MONEY & BANKING
FARM CREDIT
Top bank officials visit rural branches
Senior executives of two Kolkata-based banks — Allahabad Bank and United Bank of India — have started visiting rural branches as a step towards the implementation of the agricultural debt waiver and debt relief scheme. Mr A.C. ...
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REGIONAL RURAL BANKS
Maruti taps Regional Rural Banks as private banks reduce financing
New Delhi, June 7 Maruti Suzuki is forging more tie-ups with regional rural banks (RRBs) as it seeks to expand its presence in the rural areas. It is now even encouraging its dealers to tie up with regional rural banks with the private ...
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HOUSING FINANCE
Reaching the ‘unserved and under-served’
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Home loan rates
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NHB talking to insurance cos to sweeten reverse mortgage
Pushes for monthly payments even after scheme tenure ends
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Claiming deductions from two housing loans Tax Talk
I purchased a house in 2001 under a loan, for which I am still paying the EMI. I have now purchased another house, in which I now stay, with the help of another loan. The principle repayment and the ...
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PUBLIC SECTOR BANKS
Bank of India, IOB implement debt waiver scheme
Timely boon to distressed farmers, says BOI chief
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INTEREST RATES
FOLLOW THE MONEY
Inflation stokes rate fears again
Two out of three Asian major indices ended up in the red this week as soaring oil prices, inflation worries and a falling dollar compelled shaky investors to sell stocks. Foreign investors sold equities worth $879 million in India, $377 ...
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FICCI calls for easing of monetary policy
New Delhi, June 7 Anticipating a further tightening of the monetary policy in the wake of inflation touching a new high of 8.24 per cent for the week ended May 24, FICCI has cautioned that the central bank must take a balanced view of the ...
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CREDIT MARKET
How to fund your education
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MERGERS & ACQUISITIONS
Search resumes
The government-controlled financial institution, IFCI, has informed that a meeting of its Board of Directors will be held on June 12 to take a further view on the induction of strategic investor. It had rejected a proposal on December last ...
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