Hits 20 Years Ago

The Hot Latin Songs chart, which currently blends airplay, streaming data, and digital sales, was then dominated mainly by pop ballads and some tropical anthems. Unlike today’s Ozuna and Anuel, some of the chart-toppers in the year 2000 were Chayanne, Thalia and Marc Anthony, to name a few.

Bank union approaches RBI seeking review of KV Kamath’s appointment as loan restructuring committee head

The regulator named KV Kamath as the head of the Expert Panel for loan restructuring last week, along with 4 other members who will submit their recommendations on sector-specific parameters and other considerations within 30 days. The committee is also tasked with reviewing all large resolution plans involving a debt of over Rs 1,500 crores.

Most stressed loans out of recast ambit

Stressed loans totalling Rs 5.7 lakh crore may not be eligible for the proposed one-time debt recast aimed at saving borrowers affected by the coronavirus outbreak, three bankers said. These are so-called special mention accounts (SMAs) where repayments were already late by over 30 days on March 1, Reserve Bank of India’s (RBI’s) cut-off date […]

‘Loan recast to aid small firms, retail borrowers’

The RBI’s relaxations under the Prudential Framework on Resolution of Stressed Assets will benefit borrowers in most categories. Besides, this is the first time the restructuring option has been extended to retail borrowers, given that many of them may face challenges in servicing debt owing to salary cuts and job losses.

Banking Central | One-time loan restructuring is only putting off pain; who’ll give capital to banks?

Last week’s biggest banking sector event was unveiling of the Reserve Bank of India’s moratorium exit plan for lending institutions. A senior banker told me it was also on account of the Centre wanting an escape route for banks from the coronavirus stress and the one-time restructuring of all the loans impacted by the pandemic […]

Vietnam Airlines projects loss of over 650 million USD this year

Hanoi (VNA) – National flag carrier Vietnam Airlines has forecast a consolidated pre-tax loss for 2020 of nearly 15.18 trillion VND (over 650 million USD) due to COVID-19. At its repeatedly-delayed annual shareholders’ meeting on August 10, General Director Duong Tri Thanh said the pandemic has spread around the world and completely changed the global […]

Exclusive: Merkel to visit Macron at summer residence around August 20 – source

The meeting between Macron and Merkel, fresh from striking a game-changing deal for the European Union to raise debt for the first time to fund recovery from the coronavirus pandemic, is another sign of renewed vigour for the Franco-German engine.

PSBs disburse Rs 8,320-cr loan to MSMEs under emergency credit line scheme

The scheme will be applicable to all loans sanctioned under GECL facility during the period from the date of announcement of the scheme to October 31 or till an amount of Rs 3 lakh crore is sanctioned under GECL, whichever is earlier. The main objective of the scheme is to provide an incentive to member […]

Rumour Has It: Lautaro, Barcelona agree to five-year deal

– Pierre-Emerick Aubameyang’s Arsenal future remains uncertain. The Telegraph reports head coach Mikel Arteta is trying to persuade the striker to stay at the Premier League club, while The Sun says Arsenal will keep Aubameyang until the end of his contract in 2021 if they cannot get more than £20m for him this close season.

UPDATE 2-German 10-year yields hit one-week high after data raises growth hopes

LONDON, Aug 5 (Reuters) – German 10-year bond yields rose to their highest in a week on Wednesday and had their weakest session in more than three weeks after economic data pointed to a return to growth in the bloc.