Tag: Loan
17 Results
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Pakistan’s total debt surges to Rs 12 trillion in first quarter
In the fiscal year, 2022-2023, in July-September the debt and liabilities stood at Rs 62.46 trillion which is more than the same period of last fiscal year,
November 18, 2022 -
Shell company proprietor held from Ghaziabad in fake loan App scam
IWT India operated as a shell company to divert the money. Its proprietor Saifi used to get a small commission for it. It was further ascertained that several crores of rupees have been transacted through the account of IWT India. The account holder Mohd Javed Saifi could not explain this huge transaction, it stated.
May 6, 2022 -
SBI announces various offers for home loan borrowers
The 6.70 per cent home loan offer is also applicable to balance transfer cases, he said.
September 16, 2021 -
‘Last chance to come up with plan’: SC gives two weeks to Centre in loan moratorium case
Centre told the Supreme Court that considerations are taking place at the highest level with the banks and other stakeholders for relief.
September 10, 2020 -
Roll out loan recast scheme by 15 Sep: FM to banks
"Quick implementation of a sustained resolution plan by lenders for revival of every viable business," reads the statement issued by the finance ministry.
September 4, 2020 -
Moratorium on loan repayment extendable by 2 yrs: Centre, RBI to SC
Elaborating on the extendable moratorium, the ministry said this extended moratorium becomes part of an individualised solution for a borrower and is made available along with other interventions.
September 2, 2020 -
Loan moratorium period can be extended by two years: Centre tells Supreme Court
Solicitor General Tushar Mehta urged the court to allow the Centre to discuss the issue with the central bank and the bankers’ association and arrive at a solution on the issue of waiving the “interest on interest” during the loan moratorium period.
September 1, 2020 -
HP providing loans to minorities on cheaper rates for self-employment
Member of the Board of Directors and Additional Chief Secretary Social Justice and Empowerment Nisha Singh and other senior officials were present in the meeting.
July 15, 2020 -
ADB approves $1.5 billion loan to India to support its fight against COVID-19 crisis
The loan amount will focus on immediate priorities such as disease containment and prevention, as well as social protection for the poor and economically vulnerable sections of the society, especially women and disadvantaged groups.
April 28, 2020 -
Beware of EMIs deferment fraud amid COVID-19 lockdown
Such scamsters have now come up with a new method to dupe gullible citizens by sending them OTPs.
April 7, 2020 -
Truck operators want waiver in loan EMIs, say sector going through critical phase
The industry is crippled with poor income and the operators are facing difficulties in running their businesses. Paying the full EMI amount is becoming difficult for us. On failure of EMI payment, the financiers are taking back the vehicles from the operators: Sajal Ghosh.
November 6, 2019 -
World bank approves USD 722 million loan for Pakistan
The projects have been approved in light of the findings of the Karachi Transformative Strategy which estimated that infrastructure needed spending worth USD 9-10 billion over a period of next 10 years for the city to develop.
June 30, 2019 -
Loan without interest
In the context of the controversy in Madhya Pradesh, Chhattisgarh and Rajasthan, the Biju Janata Dal government has abjured the farm-loan waiver.
December 24, 2018 -
Gurgaon: Man kills job partner, chops body, slits wife’s throat for rethinking suicide plan
The accused Harnek Singh had taken a loan from Jaskaran Singh but despite repeated reminders, refused to pay him back.
October 27, 2018 -
SBI looks at over Rs 40,000 crore recovery in FY19
Under IBC the lender's exposure in the first list of stressed accounts as referred by Reserve Bank of India was Rs 48,000 crore
June 9, 2018 -
Odisha Govt to activate joint liability farmers’ group
Odisha government has decided to activate joint liability groups of farmers, increase number of such groups and make it mandatory for primary cooperative societies to extend loan at one percent interest up to Rs 50,000 to at least 10 such groups. The groups were existing since long after Nabard had given such a proposal on...
May 12, 2018 -
When Lal Bahadur Shastri took a loan from PNB
Banks have all kinds of customers. There are some customers who obtain loans amounting to thousands of crores of rupees but fail to pay the loan back. Then there are others who take very small loans – probably a few thousands of rupees – but pay the entire amount back. Those in the latter category...
February 22, 2018