CBI cracks down on loan defaulters in over 61 locations, files 17 FIRs involving funds of Rs 1,139 crore
• 6 years agoThe figure, which stood at around Rs 640 crore, swelled to Rs 1,139 crore as the agency continued filing of FIRs
Bank fraud case: ED attaches Rs 28-cr assets of Paramount Airways promoter Thiagarajan under PMLA
• 6 years agoParamount Airways Private Limited availed various credit facilities from five nationalised banks on the basis of credit insurance policies issued by Oriental Insurance Company Limited, the agency said.
Finance Ministry expects Rs 69,000 cr in dividend from RBI in 2019-20; central bank has transferred Rs 40,000 cr this fiscal
• 6 years agoThe receipt from various sources, including RBI dividend, helps government meet fiscal deficit target.
Private banks' share in overall loan pie rising; will banking crisis render most PSBs dodos?
Vivek • 7 years agoThe banking sector in India is getting 'privatised' on its own, even though the government continues to own 21 public sector banks.
Maharashtra farm loan waiver still leaves many in the lurch, 38 lakh farmers yet to receive benefits of scheme
Sanjays • 7 years agoSeven months after its announcement by Devendra Fadnavis, the implementation of Maharashtra's farm loan waiver scheme still leaves much to be desired.
Consolidation of public sector banks: Govt says no proposal of PSBs merger under consideration
• 7 years agoMoS for finance says the government has put in place an approval framework for proposals to amalgamate nationalised banks.
Maharashtra loan waiver: Devendra Fadnavis admits goof up, says scheme on till 'every eligible farmer included'
Sanjays • 7 years agoMaharashtra chief minister Devendra Fadnavis, addressing the the Maharashtra Assembly Thursday, admitted his government made mistakes implementing the farmers' loan waiver scheme but stated that those errors were later rectified. He added that the scheme would continue until 'every eligible farmer was included'.
Maharashtra loan waiver: How banks undid Fadnavis' pet plan, forcing him to delink Aadhaar from disbursal
Sanjays • 7 years agoMaharashtra chief minister Devendra Fadnavis’ dream of delivering the country’s first, blemishless, Aadhaar-linked farm loan waiver scheme has turned into a nightmare.
Maha farm loan waiver: Banks goof up beneficiary list big time, bring Devendra Fadnavis' plan to grinding halt
Sanjays • 8 years agoIn the hurry to submit the farmers' details to the government majority banks have submitted incorrect data for the farmers' loan waiver scheme