'HumWapasAayenge': Kashmiri Pandits' tweets pledge to return home
On January 19, 1990, lakhs of Kashmiri Pandits were forced to leave their homes in the Valley following a genocidal campaign launched by the terrorists. Noted political commentator Sunanda Vashisht tweeted a throwback image of herself and said that resolve to go back home has strengthened more.
Cheaper loans for exporters in the works
The commerce department has proposed giving rupee credit to exporters at around 7.5% rate of interes...
Unitech promoters diverted money of home-buyers and banks to off-shore tax havens: Audit report
Forensic audit of Unitech, done on SC's order...
Bengal to skip Home Ministry meet on Census & NPR
The representatives of all states and Union territories, except West Bengal, are expected to attend the Friday’s meeting convened by the Union home ministry to discuss the modalities for the census and the National Population Register (NPR).
India's gold loan market to touch Rs 4,617 billion by 2022
"Moving forward, these companies are expected to focus on optimising their asset utilisation and leveraging their existing branch infrastructure to maximize the branch-level AUM and customer outreach," KPMG India said in the report 'Return of gold financiers in India's organised lending market'.
Alarmed RBI seeks govt relief for telcos to avoid bad loans
Banks like YES, IndusInd, SBI, ICICI and PNB appear to have high exposures to Vodafone Idea.
ETRise Top MSMEs Ranking: Inaccurate that MSMEs don’t get finance easily, says banking official
In a panel discussion under ETRise Dialogue, a top official of the Union Bank of India said that MSMEs were getting loans sanctioned by banks, especially under the PSB loans in 59 minutes. The Bank, he said, was proactive in MSME funding.
World Bank approves Rs 630 crore loan to Assam Inland Water Transport
Under the Assam Inland Water Transport Project (AIWTP), the infrastructure of passenger ferry services will be improved and the capacity of institutions running the inland water transport will be strengthened. Better-designed terminals and energy-efficient vessels will make the ferry services more sustainable with least disruption to nature.
Banks loan growth at 7.5% in fortnight to Jan 2: RBI data
In the previous fortnight ended December 20, credit had grown by 7.10 per cent to Rs 99.47 lakh crore and deposits had increased by 10.09 per cent to Rs 130.08 lakh crore. On a year-on-year basis, banks' credit growth slowed to 7.2 per cent to Rs 86.73 lakh crore in November 2019 from 13.8 per cent to Rs 80.93 lakh crore in the year-ago period.
Indian govt's outstanding loans from RBI at $8.53 bln in week to Jan. 10
State governments had 75.89 billion rupees loans from the RBI in the week ended Jan. 10, compared with 53.04 billion rupees in the previous week, the release showed.
Unsecured consumer loans grow most, credit card dues at Rs 1L crore
Unsecured loans are growing even as secured retail advances such as auto loans, loans against property (LAP) and home loans saw moderate rates of balance growth at 10.3%, 11.6% and 10.0%, respectively, according to TransUnion CIBIL’s Q2FY20 Industry Insights Report.
Ex-J&K minister’s son held for duping bank to buy homes abroad
Hilal Ahmed Rather, the son of three-time National Conference MLA Abdul Rahim Rather, was picked up from Jammu after an investigation into allegations that he used his father's influence as finance minister in the Omar Abdullah government in 2012 to get multiple loans sanctioned in the name of business ventures.
HDFC Bank Q3 results preview: All eyes on slippages in auto, agri sectors
Motilal Oswal expects the bank to report a 24 per cent YoY jump in profit to Rs 6,950 crore.
Will Bru-Reang refugee crisis end with the fresh agreement?
Bru-Reang representatives signed an accord with the Union Government and state governments of Tripura and Mizoram on Thursday. The 'historic...
House break-in incidents 11 times more than cybercrimes. How safe is your home?
Over 60% of India’s youth is unprepared to deal with home and digital safety.
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