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Raghuram Rajan reminds India what caused bad loans, warns Mudra loans could be the next wave Of NPAs
“Both MUDRA loans as well as the Kisan Credit Card, while popular, have to be examined more clos…
Here’s a snapshot of social security schemes in India
The Indian government has several social security schemes in order to boost the financial security…
Bank of Baroda to offer up to Rs 12k cr loans to MSMEs under credit guarantee scheme
"In our case, that particular portfolio amounts to be Rs 58,000 crore. So, 20 per cent of that wou…
PTI
Ola to be the first cab aggregator in India to introduce e-cabs
Sales of electric vehicles in the country rose to 37.5% to 22,000 units in the year ended 31st Marc…
Rs 16,712 cr loan sanctioned to women under 'Stand Up India' scheme: FinMin
Besides, under the Pradhan Mantri Mudra Yojana (PMMY), 70 per cent of the total loan borrowers are …
PTI
Banks sanction over Rs 1 lakh cr loans to 30 lakh MSMEs under credit guarantee scheme
The main objective of the scheme is to provide an incentive to member lending institutions to incre…
PTI
Narendra Modi sneers Congress in Rajya Sabha, goes gaga over his own govt’s schemes and proposals
"Death is a blessing. It's above criticism. No one criticises death. People say someone died of can…
Budget size almost unchanged from interim, shows govt's commitment to fiscal prudence: Experts
According to the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman, the total e…
PTI
Global investors eyeing India, don't miss this 'golden chance': PM to India Inc.
Prime Minister Narendra Modi on Tuesday said India is firmly on the path to becoming the world's th…
PTI
Interim Budget 2024: FY25 capex hiked 11%; no change in tax slab, says FM Sitharaman
Finance Minister Nirmala Sitharaman is presenting the Interim Budget 2024-25 at Parliament on Thurs…
Google has removed 2,500 fraudulent loan apps from its Play Store, says FM
The matter is also regularly discussed and monitored in the meetings of the Financial Stability…
PTI
Banks write off Rs 14.56 lakh crore NPAs in last nine financial years
Scheduled Commercial Banks (SCBs) have recovered an aggregate amount of Rs 2,04,668 crore in wr…
PTI
How to apply for an MSME loan online and get approval in 59 minutes
The Indian government announced a special scheme for micro, small and medium enterprises, allowing …
PSU bank employees to go on two-day strike from Thursday; services likely to be hit
Close to nine lakh employees of various state-run banks will go on a two-day nation-wide strike beg…
PTI
ECLGS: NBFC body seeks addition to list of individuals seeking assistance
The National Credit Guarantee Trustee Company (NCGTC), which is providing 100 per cent guarantee u…
PTI
Jobs remain elusive, quality jobs even more so
After losing his job as an accountant in a metal works in Howrah, soon after the Covid pandemic …
PTI
Ensure effective rollout of Rs 3-lakh crore ECLGS for MSMEs: FM to pvt banks
The main objective of the scheme is to provide an incentive to member lending institutions to incre…
PTI
Need to enhance global risk monitoring: Sitharaman
"Finance Minister Smt @nsitharaman emphasised that growing inequality has slowed down the pace of i…
PTI
Special financial inclusion outreach campaign launched in J&K
"Efforts shall be redoubled to increase enrolments under PMJDY, PMJJBY, PMSBY, SUPI, Mudra loan an…
PTI
List of 16 action points for doubling farmer's income by 2022 from Nirmala Sitharaman's budget speech
1. Government to push for renewable energy through PM KUSUM scheme. 15 lakh additional pumps to…