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Latest Articles in loans

Banks Have Given Rs 6 Lakh Cr Mudra Loans To 12 Cr Beneficiaries: PM

Unlike the loan melas organised by previous governments, he said that the Pradhan Manrti Mudra Yojana (PMMY) has helped and encouraged people to tread the unconventional path, fulfil their dreams and generate jobs for others by setting up small businesses

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Blockbuster Initiatives

The attempt to increase farm incomes ... will enable farmers to service loans

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RBI Notifies Revised Framework To Deal With Bad Loans

The new guidelines have specified framework for early identification and reporting of stressed assets

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Government To Provide Rs 2000 crore Interest-Free Loans To Five IITs and One NIT

The institutions which will receive funding are IIT Bombay, IIT Delhi, IIT Madras, IIT Kharagpur, IIT Kanpur and NIT Suratkal

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R'sthan Govt Aims Rs 75,000 Cr Interest-free Loans To Farmers

Interest-free loans worth Rs 57,000 crore have already been disbursed among farmers in the last three- and-a-half years in the state, says Vasundhara Raje

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Scandal-Hit Kobe Steel Seeks Loans, Shareholder Offers Support

Kobe Steel Ltd is seeking 50 billion yen ($440 million) in loans from banks, a banking source said on Monday, while a shareholder said it was ready to offer support as the company grapples with a scandal over falsified product specifications.

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RCom Shares Rise After Debt Deal With Lenders

Shares in Reliance Communications rose as much as 4.6 per cent after the debt-laden mobile carrier said it won a seven-month reprieve on its loans from lenders

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Small Businesses Suffer As India's Bruised Banks Sit On Deposits

A mountain of bad debt in India's banking system has led to a prolonged credit crunch that is inflicting most pain on small-and medium-sized enterprises

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5 Ways To Accelerate Your Savings

Here are five simple tips to help you accelerate your savings and create wealth

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3 Reasons Why Investors Stop Their Goal-Linked SIPs

With assets under management nearing the 1.8 trillion mark, and the number of active SIPs crossing 1.25 crore recently, the Indian mutual fund industry has been picking up pace lately

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Loans, Card Payments Above Rs 2 Lakh In Cash To Be Shown In Income Tax Return Form

All cash payments of over Rs 2 lakh for paying loans and credit card bills during the 50-day period post demonetisation will have to be disclosed in the new one-page Income Tax return form

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Govt To Amend EPF Scheme To Enable Members Buy Homes

Government will amend EPF scheme to enable around 4 crore members of retirement fund body EPFO to withdraw up to 90 per cent of their fund for making down payments while buying homes

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Your Financial 'To Do' List Before You Turn 40

With interest rates ranging from 12-15 per cent on education loans, it would be wise to start making monthly provisions towards your child’s higher studies.

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United Bank Of India Slashes Lending Rate By Up To 0.90 Per Cent

Public lender United Bank of India slashed its benchmark lending rate by up to 0.90 per cent, joining others such as State Bank of India, ICICI Bank, HDFC Bank and Punjab National Bank

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Air India In Rough Weather, Seeks Loans To Meet Working Capital Needs

Facing financial headwinds, Air India is in discussions with public sector banks to seek working capital loans to tide over cash paucity which also caused delay in December salary payments to a section of employees

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