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The government may increase the MSP of wheat by Rs 100 to Rs 1,725 a quintal for this year. (Photo: PTI)

Rural demand to pick up on MSP hikes, farm loan waivers: report

As per the report, rising farm loan waivers will also push up rural income as general elections approach.

21 Sept 2018 3:54 PM 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)

PSU banks take recovery action against 5,954 wilful defaulters

Total outstanding loans due to public sector banks by wilful defaulters amounted to Rs 92,376 crore.

27 Aug 2017 1:15 PM IST

DCB Bank has revised downward its MCLR across tenors with overnight loans attracting 8.35 per cent interest rates. (Representational Image)

Mergers of small banks may hurt MSME sector: report

Disadvantages of big banks are that services are less personable and local people abstain from reaching out to them.

5 Aug 2017 5:10 PM IST

While Bhushan Steel is in default of Rs 44,478 crore to banks, Essar Steel owes Rs 37,284 crore and Electrosteel Steels Rs 10,273.6 crore. (Representational image)

Gujarat HC junks Essar Steel plea against RBI's order

Essar Steel was among 12 accounts that were identified for insolvency proceedings.

17 July 2017 5:35 PM IST

The new law mandates a 180-day deadline to resolve cases.

First test of India's new bankruptcy law offers cautionary tale

World Bank estimated it took 4.3 years on average in India to resolve insolvency under the old laws.

11 July 2017 10:41 AM IST

The Maharashtra Legislative Assembly building (Photo: PTI/ File)

Maharashtra Assembly adjourned thrice amid din over loan waiver issue

As soon as the House assembled for the day, the MLAs of Shiv Sena, Congress and NCP trooped into the well shouting...

17 March 2017 1:11 PM IST

Business tycoon Vijay Mallya

Begged for help, not loans, says Vijay Mallya

KFA collapsed with oil at USD 140 per barrel and state sales tax on top rupee devaluation. No FDI engine failures.

28 Jan 2017 12:08 PM IST

On the other hand, the slowdown in economic activity has weighed on demand for credit among retail borrowers.

Non-food credit inches up 4.5 per cent in April

Loans to agriculture and allied activities rose by 7.4 per cent in April 2017, lower than the 15.3 per cent growth in...

2 July 2017 11:07 AM IST

India has been the worlds fastest growing major economy over the past two years.

Credit growth plunges to even lower than FY17 level to 4.3 per cent

The cumulative growth for the first month of the new fiscal year is only 5.3 per cent.

10 May 2017 6:36 PM IST

The 3.5 kgs gold, which has been seized, is assessed to be worth Rs 92.87 lakh. Both the accused have been arrested, Garg said. (Representational Image)

Gold Bond subscription opens Monday at Rs 2,780 per gm

Indexation benefits will be provided to long-term capital gains arising to any person on transfer of bond.

8 July 2017 12:56 PM IST

RBIs newly-appointed Deputy Governor and noted economist Viral Acharya

RBI mulls public credit registry to improve credit culture

Reporting of loan details to the PCR by lenders and/or borrowers is mandated by law.

7 July 2017 6:12 PM IST

GDP growth not as encouraging as it seems: Bajaj

Baja Auto's exports fell by over 19 per cent to Rs 7,880 crore while in US dollar terms they shrank by 23 per cent.

4 July 2017 1:48 PM IST