12 Jul 2013
The Congress government in Karnataka on Friday announced loans up to Rs two lakh at zero percent interest rate for the farmers. It also enhanced the creamy layer limit of Backward Classes by Rs 1 lakh.
08 Apr 2015
New Delhi: The Reserve Bank on Wednesday said it has instructed banks to restructure loans of farmers whose crops have been damaged by the recent unseasonal rains and hailstorms.
10 Oct 2015
Hyderabad: The Telangana bandh called by opposition parties including Congress, TDP, BJP and others in support of their demand that the TRS government implement its arm loan waiver promise at one go rather than in a phased-manner, began across the state today.
12 Aug 2014
New Delhi: Acknowledging that some banks are reluctant to provide farm loans, Agriculture Minister Radha Mohan Singh said on Tuesday said efforts would be made to nudge lenders to provide credit to farmers.
16 Oct 2014
Hyderabad: Reserve Bank of India Governor Raghuram Rajan on Wednesday assured the Telangana government that he will soon sort out the issue relating to banks not pushing fresh farm loans to farmers.
11 Mar 2014
Chennai: Writing off of education and farm loans, statehood for Puducherry, setting up of the second rocket launch pad in Tamil Nadu are some of the promises made by the DMK in its poll manifesto released on Tuesday.
12 Feb 2015
New Delhi: Ahead of General Budget, Punjab Chief Minister Parkash Singh Badal on Thursday sought exemption of excise duty on farm machineries and interest free short term crop loans to small and marginal farmers.
09 Jul 2014
Hyderabad: In a significant move, the Reserve Bank of India (RBI) has agreed to reschedule farm loans in Andhra Pradesh, state Finance Minister Y Ramakrishnudu said here on Wednesday.
18 May 2013
The other day TV channels were talking about the Rs 15-lakh loan that the sacked Railway Minister Pawan Kumar Bansal got from his son’s firm. “Where will you get loan for a mere three per cent?” Screamed a TV anchor. Little did he know that this year alone, Finance Minister P Chidambaram has provided roughly Rs 6.5 lakh crores of crop loans to the rich and resourceful agribusiness industry at a nominal interest rate of 4 per cent.
17 Sep 2016
New Delhi: Indian state-run banks have collectively made an operating profit of nearly Rs 35,000 crore this fiscal, but the massive provisioning for bad debts has pared their net profit down to Rs 222 crore, Finance Minister Arun Jaitley said on Friday, adding they had finally turned the corner and reported a cumulative net profit.