Tag Archives: loans

Although new cases under India’s insolvency law have been suspended for six months, lenders have the RBI’s stressed assets resolution framework released on June 7 last year to appeal, said Rajnish Kumar, chairman of the State Bank of India (SBI). In June, President Ram Nath Kovind signed an ordinance suspending …

MUMBAI: The Reserve Bank of India (RBI) has revised its Priority Sector Lending (PSL) rules to boost flows of funds to districts that have been foreclosed and has doubled its cap for healthcare infrastructure to Rs 10 crore and for renewable energy to Rs 30 crore. According to the new …

Over the past few weeks, there has been a heated discussion between the central and state governments about offsetting the goods and services tax (GST). The Center had assured states compensation for any shortfall in tax collection through 2022. Mint explores the issue. Why is tax revenue so stressed? Tax …

[ad_1] NEW DELHI: Secretary General of Congress Priyanka Gandhi Vadra on Wednesday he wrote to the UP prime minister Yogi Adityanathlooking for zero interest at home loans taken advantage of by the poor and the middle class and also renounces power farmer bills for four months. in a letter to …

[ad_1] The Reserve Bank of India (RBI) has indicated that it will relax banks in branch audit for 2019-20 as they face branch network management challenges due to blocking of the coronavirus. RBI Governor Shaktikanta Das met Saturday with the heads of major banks, both public and private, in two …

[ad_1] New Delhi / Mumbai: Government of India has put forward a proposal to guarantee loans to small businesses by financial institutions as it seeks to boost business when the coronavirus blockade begins to ease, a government source and two said bank officials. “Up to 100% of the loans granted …

[ad_1] By Siddhartha Singh India is considering a proposal to guarantee up to Rs 3 trillion ($ 39 billion) of loans to small businesses as part of a plan to restart Asia’s third-largest economy, which is teetering under the impact of a 40-day blockade. , people with knowledge of the …

[ad_1] By Siddhartha Singh India is considering a proposal to guarantee up to Rs 3 trillion ($ 39 billion) of loans to small businesses as part of a plan to restart Asia’s third-largest economy, which is teetering under the impact of a 40-day blockade. , people with knowledge of the …

[ad_1] MUMBAI / NEW DELHI : The Indian government has stepped up efforts to push state banks to boost lending and has required lenders to submit a daily report detailing the volume and scale of sanctioned loans, according to industry sources and documents seen by Reuters. The finance ministry, in …