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Industry chambers CII and Assocham on Sunday asked the government that the PNB fraud should not hinder bank loans to businesses which were showing signs of revival after being hit by demonetisation and GST.

Don't halt loans: India Inc

Stopping corporate lending would demoralise the top functionaries.

26 Feb 2018 6:20 AM IST

Employees of public sector banks have threatened to go on two-day nation-wide strike from May 30.

Banks asked to set up one platform for sale of loan defaulters' assets

About 80-85 per cent of non-performing asset cases between Rs 10 lakh and Rs 20 lakh are fully secured.

12 Sept 2018 11:37 AM IST

People waiting to file for unemplyement benefits 90. (Photo- PTI)

US small businesses seek USD 5.4 billion in virus relief loans

Friday was the first day the companies were able to apply for the money, intended in large part to help them pay...

5 April 2020 9:33 AM IST

US Treasury Secretary Steven Mnuchin, shown during the White House virus press briefing on April 2, 2020, said the aid will begin but that not everyone would receive a loan immediately (Photo- AFP)

Coronavirus outbreak: US says small business aid will start Friday

Treasury guarantees the loan and will wipe it out if the company keeps its employees or re-hires those it may have...

3 April 2020 11:26 AM IST

There are doubts about Beijings willingness to clean house given its heavy reliance on freewheeling credit to drive economic growth.

Easy credit pushes Chinese youth into debt trap

China turned on the credit taps in late 2008 to shield from recession.

29 May 2017 7:05 AM IST

Bank customers across the nation have complained that several banks are refusing to accept more than the said amount despite providing detailed explanations. (Photo: PTI/File)

India banking bailout cost 'manageable': IMF

Of that total, the govt's share would be between 1.0 and 1.6 per cent of gross GDP over the four years to March 2019.

22 Feb 2017 8:06 PM IST