Loans
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Holding multiple bank accounts? Then this is IMPORTANT for you
Business | Nov 22, 2019, 09:16 AM ISTIf you have multiple bank accounts, then this is important for you! There are some circumstances that you may face if you have opened more than one account.
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IL&FS Financial Services defaults on payments as low as Rs 4 lakh
Business | Nov 05, 2019, 01:06 PM ISTProviding the intimation of default in payment obligations, IL&FS Financial Services defaulted on seven such payments beginning October 31 to November 4.
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Oriental Bank shares jump over 5 pc after Q2 earnings
Business | Oct 23, 2019, 12:38 PM ISTThe scrip gained 4.97 per cent to Rs 52.75 on the BSE. At the NSE, it rose by 5.26 per cent to Rs 52.95.
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Banks to hold 'Credit Shamiana' to felicitate easy loans from today
Business | Oct 03, 2019, 12:59 PM ISTIn a bid to reach out to people across remote areas, the Public Sector Banks, including the State Bank of India will reach out to people by organising 'credit shamianas' for easy disbursal of loans. The move was a brainchild of finance minister Nirmala Sitharaman and is aimed to help farmers across the country.
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IDBI Bank repo-linked retail loans effective from Oct 1
Business | Sep 09, 2019, 04:56 PM ISTIDBI Bank on August 30, 2019 had announced that it would introduce repo rate-linked home and auto loan with effect from September 10, 2019.
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Fake notes with face value of Rs 8 lakh seized, one held
India | Jun 13, 2019, 03:04 PM ISTThe accused, Raju Khan, a resident of Tirathpuri village, told some locals that he could arrange loans for them from a trust on low interest rates and collected Rs 52,000 from 11 people, including nine women, he said.
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Kerala govt to offer loans at low interest rates to counter menace of private money lenders
Business | Jun 21, 2018, 05:06 PM ISTThe scheme will aim at helping those who were exploited by private financiers
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US Defence Secretary James Mattis praises PM Modi for warning about dangers of loans that are 'too good to be true'
World | Jun 04, 2018, 10:40 PM ISTMattis met the prime minister on the sidelines of the International Institute for Strategic Studies' 17th Asia Security Summit -- also known as the Shangri-La Dialogue -- in Singapore on Saturday.
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Banks stare at $38 bn new dud loans from power sector: Report
Budget | Apr 04, 2018, 08:12 PM ISTAbout 43 per cent of loans are extended to the power generation sector, followed by distribution at 37 per cent and transmission at 20 per cent, the report said.
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Govt to state-owned banks: Collect passport details of borrowers who have taken loans in excess of Rs 50 crore within 45 days
Business | Mar 06, 2018, 07:52 PM ISTIn case the borrower does not have a passport, the bank should obtain a certificate in the form of declaration that the person does not have the passport, sources said quoting the Finance Ministry's advisory to banks.
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Government banks wrote off Rs 81,683 cr loans in 2016-17: Jaitley
Business | Mar 06, 2018, 06:07 PM ISTIn a written reply, Jaitley said that writing-off of loans is done for tax benefit as well as capital optimisation and borrowers of such loans continue to be liable for repayment.
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Mallya extradition: Defence says 'no evidence' to support case of fraud against liquor baron
Business | Dec 05, 2017, 10:36 PM ISTThe extradition hearing of beleaguered liquor baron Vijay Mallya at the Westminster Magistrate’s Court in central London entered the second day on Tuesday.
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Loans may get cheaper as RBI brings down repo rate to 7-year-low of 6 pc
News | Aug 02, 2017, 05:41 PM IST -
Rs. 9.7L cr bad loans: RBI to expand oversight committee in new action plan to wipe out menace
May 23, 2017, 02:19 PM ISTTwo weeks after amendments were brought to the Banking Regulation Act 1949 , the Reserve Bank of India (RBI) on Monday outlined the broad contours of an action-plan to resolve the Rs. 9.7 lakh crore bad debt
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Relief for borrowers upto Rs 1 cr, RBI provides additional 60-day window to clear loan dues
Nov 21, 2016, 06:54 PM ISTRBI today provided additional 60 days for repayment of housing, car, farm and other loans worth up to Rs 1 crore.
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Wilful defaulters from Gujarat owe Rs 8,500 crore to banks, make for 15 pc of total chunk
Jul 21, 2016, 03:47 PM ISTNew Delhi: Around 15 per cent of India's wilful defaulters who have found a place in the latest list released by All India Bank Employees Association (AIBEA) belong to Gujarati businessmen or businessmen based out
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Bad loans: Govt, RBI say misdemeanors won't go unpunished
Mar 13, 2016, 10:55 AM ISTNew Delhi: Government and RBI were today on the same page cautioning against overstating bad loan crisis in banks lest it hampers the lending operations, while markets regulator Sebi barred wilful defaulters from raising public
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Meet Pappu: The Crorepati beggar who gives loans to businessmen
Life | Mar 05, 2016, 06:41 PM ISTPatna: Seeing the life of a beggar usually saddens people but we have a story for you which will make you feel sorry for yourself. This is a tale of a beggar in Patna who
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MUDRA Loans: All you need to know
Oct 28, 2015, 03:44 PM ISTTaking ahead the work of the previous governments in the area of Micro, Small and Medium Enterprises Development, the NDA government has launched the Pradhan Mantri Mudra Yojana under the Micro Units Development and Refinance
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Centre to give interest-free loans to farmers: Ram Vilas Paswan
National | Jun 11, 2015, 06:55 PM ISTPatna: The Centre has decided to raise Rs 6,000 crore to provide interest-free loans to farmers so that they do not have to go to moneylenders and fall into debt traps, Union Minister Ramvilas Paswan