India's economy shows strong macroeconomic fundamentals and a resilient financial system. Robust domestic demand and healthy corporate bala...

The government has no current proposal for a one-time loan waiver for farmers. The Reserve Bank of India offers financial restructuring opt...

What makes the Indian currency more vulnerable than some of its Asian peers is the country’s reliance on imported energy and its ripple eff...

The RBI has asked banks to resolve long-pending mismatches between trade and payment records worth thousands of crores. Banks must verify d...

RBI cautioned such campaigns can mislead borrowers into believing their obligations can be written off outside formal processes, which coul...

The Reserve Bank of India (RBI) has issued a caution against misleading ads offering loan waivers, noting entities charging fees for unauth...

The scheme mandates ex-gratia payment to certain categories of borrowers by way of crediting the difference between simple interest and com...

The distress which is the basis of loan waiver is not defined, but based on a sweeping generalisation.

Reddy noted that every political party in India has offered such waiver in some state or the other or at an all- India level.

Loan waivers could add to the fiscal burden over the medium term as they are essentially a transfer from taxpayers to borrowers, said Mint ...

"This is inherent in the inevitable lags, in the timing of impact and the arrival of compensation from the government," said RBI Governor U...

Political analysts say the waivers are also a way to woo rural voters - a key constituency for political parties.

RBI said the risk of fiscal slippages, which can entail inflationary spillovers, has risen.

"Debt waivers do not work. Subventions do not work. They are inimical to the repayment ethic and are deleterious to the present climate," J...

Chandrababu reportedly explained to Rajan the circumstances in which TDP had promised waiver of crop loans as agriculture sector was worst ...

The Reserve Bank today asked urban co-operative banks to submit their auditors' certificates related to 2008 farm loan debt waiver scheme b...

The government today said it will implement the Rs 60,000-crore farm debt waiver scheme, announced in the Budget 2008-09, in a manner that ...