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Finance Minister Unveils 6 New Schemes, Raises Kisan Credit Card Limit
Finance Minister Nirmala Sitharaman on Saturday announced six new schemes and increased the subsidised Kisan Credit Card (KCC) loan limit to Rs 7 lakh from Rs 5 lakh.
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Centre To Extend Mudra Loans To Homestays, Develop 50 Tourism Sites
The government will develop top 50 tourist sites in partnership with states and also extend mudra loans to homestays, Finance Minister Nirmala Sitharaman said.
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Budget 2025: Credit Boost For MSMEs, Loans For Women, SC/ST First-Time Entrepreneurs
Budget 2025: Union Finance Minister Nirmala Sitharaman announced a credit boost for MSMEs, loans for women.
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In India's Largest Bank Loan This Year, SBI Seeks $1.25 Billion
Non-banking finance companies, or so-called shadow banks, in particular, have increasingly tapped dollar-denominated facilities amid stricter regulations at home.
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Budget Proposes Interest Subsidy Scheme To Boost Urban Housing Loans
The announcements were made by Finance Minister Nirmala Sitharaman in the Union Budget 2024-25.
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Credit Support For MSMEs, Mudra Loans Limit To Be Enhanced To Rs 20 Lakh
The upper limit for loans under the Mudra scheme will be doubled from Rs 10 lakh for those who have paid previous loans under the Tarun category, Finance Minister Nirmala Sitharaman announced during the Budget presentation today.
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Rs 14.56 Lakh Crore Written Off As Bad Loans Since 2014: Finance Ministry
Banks have written off bad loans worth Rs 14.56 lakh crore in the last nine financial years starting 2014-15, Parliament was informed on Monday.
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Reliance Jio Infocomm Raises $2 Billion Forex Loan: Report
Reliance Industries Ltd and its telecom arm Jio Infocomm have raised a total of $5 billion in back-to-back foreign currency loans, the largest syndicated loan in India's corporate history, sources said.
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Adani Group In Talks To Repay $500 Million Bridge Loan Taken For Cement Deals: Report
Adani group is looking to repay the bridge loan with cash this month, the report said, citing people aware of the matter, adding that the loan had a tenor of six months and was part of a larger $5.25 billion financing package.
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Rs 859 Crore Of Illegal Loan App Operators Seized: Union Minister
The Directorate of Enforcement has attached proceeds of crime worth Rs 859.15 crore generated by accused persons/entities through illegal loan apps, Minister of State for Finance Bhagwat Karad said on Tuesday.
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Bajaj Finance Stock Down Over 8% As Loan Growth Moderates
Bajaj Finance: New loans booked in the quarter ended Dec. 31 were up 5.4% year-on-year against 7.9% recorded in the second quarter.
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Shriram Finance Secures $100 Million Loan From Asian Development Bank
Shriram Finance Ltd will use the funds to finance its purchase of new and used vehicles across India.
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Banks Wrote Off Bad Loans Worth Rs 11 Lakh Crore In Last 6 Years: Minister
RBI has informed that borrower-wise information on written off loan accounts is not maintained by it, Minister of State for Finance Bhagwat Karad said.
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Efforts Taken To Check Chinese Loan Apps: Finance Minister In Parliament
Responding to a zero-hour issue raised by a Trinamool Congress Member of Parliament (MP), Nirmala Sitharaman said action has been taken against apps that are cheating people by offering loans.
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Nirmala Sitharaman Outlines Steps To Check Illegal, Fraud Loan Apps' Operations
Finance Minister Nirmala Sitharaman has discussed various issues related to illegal loan apps in a meeting and decided to take a host of measures to check operations of such apps, amid rising instances of digital fraud.
-
Finance Minister Unveils 6 New Schemes, Raises Kisan Credit Card Limit
Finance Minister Nirmala Sitharaman on Saturday announced six new schemes and increased the subsidised Kisan Credit Card (KCC) loan limit to Rs 7 lakh from Rs 5 lakh.
-
Centre To Extend Mudra Loans To Homestays, Develop 50 Tourism Sites
The government will develop top 50 tourist sites in partnership with states and also extend mudra loans to homestays, Finance Minister Nirmala Sitharaman said.
-
Budget 2025: Credit Boost For MSMEs, Loans For Women, SC/ST First-Time Entrepreneurs
Budget 2025: Union Finance Minister Nirmala Sitharaman announced a credit boost for MSMEs, loans for women.
-
In India's Largest Bank Loan This Year, SBI Seeks $1.25 Billion
Non-banking finance companies, or so-called shadow banks, in particular, have increasingly tapped dollar-denominated facilities amid stricter regulations at home.
-
Budget Proposes Interest Subsidy Scheme To Boost Urban Housing Loans
The announcements were made by Finance Minister Nirmala Sitharaman in the Union Budget 2024-25.
-
Credit Support For MSMEs, Mudra Loans Limit To Be Enhanced To Rs 20 Lakh
The upper limit for loans under the Mudra scheme will be doubled from Rs 10 lakh for those who have paid previous loans under the Tarun category, Finance Minister Nirmala Sitharaman announced during the Budget presentation today.
-
Rs 14.56 Lakh Crore Written Off As Bad Loans Since 2014: Finance Ministry
Banks have written off bad loans worth Rs 14.56 lakh crore in the last nine financial years starting 2014-15, Parliament was informed on Monday.
-
Reliance Jio Infocomm Raises $2 Billion Forex Loan: Report
Reliance Industries Ltd and its telecom arm Jio Infocomm have raised a total of $5 billion in back-to-back foreign currency loans, the largest syndicated loan in India's corporate history, sources said.
-
Adani Group In Talks To Repay $500 Million Bridge Loan Taken For Cement Deals: Report
Adani group is looking to repay the bridge loan with cash this month, the report said, citing people aware of the matter, adding that the loan had a tenor of six months and was part of a larger $5.25 billion financing package.
-
Rs 859 Crore Of Illegal Loan App Operators Seized: Union Minister
The Directorate of Enforcement has attached proceeds of crime worth Rs 859.15 crore generated by accused persons/entities through illegal loan apps, Minister of State for Finance Bhagwat Karad said on Tuesday.
-
Bajaj Finance Stock Down Over 8% As Loan Growth Moderates
Bajaj Finance: New loans booked in the quarter ended Dec. 31 were up 5.4% year-on-year against 7.9% recorded in the second quarter.
-
Shriram Finance Secures $100 Million Loan From Asian Development Bank
Shriram Finance Ltd will use the funds to finance its purchase of new and used vehicles across India.
-
Banks Wrote Off Bad Loans Worth Rs 11 Lakh Crore In Last 6 Years: Minister
RBI has informed that borrower-wise information on written off loan accounts is not maintained by it, Minister of State for Finance Bhagwat Karad said.
-
Efforts Taken To Check Chinese Loan Apps: Finance Minister In Parliament
Responding to a zero-hour issue raised by a Trinamool Congress Member of Parliament (MP), Nirmala Sitharaman said action has been taken against apps that are cheating people by offering loans.
-
Nirmala Sitharaman Outlines Steps To Check Illegal, Fraud Loan Apps' Operations
Finance Minister Nirmala Sitharaman has discussed various issues related to illegal loan apps in a meeting and decided to take a host of measures to check operations of such apps, amid rising instances of digital fraud.
