Mumbai (Maharashtra), Feb 8 (ANI): Indian state-owned banks will be forced to continue on a path of risk aversion and soft loan growth without adequate capital support from the state, according to Fitch Ratings.
Jaipur (Rajasthan) [India], February 7 (ANI): In a sharp attack at Congress leader Rahul Gandhi amid the ongoing farmers' protest, Union Minister Smriti Irani on Sunday reminded him of the loan waiver promise he had made to the farmers of Rajasthan.
Dehradun (Uttarakhand) [India], February 6 (ANI): Uttarakhand Chief Minister Trivendra Singh Rawat launched an interest-free loan distribution programme under the Deen Dayal Upadhyay Cooperative Farmers Welfare Scheme at Bannu School in Uttarakhand's Dehradun on Saturday.
Chennai (Tamil Nadu) [India], February 5 (ANI): Ahead of the assembly elections, Tamil Nadu Chief Minister Edappadi K Palaniswami on Friday announced to waive off Rs 12,110 crore farmers' loans.
Mumbai (Maharashtra) [India], February 4 (ANI): Government-owned State Bank of India (SBI) on Thursday reported 7 per cent year-on-year drop in net profit at Rs 5,196 crore for December quarter due to increase in provisions against bad loans.
Mumbai (Maharashtra) [India], February 2 (ANI): Home loan lender Housing Development Finance Corporation (HDFC) said on Tuesday its profit after tax stood at Rs 2,926 crore for the quarter ended December 31, 2020 as compared to Rs 8,372 crore in the same period of previous year.
New Delhi [India], February 2 (ANI): Bhartiya Kisan Union (BKU) spokesperson Rakesh Tikait on Monday expressed disappointment at the Union Budget 2021-22 saying that it would offer loans to farmers, but if they take them, they will suffer losses.
New Delhi [India], February 1 (ANI): On Budget day, farmer leader Rakesh Tikait said that the government should provide a separate budget for farmers to address various issues of the farming community. He also sought a waiver of agricultural loans of farmers.
Dehradun (Uttarakhand) [India], January 30 (ANI): The Uttarakhand government will provide interest-free loans of upto Rs 3 lakh to 25000 farmers and of upto Rs 5 lakh to farmers' groups on February 6 under the Deen Dayal Upadhyay Cooperative Farmers Welfare Scheme.
New Delhi [India], January 29 (ANI): The Economic Survey 2021 released on Friday has called for adequate capitalisation of public sector banks and strengthening the legal infrastructure for recovery of loans.