December 21, 2013
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New Delhi, Dec. 19
The Cabinet Committee on Economic Affairs on Thursday approved Rs 6,600 crore interest free loans to the beleaguered sugar mills to ease their cane payment burden, said Food Minister K.V. T...
New Delhi, Dec. 16
Asks Ministry to convince Maharashtra power distributor to clear pending dues »
New Delhi, Dec 15
The Japanese government has offered a special loan of $1.5 billion for Delhi-Mumbai Industrial Corridor (DMIC) project for a period of 40 years.
“Government of Japan has offered a special...
Kolkata, Dec. 6
To encourage bankers to lend to MSME sector under the Pradhan Mantri Employment Generation Programme, the Ministry for Micro, Small and Medium Enterprises has called for a meeting of the h...
New Delhi, Dec 6
The Ministry for Micro, Small and Medium Enterprises (MSME) has called a meeting of heads of various Indian banks on Monday to find ways to speed up advances and timely credit flow, the MSME Minis...
Mumbai, Dec. 4
‘Wrong notion’ that credit risk in lending to this sector is high
New Delhi, Nov 25
There is a need to ensure easier access to credit and modern technology to boost the coir industry, President Pranab Mukerjee said here on Monday.
Inaugurating the Diamond Jubilee...
New Delhi, Nov. 20
Instead of extending subsidy, Govt to bear 8% of interest »
Mumbai, Nov 18
To give Rs 5,000-cr refinance to SIDBI; bank credit to medium units under priority ambit
Thiruvananthapuram, Dec. 20
Kerala Gramin Bank, the only public sector bank owned by the State Government, has come out with Grihodaya, a new retail loan scheme for home and vehicles. V.S. Sivakumar, Minister for H...
New Delhi, Dec 18
The Cabinet is likely to consider tomorrow a proposal on providing interest-free loans of Rs 7,200 crore to the cash-starved sugar industry for making sugarcane payment to farmers. “The pro...
New Delhi, Dec 16
State-owned India Infrastructure Finance Company Ltd (IIFCL) today said it would disburse Rs 5,500 crore loans to various infrastructure projects in four months.
“The loan disbursement ta...
New Delhi, Dec. 11
Capital formation in agriculture sector can be even more if the Government were to provide interest subvention on term loans to farmers, SBI Chairperson Arundhati Bhattacharya has said. The curren...
December 6, 2013
The State Bank of India asking its officers to meet loan-seekers only at its branches appears to be a little unrealistic. Meeting the prospective borrower at his place of stay/bu...
Visakhapatnam, Dec 6
Bankers have expressed willingness to lend under the Credit Guarantee Trust for Micro, Small Enterprises (CGTMSE) scheme, but have urged the entrepreneurs to come forward with soun...
Mangalore, Nov. 30
Corporation Bank has sanctioned more than Rs 3,000 crore from April to October through its SME (small and medium enterprises) loan centres in the country.
A press statemen...
Chandigarh, Nov 22
Over 1,000 onion farmers in Haryana will now have access to credit support through banks against warehouse receipts with first onion storage facility in the state getting WDRA accreditation.»
Mumbai, Nov 20
With a focus on priority sector and retail segment, Dena Bank organised a two-day credit camp sanctioning 888 loan proposals worth Rs 89.44 crore to the priority sector comprising borrower...
Mumbai, Nov 17
Troubles of debt-laden ABG Shipyard will continue for a while as some of the 22 lenders have opposed the country’s largest private shipbuilder’s proposal to restructure its Rs 11,150-crore loan, a...