Here’s how much the IDC disbursed in business support in the last financial year
The IDC's recent annual report showed it had a debt-to-equity percentage of 30.9% and a non-performing loans percentage of 35.1%
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The IDC's recent annual report showed it had a debt-to-equity percentage of 30.9% and a non-performing loans percentage of 35.1%
Finance minister says there is a three-year plan to fix the metro.
The loan will support electricity, water supply and sanitation, and solid waste management in eight metros.
High interest rates also did the bank no favours, as it recorded 'moderate growth' in its home loan portfolio.
The prime lending rate has been set 350 basis points above the repo rate since 2001.