Tag: loan
World Bank Approves Loan Of $125mn To Bengal Govt
In a significant recognition to the social welfare schemes launched by West Bengal Chief Minister Mamata Banerjee, the World Bank has approved a loan of $125 million (nearly Rs 1,000 crore) for inclusive social protection. ....
Bank Of Baroda Decides To Withdraw E-auctioning Of Sunny Deol’s Property For Loan Dues
The Central government-owned mortgage lender, Bank of Baroda (BOB) laden with Rs.34,832.16 crore of gross non performing loans as on June 30, has decided to withdraw its decision to auction actor Sunny Deol’s Mumbai property for non payment of its loan about Rs 56 crore and interest on that.....
Street Vendors Need Assistance Package, Not Loans: Priyanka Gandhi
Congress General Secretary Priyanka Gandhi Vadra on Tuesday said that street vendors and small traders need a special assistance package and not loans.....
ICICI-Videocon Loan Case: Chanda Kochhar Granted Bail By Court
A court here on Friday granted bail to former ICICI Bank CEO and MD Chanda Kochhar with a rider that she cannot leave the country with its permission. ....
SC Restrains Banks From Charging Interest-on-interest On Borrower During Moratorium
The Supreme Court on Tuesday said any amount collected during moratorium period by banks as interest on interest or compound interest, should either be refunded or adjusted against the next EMIs payable by the borrowers. ....
CBI Arrests Venugopal Dhoot, Videocon Chairman In Loan Fraud Case
In a latest development in the loan fraud case involving former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar, the Central Bureau of Investigation (CBI) on Monday arrested Venugopal Dhoot, Chairman Videocon group. ....
Banks Can't Use Penalties Imposed On Loan Defaulters For Raising Funds: RBI
The Reserve Bank of India (RBI) on Friday said that banks cannot use penalties imposed on loan defaulters for raising funds.....
Rs 1,751 Crore Loans Sanctioned To Poor Artisans Under PM Vishwakarma Scheme
Banks have sanctioned loans to the tune of Rs 1,751 crore to poor artisans such as blacksmiths, masons, potters, carpenters and tailors under the PM Vishwakarma scheme as of October 31, the Parliament was informed. ....
Cabinet Okays 60-day Interest Waiver On Farm Loans From Co-op Banks
The Union Cabinet on Tuesday approved interest waiver for November and December 2016, for farmers who have taken short term crop loans from cooperative banks for the Rabi sowing season.....
CBI Files Chargesheet Against Mallya In IDBI Loan Case
The Central Bureau of Investigation submitted a detailed charge-sheet against absconding liquor baron Vijay Mallya and others in the Rs 1,300 crore loan default involving the defunct Kingfisher Airlines and IDBI here on Tuesday, an official said.....
