Forty of 50 cooperative banks in Uttar Pradesh hit by fraud; loan amounts forged, subsidy money siphoned off
More than 50 percent of the rural credit is disbursed by the co-operative banks and the National Bank for Agriculture & Rural Development (NABARD) is responsible for the regulation and supervising of the functions of these banks.
Why collateral-free loans up to Rs 50 lakh is a high-risk idea to implement in slowdown-hit Indian economy
If the government has made up it’s mind to give away large collateral-free loans o entrepreneurs, it should also work out a mechanism to make sure this money is spent well for the stated purpose
Telangana Budget 2019: Govt presents Rs 1.82 lakh cr Vote on Account; fiscal deficit will decline to Rs 27,748 cr
The Telangana government proposed to waive all agriculture term loans up to Rs 1 lakh outstanding as on 11 December, 2018.
NABARD said it aims to increase its long-term on-lending or refinance portfolio to about Rs 80,000 crore in current fiscal to improve rural economy