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Welcome To IANS Live - SCIENCE AND TECHNOLOGY - Tesla facing delay in opening Gigafactory Berlin: Report

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Berlin, May 5 (IANS) Elon Musk s electric car company Tesla is reportedly facing a delay of 6-month in opening Gigafactory in Berlin, the media reported.
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Update: 05-May-2021 ....

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Denmark drops Johnson and Johnson COVID-19 vaccine rollout

Denmark on Monday (local time) dropped Johnson and Johnson COVID-19 vaccine rollout due to concerns over jab side effects. ....

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Ō2NL: Is Govt ducking for cover again over infrastructure promises?

"Ministers are working through options on how to take the programme forward.." ....

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Welcome To IANS Live - BUSINESS - 462 infra projects report cost overrun of Rs 4.36 lakh cr

The Flash Report on Central sector projects for March published by the Ministry of Statistics and Programme Implementation showed that 557 projects are running behind schedule. ....

New Delhi , India Private , News Service , All Rights , புதியது டெல்ஹி , இந்தியா ப்ரைவேட் , செய்தி சேவை , அனைத்தும் உரிமைகள் ,

SBP takes notice of delayed loan approvals for housing finance

SBP takes notice of delayed loan approvals for housing finance
Business
May 1, 2021
KARACHI: Taking cognizance of complaints about delayed loan process, the central bank on Friday asked banks to speed up approvals under the government markup subsidy scheme to promote housing finance.
“SBP has been receiving a number of complaints especially regarding delayed processing, long turnaround time and no mechanism to track the financing application after submission,” the State Bank of Pakistan (SBP) said in a circular, referring to the government markup subsidy for housing finance.
Banks/development finance institution are advised to put in place within 30 days from the date of the circular an online e-tracking mechanism and a phone-based help line to provide, on query of applicant, status and expected time required for decision on application, said the SBP Devise a system to monitor 30 days turnaround time for decision on applications received, it added. ....

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