Tag: loan
RBI Hikes Repo Rate By 25 Basis Points To 6.25 Per Cent
Following a cycle of rate cuts begun in January 2015, the RBI on Wednesday raised its key interest rate for the first time by 25 basis points to 6.25 per cent, a central bank announcement said.....
RBI Keeps Policy Rate Intact; Stance Unchanged
In its penultimate monetary policy review of the current fiscal, the Reserve Bank of India (RBI) on Wednesday kept its key lending rate for commercial banks unchanged at 6.5 per cent for the second time in succession.....
Mallya Extradition: Indian Mission In Touch With UK Authorities
After a court in Britain ordered the extradition of Indian industrialist Vijay Mallya to stand trial on charges of committing a Rs 9,000-crore bank loan fraud, the Indian High Commission in London is in touch with British authorities, with the case now in the hands of British Home Secretary, a senior official said on Thursday.....
RBI To Carefully Consider Liquidity Inducing Measures: Governor Das
Assuring adequate liquidity measures whenever the need arises RBI Governor Shaktikanta Das on Monday noted that liquidity should not become "loose money" and the apex bank would excercise the measures with caution.....
Karnataka Government 'anti-farmer', Didn't Waive Farm Loans: Modi
Prime Minister Narendra Modi on Wednesday termed Karnataka's coalition government as "anti-farmer" and said the Congress and Janata Dal-Secular (JD-S) made "false" promises of farm loan waiver to seek votes in the Assembly election.....
RBI Cuts GDP Forecast To 5% In FY20; Sees Early Revival Signs
With the second quarter GDP slipping to a six-year low of 4.5 per cent and expected to remain muted, the Reserve Bank of India (RBI) on Thursday cut GDP growth forecast for the current fiscal to 5 per cent.....
Name 50 Wilful Defaulters: Rahul In Lok Sabha
Former Congress President Rahul Gandhi on Monday asked in Lok Sabha the names of top 50 wilful defaulters. ....
Banks Technically Write Off Over Rs 68K Cr Loans, Choksi Among 50 Top Wilful Defaulters: RTI
Indian banks have technically written off a staggering amount of Rs 68,607 crore due from 50 top wilful defaulters, including absconding diamantaire Mehul Choksi, according to a reply under RTI from the Reserve Bank of India (RBI).....
Rs 3 Lakh Crore Collateral Free Automatic Loan For MSMEs: FN Sitharaman
Finance Minister Nirmala Sitharaman on Wednesday announced collateral free automatic loans for businesses including MSMEs up to Rs 3 lakh crore. ....
CBI Arrests Ex-Assam CM Ashok Saikia's Son In Bank Loan Default Case
The Central Bureau of Investigation (CBI) on Sunday arrested Ashok Saikia, the eldest son of former Assam Chief Minister Hiteswar Saikia, in a bank loan default case. ....
