(AFX UK Focus) 2009-09-28 16:16 Russia MTS secures 59 bln roubles in Sberbank loans (Interactive Investor)

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MOSCOW, Sept 28 (Reuters) - MTS, Russia’s top mobile phone operator, said on Monday it had secured two loans worth a combined 59 billion roubles ($1.96 billion) from state-controlled lender Sberbank. MTS said in a statement it had secured a 47 billion rouble loan maturing in 2013 with an annual interest rate of 16 percent and a separate 12 billion rouble loan due in 2011 and paying an interest …

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Out From the Alleys, Gold Loans Gain Stature in India (New York Times)

A fast-growing segment of the lending industry serves the many Indians who lack paperwork to prove their income or collateral other than gold jewelry.

Rural Energy grants and loans released (The Council Bluffs Daily Nonpareil)

WASHINGTON, D.C. Sens. Chuck Grassley and Tom Harkin announced that the U.S. Department of Agriculture, Office of Rural Development awarded a total of $22,736,256 in loans and grants to Iowa through the Rural Energy for America Loan and Grant Program.

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