New Delhi: The Union Cabinet, chaired by the Prime Minister, Narendra Modi has approved to restore Interest Subvention on short term agriculture loans to 1.5 percent for all financial institutions.
Rajkummar Rao claims his PAN card was 'misused' for a loan
Mumbai/IBNS: Bollywood actor Rajkummar Rao on Saturday claimed his PAN card was "misused" and a small loan of Rs. 2,500 has been taken against his name.
India to receive EUR 460 million loan as part of Indo-German development cooperation
New Delhi/IBNS: The Federal Republic of Germany along with the World Bank is helping India to build a social protection system catering to the needs of the urban poor and vulnerable poor, such as the migrant workers, in the wake of the COVID-19 pandemic, the New Delhi based embassy said in a recent release.
No bank has right to appoint bouncers for recovery of loans: Anurag Thakur
New Delhi, July 1 (UNI) The Government on Monday in Lok Sabha clarified that banks do not have the right to appoint bouncers for forceful recovery of loans.
Indian businessman Vijay Mallya arrested in London, granted bail
London, Apr 18 (IBNS): Absconding Indian liquor baron Vijay Mallya, accused of financial irregularities worth Rs 9000 crore before fleeing to the UK, was arrested in London by the police on Tuesday, but a court granted him bail the same day.