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PUNYASHLOK AHILYADEVI FARM LOAN WAIVER SCHEME
Farm credit demand likely to stay strong in FY27 on higher input costs, agri investments: NABARDAgricultural and rural credit demand is projected to remain strong through 2026-27, driven by rising input costs, expanded Kisan Credit Car...
Default clouds hover over microfinance as industry flags weak monsoonIn the evolving world of India's microfinance sector, fresh credit risks are emerging on the horizon. The dual challenges of an unsteady mo...
Risks cloud hover over microfinanceThe Reserve Bank of India, too, raised concerns over higher inflation due to low average rainfall and supply chain disruptions due to geopo...
Tamil Nadu DCCB housing loan up to Rs 10 lakh: Check eligibility, how to apply, documents needed and moreTN DCCB house loan: Tamil Nadu residents can now access housing loans up to Rs 10 lakh. The scheme, offered through District Central Cooper...
PSBs may lose the edge over private peers as tightening liquidity, rising credit costs may impact growthPublic sector banks' advantage over private lenders is fading. Excess liquidity and low credit costs are diminishing. Liquidity coverage ra...
Govt eyes rural credit push via flagship schemes, seeks to expand RRB customer baseThe government is enhancing rural credit by integrating the Grameen Credit Score with the JanSamarth portal for faster loan processing. Reg...
Govt leaving no stone unturned to make farmers' lives easier: Prime Minister ModiPrime Minister Narendra Modi states farmers are vital for India's food security. The government is actively working to improve farmers' liv...
Indian-American arrested in California for allegedly defrauding bank of $100 millionAn Indian-American man, Mahender Makhijani, was arrested in California for allegedly defrauding a bank of nearly $100 million. He is accuse...
Credit guarantee scheme for MFI 2.0 gets extensionThe Credit Guarantee Scheme for Microfinance Institutions-2.0 has been extended. This extension will last until August or until guarantees ...
Agriculture Ministry's FY27 budget at Rs 1.4 lakh crore a five-fold jump from 2013-14 levelThe Modi government has five-folded the agriculture ministry budget to Rs 1.4 lakh crore for 2026-27. Over 3,000 climate-resistant crop var...
Govt extends validity of Credit Guarantee Scheme for Microfinance Institutions upto August 31The Finance Ministry has extended the Credit Guarantee Scheme for Microfinance Institutions-2.0 until August 31, 2026, or until Rs 20,000 c...
These 8 banking stocks have an upside potential of up to 26% in 1 year, according to analystsIf oil prices stay at higher levels, some FPIs with exposure to the Indian banking sector through ETFs might decide to sell, putting these ...
Maruti Suzuki announces price protection for small cars booked till June 14Maruti Suzuki India is offering price protection on its small car range until June 14, 2026. This initiative aims to shield entry-level buy...
Credit cover for collateral-free education loans may be raised at inter-ministerial consultationsThe government is exploring increasing the credit guarantee cover for education loans. This move aims to allow banks to offer loans exceedi...
Vegetable prices skyrocketed during Modi Govt's tenure: Telanagana CM Revanth ReddyTelangana Chief Minister Revanth Reddy inaugurated a new fruit market and sub-registrar office complex. He criticized the central governmen...
Over 100-year-old cooperative society transforming lives of farmers in PunjabA century-old cooperative in Punjab's Hoshiarpur district is empowering farmers with loans, equipment rentals, and ultra-low-cost biogas. T...
Credit guarantee scheme for MFIs still stuck in low gearBanks have received an aggregate loan demand of Rs 10,000-12,500 crore under the scheme, according to people familiar with the matter. Whil...
AIADMK chief hits out at TN govt's crop loan waiver, calls it ''scientific deception''AIADMK leader Edappadi K Palaniswami criticizes the Tamilaga Vettri Kazhagam government's crop loan waiver. He calls it a deception to dive...
Tamil Nadu CM Vijay announces full crop loan waiver for marginal farmers, Rs 5,000 relief for large farmersTamil Nadu Chief Minister Vijay has announced a significant relief package for farmers. Marginal farmers with cooperative bank crop loans u...
Discontinued jewel loan waiver scheme to be reconsidered by govt: TN minister V GandhirajThe Tamil Nadu government is considering reviving past welfare programs. Cooperation Minister V Gandhiraj stated that discontinued schemes,...