RBI puts Bank of India under watch for high bad loans; shares tumble
New Delhi: The Reserve Bank of India has put Bank of India under watch for high bad loans by initiating prompt corrective action against it, a move that will place various restrictions on the lender, including on fresh loans and...
RBI slashes the Repo Rate by 0.25 percent; Loans anticipated to get cheaper
New Delhi: In its third bi-monthly monetary policy review, the Reserve Bank of India today declared a 0.25 percent cut in the Repo rate- the rate at which the central bank lends short-term money to banks. Bringing the Repo rate...
नोटबंदी की वजह से बैंक कर्ज देने में आनाकानी नहीं करेंगे
नागपुर: नोटबंदी की वजह से अब बैंकों का पूँजी संग्रहण तो बढ़ा ही है, व्यक्तिगत तौर पर ग्राहकों का बैलेंस शीट भी बेहतर हुआ है, इस वजह से बैंक अब ग्राहकों को कर्ज देने में आनाकानी नहीं करेंगे। नाग विदर्भ...
State waives off 496 farmers’ debts of Rs 95.82 lakh in Nagpur District
So far, loans of 3897 farmers taken from licensed private money-lenders amounting to Rs 6.65 crore have been waived off in the district. Nagpur: In a major relief, the State Government has waived off 496 farmers’ debts to the tune of...
