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.
New Delhi [India], January 28 (ANI/NewsVoir): Paisabazaar.com is the only independent digital platform in the country to reach an annualized loan disbursal of USD 1.5 billion. The marketplace platform receives consumers from 1000+ cities every month and offers unsecured loans to both salarie
New Delhi [India], January 27 (ANI/NewsVoir): India Shelter Finance Corporation Limited was recently awarded 'Housing Finance Company Lending for Affordable Housing' at The Inclusive Finance India Awards. The Secretariat Presentation Award Ceremony was held in New Delhi.
Mumbai (Maharashtra) [India], January 23 (ANI): A gang of four, including three women were on Saturday arrested for allegedly duping a Mumbai jeweller by mortgaging fake gold ornaments to avail of jewellery loans.
Singapore, January 20 (ANI): Banking systems in emerging markets face the expected deterioration in asset quality indicators as regulatory forbearance measures are lifted while vaccine rollouts in several countries continue, S&P Global Ratings said on Wednesday.
New Delhi [India], January 15 (ANI): Ahead of the Union Budget 2021-22, Madhya Pradesh Chief Minister Shivraj S Chouhan on Friday met Finance Minister Nirmala Sitharaman in Delhi and requested her that CIBIL rating should not be mandatory for street vendors while issuing loans.