New Delhi [India], Dec 11 (ANI): With farm loan waiver being a populist election promise in the ongoing Gujarat elections, Former Reserve Bank of India (RBI) Governor Y.V. Reddy today said that the practice is the decision of the political dispensation and cannot be justified in economic ter
New Delhi [India], Dec 11 (ANI): Former RBI Governor C. Rangarajan today said that the economy is coming out of the phase of slow growth and estimated that the GDP growth rate for the current financial year is likely to be 6.5 percent
New Delhi [India], Dec 11 (ANI):The Asian Infrastructure Investment Bank has approved a USD 250-million loan for a project that will reduce China's coal use by about 650,000 tons annually through connecting about 216,750 households in rural villages to the natural gas distribution network, t
Visakhapatnam (Andhra Pradesh)/Mumbai[India], Dec.11 (ANI): Essar Vizag Terminal Ltd (EVTL) today said that it was taking a week-long shutdown ahead of the installation and commissioning of an 8,000 TPH (tonnes per hour) Ship Loader that forms a part of the Company's Rs 830-crore expansion p
London [UK], December 08 (ANI): An expert witness called by Vijay Mallya's defence team on Thursday described as "superficial" the processes employed by banks to grant loans totalling more than Rs 2,000 crore to now-defunct Kingfisher Airlines in 2009.
New Delhi [India], Dec 7 (ANI-NewsVoir): Paisabazaar.com, India's No.1 Marketplace for loans and cards, today announced it has sourced an unsecured business loan of Rs. 75 lakh - its biggest ever in the unsecured product category. The loan, applied from the Paisabazaar.com platform, was prov
Mumbai (Maharashtra) [India], Dec 6 (ANI): Reserve Bank of India (RBI) Governor Dr Urjit Patel on Wednesday hinted at the possibility of fiscal slippage due to farm loan waiver, partial roll back of duty on fuel and reduction in the Goods and Services Tax (GST) rates on a number of commoditi
New Delhi [India], Dec 5 (ANI): To support the growth of such businesses in the country, SME financing enabler in India, Indifi Technologies has launched Invoice Discounting line of credit, a debt financing-based working capital solution for B2B start-ups to get easy loans and improve cash f
Hyderabad (Andhra Pradesh) [India], Nov. 30 (ANI): Department of Industrial Policy and Promotion (DIPP) Secretary Ramesh Abhishek on Thursday said the government is providing ample help to women entrepreneurs through its initiatives like Stand - Up India program and MUDRA loan.
New Delhi [India], Nov 28 (ANI-NewsVoir): Paisabazaar.com, a marketplace for loans and cards, on Tuesday announced a new lending product category - Short Term Personal Loans or STPL - for customers who need small loans for a short period.
New Delhi [India], Nov 28 (ANI): Union Finance Minister Arun Jaitley on Tuesday refuted to rumors against the government waiving off any loans of big NPA defaulters.