Bank Loans

Saturday, Apr 20, 2024 | Last Update : 06:41 AM IST

Union Finance Minister Nirmala Sitharaman said that a total amount sanctioned under the 100 per cent Emergency Credit Line Guarantee Scheme. (PTI Photo)

Banks sanctioned Rs 1.43 lakh crore loans under credit guarantee scheme: FM Nirmala

Emergency Credit Line Guarantee Scheme was launched to provide much-needed relief to the MSME sector to meet their operational requirements

14 Aug 2020 2:08 PM

RBI may extend bank loan moratorium by another 3 months to help people, industry impacted by lockdown. (PTI Photo)

RBI may extend bank loan moratorium by another 3 months amid lockdown

RBI allowed banks and financial institutions to offer a moratorium of three months on payment of instalments of all term loans

05 May 2020 2:18 PM

Bank dividend payments suspended

To maintain financial health, banks have been exempt to make any further dividend payout

17 Apr 2020 12:47 PM

Bank credit grew by 12.84 per cent to Rs 86,16,408 crore in the fortnight ended June 22, according to RBI data. In the year-ago fortnight, bank loans stood at Rs 76,35,689 crore.

Bank credit grows at 12.84 per cent, deposits at 7.59 per cent

Loans to industry rose by 1.4 per cent in May 2018, against a contraction of 2.1 per cent in May 2017.

05 Jul 2018 7:07 PM

Nitin Gadkari on Monday warned that taking action against every defaulting entrepreneur will chill economic activity and the country will be left with no people willing to take business risks.

Is govt planning to go soft on defaulters?

There is a need to distinguish between bona fide and mala fide intentions.

03 Jul 2018 12:41 PM

The petitioner submitted that he nurtured a doubt with regard to the safety of his jewels. (Photo: File)

Bank refuses to return pledged gold, citing default of Re 1 in loan repayment

The customer has petitioned Madras HC stating that the bank refused to release the jewellery or accept payment of pending Re 1.

02 Jul 2018 12:12 PM

Sale of a going concern by a business house will not attract Goods and Services Tax (GST), as per an order by the Authority for Advance Ruling (AAR).

Sale of 'going concern' exempt from GST, says AAR

Any transfer of a going concern constitutes a 'supply of service' and 'nil' tax rate will apply on it.

28 May 2018 7:44 PM

The CBI is carrying out searches at 10 locations, eight of them in Delhi and two in Mumbai. (Photo: File)

CBI books ex-UCO bank CMD in Rs 621 crore fraud

The accused defrauded UCO bank to the tune of Rs 621 crore by diversion and siphoning off bank loans.

14 Apr 2018 6:20 PM

Modi grew up in Antwerp, Belgium, in a diamond-dealing family. (Facebook screengrab/NIRAVMODI)

‘All options are open’, Nirav Modi had said on taking bank loans

In January, PNB filed a criminal complaint with the CBI that accused Modi and others of defrauding the bank.

17 Feb 2018 9:51 AM

Maharashtra CM Devendra Fadnavis. (Photo: File)

Fadnavis asks banks to restart lending defaulting farmers

CM says many farmers have gone out of banking system after being unable to service their loans from banks.

26 Apr 2017 11:47 AM

Former Prime Minister Manmohan Singh. (Photo: PTI)

Manmohan Singh helped Mallya get bank loans: BJP

Mallya was first granted a loan despite his company being declared a non-profiting asset.

30 Jan 2017 3:24 PM

GDP growth estimate lowered to 7.1% from earlier projection of 7.6% for FY 16-17.

Rates held: Bold move from RBI, says finance ministry

Global cues and volatile market had RBI’s hands tied.

08 Dec 2016 1:16 AM

The demonetisation of higher value currency notes has affected normal banking activities including clearing of cheques.

Borrowers get additional 60 days to repay car, home loans: RBI

This will also include housing loans and agriculture loans.

21 Nov 2016 8:17 PM

1 of 1

Columns

Shobhaa De

bank loans