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Union Budget must focus on economic growth by boosting real estate: NAREDC
Updated : 6 years, 2 months ago IST
New Delhi [India], Jan 8 (ANI): Fiscal stimulus to the real estate sector will have a manifold affect on 269 allied industries with multi-dimensional impact on enhancing the GDP growth inclusive of employment creation, the National Real Estate Development Council (NAREDCO) said on Wednesd
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Bank of Baroda to issue tier-II bonds worth Rs 2,000 crore
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Jan 8 (ANI): The capital raising committee of Bank of Baroda on Wednesday approved the issuance of Basel III compliant tier two bonds for aggregate total issue size not exceeding Rs 2,000 crore in single or multiple tranches.
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Suzlon Energy stock slides by 10 pc after default on borrowings worth Rs 7
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Jan 8 (ANI): The share price of Suzlon Energy dipped by 10 per cent on Wednesday morning after the financially-strapped renewable energy solutions provider said it defaulted on loans worth Rs 7,256.38 crore.
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Flexi Personal Loan from Bajaj Finserv is your ideal partner to finance hi
Updated : 6 years, 2 months ago IST
Pune (Maharashtra) [India], Jan 7 (ANI/BusinessWire India): As fees at premier educational institutions, both in India and abroad, continue to inch skywards, education loans have become indispensable to those who wish to pursue higher education.
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Maharashtra loan waiver to cost at Rs 45,000 crore to 51,000 crore: SBI
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Jan 6 (ANI): The newly-formed Maharashtra government's announcement to waive off loans up to Rs 2 lakh for farmers with a cut-off date of September 30, 2019 and providing relief to non-defaulting farmers who have a loan above Rs 2 lakh can cost at between Rs 45,
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Residential real estate on the path to recovery
Updated : 6 years, 2 months ago IST
New Delhi [India] Dec 31 (ANI/NewsVoir): With State Bank of India, the country's largest lender, reducing interest rates on home loans by 25 basis points to 7.9 per cent and other lenders likely to follow suit, the year 2020 seems to have begun on a promising note for developers, particularl
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RBI issues draft norms on prudential exposure limits for cooperative banks
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 30 (ANI): The Reserve Bank of India (RBI) on Monday released a draft circular on limits on exposure to single and group borrowers and revision in priority sector lending targets for urban cooperative banks (UCBs).
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Farmers whose loan exceeds Rs 2 lakh will be ineligible for loan waiver sc
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 28 (ANI): Farmers whose crop loan and restructured loan exceeds Rs two lakh will be ineligible for the Mahatama Jyotirao Phule Farmer Loan Waiver Scheme, Shivsena-led Maha Vikas Aghadi government said in a Government Resolution (GR) here on Saturday.
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Manappuram Finance to raise Rs 350 crore for exploiting growth opportuniti
Updated : 6 years, 2 months ago IST
Thrissur (Kerala) [India], Dec 26 (ANI): Manapurram Finance said on Thursday that its financial resources and management committee of the board of directors has approved issuance of private placement of rated, secured and redeemable non-convertible debentures having face value of Rs 10 lakh
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Farmers' loans upto Rs 2 lakh to be waived off: Maharashtra CM
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 21 (ANI): Maharashtra Chief Minister Uddhav Thackeray on Saturday announced that state farmers' loans up to Rs 2 lakhs will be waived off under Mahatma Jyotiba Phule Shetkari Karjamukti Scheme.
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BoB shares slide by 2.9 pc after reports of under-reported bad loans
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 18 (ANI): Shares of government-owned Bank of Baroda (BoB) fell by 2.93 per cent on Wednesday morning after the Reserve Bank of India (RBI) found that it had under-reported bad loans by Rs 5,250 crore in the financial year 2018-19.
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Kerala: Farmer commits suicide for not being able to pay bank loans
Updated : 6 years, 3 months ago IST
Thrissur (Kerala) [India], Dec 17 (ANI): A farmer, who lost his crops in the last devastating floods, committed suicide allegedly for being unable to pay the loans taken from different banks.
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