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ask banks to fast-track crop loan disbursal: maha cm to centre




maharashtra chief minister devendra fadnavis today wrote a letter to the centre, demanding that all banks in the state be directed to expedite the process of disbursing crop loans to farmers.in the letter to finance minister piyush goyal, he said said it is the peak time for kharif crops and the cen...



pnb scam: jewellers face working capital crunch as banks make loans harder




jewellery manufacturers and retailers have started facing a working capital squeeze, due to intensified scrutiny of the sector from banks, with multiple numbers of officials needed now to sanction loans. this follows the rs 127-billion punjab national bank (pnb) scam, involving nirav modi and nehul ...



loan waiver disbursal starts tomorrow in maharashtra




the disbursal of money for the loan-waiver scheme for farmers of maharashtra would begin on wednesday."from tomorrow, we are starting the disbursal for the chhatrapati shivaji maharaj krishi samman yojana," chief minister devendra fadnavis told reporters on tuesday, during the customary diwali lunch...



siddaramaiah requests pm to waive crop loans of farmers




karnataka chief minister siddaramaiah today requested prime minister narendra modi to waive the crop loans availed by farmers from commercial, private and regional rural banks (rrbs). in a letter informing him about the state government waiving the crop loan availed through co-operative banks, he po...



centre to make loans cheaper for farmers




the centre on wednesday decided to make loans cheaper for farmers. the decision comes in the wake of farmer unrest in several states.under a proposal approved by the cabinet, the centre will provide a subsidy of up to 5% on farm loan interest, sources said. a 2% subsidy on interest will be given on ...



four poll-bound states announce a slew of measures to woo farming community




four big states heading for legislative assembly elections in a few months have all announced a slew of measures to woo the farming community. crop loan waivers, bonuses on procurement and direct fund transfers for dryland agriculture are among the measures announced by bharatiya janata party-ruled ...



banks struggle with farm loan target due to waivers, may lean on psl certs




with agriculture lending growth remaining muted, banks are struggling to meet year-end targets in this department. so far this year, growth of farm loans by banks has remained flat at 0.6 per cent, compared with 3.2 per cent last year. banks are facing a peculiar sitution in which, on the one hand, ...



karnataka's farm loan waiver likely to cost the exchequer rs 250 billion




the farm loan waiver announced by b s yeddyurappa, the newly sworn-in chief minister of karnataka, might end up costing the state exchequer rs 250 billion, government officials told business standard. the modalities of the scheme will be worked out in the coming days. the state’s finance departmen...



a snapshot of home loan charges by different banks




here's how the home loan fees and terms of top banks and nbfcs stand last updated at may 10, 2018 12:44 isthttp://mybs.in/2vmqowbcopy: personal loan chargesinfogram first published: thu, may 10 2018. 12:38 ist advertisements



muthoot finance to sbi, interest cost can differ widely for gold loans




* banks and nbfcs can't give a loan-to-value ratio of more than 75 per cent * choose a tenure that suits your repayment capability * banks are likely to offer you a lower interest rate, but nbfcs may provide faster disbursal and ask for fewer documents * understand the repayment mechanism—whether ...



karnataka govt waives co-op farm loans




bowing to pressure from opposition parties, chief minister siddaramaiah on wednesday announced waiver of short-term crop loans to the tune of rs 8,167 crore availed by farmers from co-operative banks in the state. about 22.27 lakh small farmers who had availed up to rs 50,000 loan from co-operative ...



a change of stance on psu banks




until recent months, most policymakers seemed to be convinced that psu banks (that is, majority government-owned banks) did not need to grow. they argued that there was abundant banking capacity: bond markets were expanding, non-banking finance companies (nbfcs) and newly licensed small finance bank...



govt going in 'wrong direction' to check farmers' suicide: sc




the supreme court today expressed grave concern over farmers' suicide due to indebtedness and crop failure and said it felt the government was going in a "wrong direction" in tackling the real problem.asking the centre to apprise it of the policy roadmap to address the burning issue, a bench headed ...



farm loan waiver scheme: maha govt releases rs 4,000 cr in phase 1




the maharashtra government has released a sum of rs 4,000 crore under the first phase of the over rs 34,000 crore farm loan waiver scheme, chief minister devendra fadnavis announced on wednesday.disbursal, in the first phase, will cover more than 8 lakh farmers, fadnavis said as he listed initiative...



india urges adb to reduce time lag in loan approval and disbursal




press trust of india  |  yokohama [japan]  may 7, 2017 last updated at 11:12 ist



centre not to help states with farm loan waivers




amid growing protests by farmers demanding loan waivers, finance minister arun jaitley on monday ruled out any help from the centre on farm loan write-offs to states.“i have already made the position clear that states which want to go for these kind of schemes will have to generate them from their...



in maha assembly & ls, oppn tries to pin down bjp on farm loan waiver




archis mohan  |  new delhi  march 16, 2017 last updated at 20:41 ist



an irish model that forgives part of debts to banks | business




local banks have another instrument at their disposal in their efforts to tackle the issue of nonperforming loans, and particularly the mortgages that form the bulk of the problem for greek households.the new tool is a model that has already been extensively implemented by irish banks with absolutel...



maha oppn demands sbi chief's apology for statement on farm loan waivers




sanjay jog  |  mumbai  march 17, 2017 last updated at 02:30 ist



two-wheeler segment grows as nbfcs capture larger market share




two wheeler finance loan book in december 2017 grew 32% year-on-year over december 2016 and 60% over march 2016. non-banking finance companies (nbfcs) continued to dominate the portfolio in fy 17-18 as their market share grew to 67% from 60% in fy 2015-16. private banks saw a drop in market share to...



a snapshot of personal loan charges




here's how the personal loan fees and terms of top banks and nbfcs stand last updated at may 3, 2018 17:03 isthttp://mybs.in/2vmnacopersonal loan chargesinfogram first published: thu, may 03 2018. 16:26 ist advertisements



uddhav thackeray asks sena mlas to stall maha legislature over loan waiver




press trust of india  |  mumbai  march 14, 2017 last updated at 01:08 ist



banker demands sex from farmer's wife to clear crop loan in maharashtra




while the bank was closed, the protestors broke the bank's board and painted its wall black. later on, police arrested few workers of the party.the swabhimani shetkari sanghatana staged a protest in front of the datala branch of central bank of india on saturday after the bank manager and his peon a...



esm to decide on disbursal of one billion euro tranche




1 thursday, june 07, 2018 searchenglishελληνικάthe board will discuss the greek government’s progress in arrears clearance and in implementing online auctions of foreclosed propertiesthursday, june 07, 2018the board of directors of the european stability mechanism (esm) is scheduled to dec...



pnb's fy17 fund-based exposure to jewellery sector at 0.6% of loan book




punjab national bank (pnb) that has been at the centre of the rs 114 billion fraud perpetrated by nirav modi had a fund and non-fund based exposure (as a percentage of loan book) at 0.6% and 0.1% respectively in fy17, suggests a recent edelweiss securities report on the sector co-authored by kunal s...