SEARCH

Spin-off effect likely from loan waiver

Share  ·   print   ·  
Mr Rana Kapoor CEO & Managing Director, YES Bank
Mr Rana Kapoor CEO & Managing Director, YES Bank

The Rs 60,000 crore debt waiver should set off a tremendous spin-off. This should instil confidence in the farmers and help them to concentrate in sowing and tilling instead of worrying over paying back loans or getting fresh loans for farming.

The waiver will actually lead to a lot more productivity. This Budget, I am sure, can help do that.

(This article was published in the Business Line print edition dated March 1, 2008)
XThese are links to The Hindu Business Line suggested by Outbrain, which may or may not be relevant to the other content on this page. You can read Outbrain's privacy and cookie policy here.

O
P
E
N

close

Recent Article in MONEY & BANKING

E-banking complaints on the rise in AP, Telangana: Ombudsman

In the two States of Andhra Pradesh and Telangana, complaints related to electronic banking transactions are on the rise. ATM, debit... »


Comments to: web.businessline@thehindu.co.in. Copyright © 2014, The Hindu Business Line.