Education grant for beedi, limestone workers’ kids

Students who are pursuing education can avail themselves of a grant between `250 -`15,000, depending on the class and course, for the academic year 2019-20.

published on : 21st July 2019

CBI slaps cases on Hyderabad-based Mussadilal Jewellers for duping bank of Rs 75 Crore

Company's MD Mohan Lal Gupta and his son failed to return the amount to the Indian Overseas Bank. 

published on : 20th July 2019

YSRCP, TDP in blame game as World Bank says it dropped USD 300 million loan for Amaravati as Centre withdrew request

The World Bank representative did not reveal if the Indian government cited any reason for withdrawing the loan request.

published on : 19th July 2019

AP’s 'capital dreams' in tatters? World Bank withdraws $ 300-million Amaravati loan

The World Bank’s decision may have serious financial implications for the APCRDA as it is likely to create a trust deficit among the stakeholders.

published on : 18th July 2019

Bank credit and deposit growth manage to remain in double- digits

Credit and deposits grew 12.02 per cent and 10.32 per cent to Rs 96.975 trillion and Rs 126.746 trillion respectively.

published on : 18th July 2019

Businessman and daughter found dead with wife unconscious in car in Madhya Pradesh

A suicide note found mentions that mounting business loans forced the man to take such a step.

published on : 18th July 2019

Housing affordability worsened over the last four years: RBI data

Housing loan borrowers may be comfortable with loan to value (LTV) and EMI-to-income ratios, but housing affordability has worsened, according to the latest RBI report.

published on : 17th July 2019

Karnataka government extends deadline to repay farm loan dues

If farmers who have overdues and interests above Rs 1 lakh in cooperative banks, repayment of the same before July 31, 2019 will make them eligible for farm loan waiver up to Rs 1 lakh. 

published on : 17th July 2019

Banks bad loans down at Rs 9.34 lakh crore at FY19-end: Nirmala Sitharaman

Taking away control of defaulting companies and debarring wilful defaulters from taking part in resolution process as well as raising funds from markets are the steps that have been employed.

published on : 16th July 2019

Pakistani businesses on strike over new taxes part of IMF loan deal

Pakistan faces dangerously low foreign reserves, a tax base of barely 1% of its population, crushing trade deficits and a hefty defence budget.

published on : 13th July 2019

Debate on interest-free farm loans leads to pandemonium in Andhra Pradesh Legislative Assembly

The discussion about interest-free farm loans ended up in pandemonium with the ruling party and Opposition members trading charges at each other.

published on : 13th July 2019

Banks more risk-tolerant in housing loans but affordability worsened: RBI survey

The Residential Asset Price Monitoring Survey said that the median loan-to-value (LTV) ratio moved from 67.7 to 69.6 between March 2015 and March 2019.

published on : 12th July 2019

TDP govt's interest-free farm loan scheme: CM Jagan dares Chandrababu Naidu to prove claim or resign

CM’s challenge came after Rama Naidu’s claim that TD govt provided interest-free loans to ryots.

published on : 12th July 2019

Govt finalising modalities for crop loan waiver: Telangana Agriculture Minister Singireddy Niranjan Reddy

Agriculture Minister Singireddy Niranjan Reddy said that the government is in the process of finalising the modalities for implementation of farm loan waiver.

published on : 12th July 2019

Micro-loans jump 40 per cent to Rs 1.8 trillion in FY10

NBFC-MFIs hold the largest share of portfolio in micro-credit with total loan outstanding of Rs 68,156 crore, accounting for 38 per cent of the total industry portfolio.

published on : 11th July 2019
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