Loan

Dewan Housing Yet To Decide On Stake Sale

Business | Thomson Reuters | Monday February 18, 2019

Earlier this month, the home loan provider said it was keen to sell assets and some of its businesses to improve liquidity.

Reliance Group Reaches Agreement With Lenders

Business | Indo-Asian News Service | Sunday February 17, 2019

The Anil Ambani Group will pay the principal and interest to the lenders as per the scheduled due dates specified in the loan agreements, it said.

Finance Ministry To Discuss Interim Dividend, Small Businesses Loan Issue With RBI

Business | Indo-Asian News Service | Sunday February 17, 2019

Last month, RBI Governor Shaktikanta Das had said the central bank was yet to take a decision on dividend.

LIC May Infuse Up To Rs 12,000 Crore In IDBI Bank

Business | Indo-Asian News Service | Friday February 15, 2019

Gross bad loans as a percentage of total loans stood at 24.72 per cent at end-December compared with 24.98 per cent in the previous quarter.

After Kashmir Attack, Priyanka Gandhi Vadra's Press Conference Cancelled: Highlights

India News | Edited by Aditi Ghosh | Thursday February 14, 2019

Prime Minister Narendra Modi will visit Uttarakhand and Rudrapur today to launch the State Integrated Cooperative Development Project. He will distribute loan cheques to beneficiaries Deen Dayal Upadhya Farmers Welfare Scheme.

Jet Airways Poised To Get Rs 600-Crore Emergency Loan

Business | Saloni Shukla and P R Sanjai, Bloomberg | Thursday February 14, 2019

Etihad, Naresh Goyal and SBI have been holding talks for weeks over a rescue deal for the carrier that hasn't seen a profit for nine of the past 11 years in the face of cutthroat competition.

IMF Ready To Support Pak, Christine Lagarde Says After Meeting Imran Khan

World News | Agence France-Presse | Sunday February 10, 2019

International Monetary Fund chief Christine Lagarde on Sunday met Pakistani Prime Minister Imran Khan and assured him that IMF stands ready to support his country.

SBI Reduces Interest Rates On All Home Loans Up To 30 Lakh Rupees

Business | Indo-Asian News Service | Saturday February 9, 2019

In a surprise move on Thursday, the RBI not only lowered its key lending rate by 25 basis points (bps) to 6.25 per cent but also turned accommodative.

Tycoons Got Crores, Farmers Just Rs 17 A Day Under PM Modi: Rahul Gandhi

India News | Edited by Jimmy Jacob | Friday February 8, 2019

The Narendra Modi government announced monetary support of a mere Rs 6,000 per year for small and marginal farmers while "writing off" loans amounting to Rs 3.5 lakh crore for 15 big industrialists, news agency PTI quoted Congress president Rahul Gandhi as saying on Friday.

Karnataka Released Rs 5,450 Crore For Farm Loan Waiver: Chief Minister

Karnataka News | Press Trust of India | Friday February 8, 2019

The JDS-Congress government in Karnataka has released Rs 5,450 crore so far towards farmers loan waiver scheme, Chief Minister HD Kumaraswamy said today.

Banks Unlikely To Match RBI's Rate Cut Any Time Soon: Report

Business | Thomson Reuters | Friday February 8, 2019

Banks price their benchmark loan rates, known as the marginal cost of funds based lending rate (MCLR), mainly based on the cost of deposits.

RBI Raises Collateral-Free Farm Loan Limit

Business | Press Trust of India | Thursday February 7, 2019

The central bank also decided to set up an internal working group (IWG) to review agricultural credit and arrive at a workable policy solution.

RBI Raises Collateral-Free Farm Loan Limit From Rs 1 Lakh To Rs 1.6 Lakh

India News | Press Trust of India | Thursday February 7, 2019

The Reserve Bank of India or RBI today raised the limit of collateral-free agricultural loans to Rs 1.6 lakh from the current Rs 1 lakh with a view to help small and marginal farmers.

RBI To Set Up Working Group To Examine Agricultural Loan Issues: Report

Business | Thomson Reuters | Thursday February 7, 2019

The move comes days after government pledged 75,000 crore rupees to support poor farmers and reduced the tax burden for the middle class.

Loans May Get Cheaper As Shaktikanta Das-Led RBI Cuts Key Lending Rate

Business | NDTV Profit Team | Thursday February 7, 2019

In a surprise move, the Reserve Bank of India (RBI) on Thursday reduced the repo rate by 25 basis points or 0.25 per cent. The central bank also changed its policy stance to "neutral" from "calibrated tightening". The repo rate - which is the key interest rate at which the RBI lends short-term funds to commercial banks - now stands at 6.25 per cent...