Tag: loans
Congress Vice President Rahul Gandhi on Wednesday accused Prime Minister Narendra Modi of waiving off loans of 50 rich families of the country, while betraying the farmers and the youth.....
The Enforcement Directorate (ED) has arrested a former Director of Andhra Bank in its ongoing money laundering probe in the alleged Rs 5,000 crore bank fraud case involving Gujarat-based pharmaceutical company Sterling Biotech, an official said on Saturday.....
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.....
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.....
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).....
Fugitive tycoon Vijay Mallya has petitioned the Karnataka High Court to permit him and his holding firm UBHL to sell their assets under its supervision to repay creditors, including state-run banks, while saying a civil law matter of loan recovery had been made a criminal matter in his case.....
Presenting its maiden budget, the JD(S)-Congress coalition government in Karnataka on Thursday waived farm loans totalling Rs 34,000 crore, giving relief to distressed farmers across the state, while proposing higher levies on petrol, diesel and liquor and power to mop up more revenue.....
Congress General Secretary Priyanka Gandhi Vadra on Tuesday said that street vendors and small traders need a special assistance package and not loans.....
The Union Cabinet on Tuesday approved interest waiver for November and December 2016, for farmers who have taken short term crop loans from cooperative banks for the Rabi sowing season.....
Finance Minister Arun Jaitley will meet with senior Reserve Bank of India (RBI) officials in New Delhi on Friday to discuss the issue of banks' non-performing assets (NPAs) or bad loans, sources said.....