Tag: Loans
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Telangana Nearing Bankruptcy, Unable to Repay New Loans
Telangana Nearing Bankruptcy, Unable to Repay New Loans:
The Union Power Minister, Raj Kumar Singh, stated during a press conference that the Central Government believes...
RBI: Penalty interest cannot be charged by lenders on loans
RBI: Lenders are prohibited from imposing penalties on loans.
The Reserve Bank of India (RBI) announced on Friday that banks are not allowed to utilize...
Gold loan demand back on working capital requirement: Muthoot Finance
The gold loan business of Muthoot Finance has returned to normal amid the pandemic backed by the need for working capital by small businesses...
AIBEA to name willful defaulters of Rs 1.4 trillion loans
The All India Bank Employees' Association (AIBEA), a major union in the banking sector, will soon be releasing a list of about 2,400 willful...
FM: Loan sanctions jump to Rs 5.95 cr in just over 2 months
Finance Minister Nirmala Sitharaman on Tuesday said the public sector banks (PSB) sanctioned Rs 5.95 crore in just over two months, between March 1...