Loan

Budgetary Allocation For Interest-Free Education Loans To Be Hiked: Prakash Javadekar

Education | Press Trust of India | Monday September 24, 2018

The annual budget to provide interest-free loans to 10 lakh students would be increased to Rs 2,200 crore in next three years, said Union HRD Minister Prakash Javadekar.

Karnataka Farmer, Three Family Members Commit Suicide Over Unpaid Loan

Karnataka News | Reported by Nehal Kidwai, Edited by Jimmy Jacob | Sunday September 23, 2018

Four members of a sugarcane farmer's family committed suicide by consuming poison at Sunkatonnuru village in Karnataka's Mandya district on Saturday.

BRICS Bank Approves $525 Million Loan For Infra Projects In Madhya Pradesh

India News | Press Trust of India | Thursday September 20, 2018

The New Development Bank (NDB) of the BRICS countries has approved a $525 million loan to Madhya Pradesh for infrastructure projects, it said on Thursday.

32 Bonded Labourers, Exploited For 7 Years, Rescued From Tamil Nadu

Tamil Nadu News | Written by J Sam Daniel Stalin | Wednesday September 19, 2018

Thirty two bonded labourers, 11 of them being children, were rescued from a sugarcane field in Tamil Nadu's Cuddalore district on Tuesday. They were allegedly exploited for seven years over a Rs 50,000 loan taken from an agent, who has been arrested.

Banks' Bad Loan Provisions May Stay High Till Fiscal 2020: Report

Business | Press Trust of India | Monday September 17, 2018

The outlook on private sector banks, along with SBI and Bank of Baroda among the state-run ones is stable, while all the other state-run banks carry a negative outlook, IndiaRatings said.

Taking Strong Measures To Recover Dues From Vijay Mallya, Says SBI

India News | Press Trust of India | Friday September 14, 2018

The country's biggest lender State Bank of India (SBI) today said there was no laxity on its part in dealing with loan default by now defunct Kingfisher Airlines of fugitive liquor baron Vijay Mallya.

In Loan Fraud, Court Orders Attachment Of NCP Leader's Properties

India News | Press Trust of India | Friday September 14, 2018

A court in Maharashtra's Beed district has ordered the attachment of the properties of senior Nationalist Congress Party leader Dhananjay Munde in connection with a cheating case lodged against him for allegedly duping a cooperative bank.

In 5000 Crore Loan Fraud, Probe Agency Opposes Bail Plea Of Accused

India News | Press Trust of India | Thursday September 13, 2018

A Delhi court on Thursday reserved for tomorrow its order on the bail application of a man arrested in a bank loan fraud case of over Rs 5,000 crore involving a Gujarat-based pharma firm.

PNB Puts 21 Bad Loan Accounts On Sale To Recover Rs 1,320 Crore

Business | Indo-Asian News Service | Thursday September 13, 2018

A PNB spokesperson said on Thursday that "the submission of financial bids will be only through e-auction which will take place on the bank's portal on September 20."

DMK Expels Leader Seen On Video Kicking Woman In Beauty Parlour

Cities | Reported By J Sam Daniel Stalin, Edited By Vaibhav Tiwari | Thursday September 13, 2018

A former DMK councilor was caught on CCTV kicking a woman repeatedly at a beauty parlour in Tamil Nadu's Perambalur district. The accused has been arrested.

"Seems Rahul Gandhi Owned Kingfisher Airline By Proxy": BJP Hits Back

India News | Edited by Anindita Sanyal | Thursday September 13, 2018

The political battle over Vijay Mallya's yesterday's claim of meeting Union Minister Arun Jaitley raged since morning, with the BJP alleging that it was the Congress and the Gandhi family who were close to the fugitive liquor baron. The BJP said it appears that Congress chief Rahul Gandhi owned the now defunct Kingfisher Airline by proxy and there ...

"Jaitley-Mallya Meeting Lasted 15-20 Minutes, Check CCTV": Congress MP

India News | Reported by Sunil Prabhu, Edited by Deepshikha Ghosh | Thursday September 13, 2018

Fugitive tycoon Vijay Mallya and Finance Minister Arun Jaitley were witnessed by a Congress leader having a discussion in parliament, Rahul Gandhi alleged today. "Arun Jaitley is lying, Congress leader PL Puniya witnessed his meeting with Vijay Mallya," Rahul Gandhi said a day after the finance minister rubbished Vijay Mallya's claim that he had me...

Didn't Think Vijay Mallya Was Flight Risk: CBI On Diluted Lookout Notice

India News | Reported by Neeta Sharma, Edited by Deepshikha Ghosh | Thursday September 13, 2018

A lookout notice against Vijay Mallya, calling for his detention on sight at airports, was diluted months before he left India for the UK in the middle of loan fraud investigations against him. After the fugitive businessman's sensational claim about meeting Finance Minister Arun Jaitley before leaving, questions have been raised about the notice a...

Hardik Patel Breaks Fast, Says Won't Oblige Enemies By Dying

India News | Edited by Jimmy Jacob | Wednesday September 12, 2018

Patidar leader Hardik Patel, who was on an indefinite hunger strike demanding reservation for Patidars and loan waiver from farmers, broke his fast after 19 days, saying he would not play into the hands of those who want to kill him.

Don't Start Insolvency Proceedings Against Power Firms: Supreme Court

India News | Press Trust of India | Tuesday September 11, 2018

The Supreme Court on Tuesday asked banks to maintain status quo and not to initiate insolvency proceedings against loan defaulting power companies in the country.