It added that it will seek parliament's permission for grants to enable the move.
October 3, 2020The top court has granted one-week time to Solicitor General Tushar Mehta to file an affidavit clarifying Centre's stand and posted the matter for further hearing on September 1.
August 26, 2020Member 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, 2020In a Right to Information or RTI response to activist Saket Gokhale released on Tuesday, the RBI said that outstanding loans amounting to Rs 68,607 crore taken out by the 50 firms have been written off till September 30, 2019.
April 29, 2020A consortium of Indian public sector banks led by the State Bank of India had sought a bankruptcy order against Vijay Mallya as part of efforts to recoup around GBP 1.145 billion of unpaid loans from him.
April 10, 2020The RBI made it clear that this will not affect the credit history of people and neither will it let to asset classification.
March 27, 2020So far, about Rs 1,574 crore has been disbursed to sugar mills under various assistance schemes.
February 25, 2020The Mudra scheme was launched in 2015 for providing small loans to income generating small enterprises in manufacturing and services.
December 10, 2019The interest rate on the new home loan and auto loan variant will be directly linked to the repo rate and thereby help in quick monetary transmission.
August 30, 2019This is the fourth reduction in repo rate during 2019.
August 7, 2019MCLR for one-month loan and 6-month tenor has been reduced by 0.10 per cent to 8.35 per cent and 8.60 per cent, respectively.
June 11, 2019Amid reluctance by banks to pass on the benefits of lower lending rate, RBI Governor Shaktikanta Das on Thursday said the central bank would make sure that transmission of reduced repo rate would be faster and higher.
June 6, 2019Looking forward, the bank is well-positioned on the back of strong business growth, capital and liquidity, and the ability to charge spreads to be in leadership positions, SBI said in its annual report 2018-19. In the financial year ended March 2019, SBI posted a standalone profit of Rs 862 crore and a consolidated profit of Rs 2,300 crore.
June 4, 2019The partnership aims to make it possible for HDFC to further penetrate the home loan market and access an enlarged customer base, helping them to own a home of their choice, HDFC said.
May 15, 2019This is the second consecutive rate cut from RBI under new chief Shaktikanta Das, after a surprise rate cut in February.
April 4, 2019"In fact, Pakistani Finance Minister Shamshad Akhtar made a clarification on this matter, stressing that Pakistan will continue with CPEC construction," Hua said.
July 11, 2018The Pradhan Mantri MUDRA Yojana (PMMY) was launched on April 8, 2015, for providing loans upto 10 lakh to the non-corporate, non-farm small/micro enterprises. PMMY is a flagship scheme of Government of India to “fund the unfunded” by bringing such enterprises to the formal financial system and extending affordable credit to them. ELIGIBILITY: Any …
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April 11, 2018