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DEBT WAIVER CERTIFICATES
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...- RBI flags false loan waiver claims by some, warns of legal actionRBI cautioned such campaigns can mislead borrowers into believing their obligations can be written off outside formal processes, which coul...
- RBI cautions against misleading campaigns promising loan waiversAttention all borrowers! The Reserve Bank of India has flagged a concerning trend involving fraudulent loan waiver initiatives. These dupli...
- RBI cautions against unauthorised loan waiver campaignsThe Reserve Bank of India (RBI) has issued a caution against misleading ads offering loan waivers, noting entities charging fees for unauth...
- Unfulfilled promises may end up hurting CongressExcept for Chhattisgarh, these states have not shown any interest in the Centre-funded PM KISAN scheme, which gives Rs 6,000 annually to sm...
- Rahul to bring farm distress in spotlight at Moga rallyWhile Punjab is not new to the tension between India-Pakistan, the changed narrative allows the Congress to sell its pre-poll plank of debt...
- Rahul Gandhi to keep spotlight on farm distress at MogaIt works well for the party in Punjab where the chief minister Amarinder Singh government is implementing debt waiver of over Rs 7,000 cror...
- Ashok Gehlot cites BJP regime debt for loan waiver delayAshok Gehlot’s statement prompted the BJP to claim that the ruling party was reneging on its promise and to plan a big protest to make the ...
- Rajasthan farmers get Rs 50,000 loan waiver papersFive months ahead of crucial Rajasthan assembly elections, Vasundhara Raje-led BJP government rolled out its biggest farm loan waiver acros...
- Punjab Cabinet approves crop loan waiverThe crop loan waiver scheme, based on the recommendations of an expert group headed by eminent economist Dr. T. Haque, will directly benefi...
- UCBs asked to provide audit certificates of farm debt waiverThe Reserve Bank today asked urban co-operative banks to submit their auditors' certificates related to 2008 farm loan debt waiver scheme b...
- Farm debt waiver: Banks told comply with schemes post-CAG noteMeena said govt has issued instructions to RBI to advise banks to take immediate corrective measures after taking note of the observations ...
- Farm debt waiver: RBI seeks info on action taken by banksThe Reserve Bank today asked banks to submit information about the irregularities in the Rs 52,000 crore farm debt waiver scheme along with...
- CAG finds flaws in implementation of debt waiver schemeCAG has found irregularities in disbursement of funds under the Rs 52,000-crore farm debt waiver scheme, 2008, as benefits have been taken ...
- Syndicate Bank extends debt waiver relief to 3.93 lakh farmersSyndicate Bank said it is extending debt waiver scheme benefiting 2,80,027 marginal and small farmers to the extent of Rs 756.27 crore and ...
- Loans of farmers waived of under Union govt schemeLoans of over 50 farmers amounting to more than Rs 10 lakh have been waived in the district under the Centre's scheme in this regard.
- Credit crunch may hold up debt waiverThe UPA government’s much-hyped farm debt waiver seems to be too little, too late for farmers in the state.
- Farm loan waiver meet on FridayWith only four days left for the full implementation of the farm debt waiver, the state government plans to take stock of its performance a...
- SBI kick-starts farm debt waiver schemeCountry's largest lender SBI has kick-started farm debt relief scheme, which would benefit its over 50 lakh farmer customers across the cou...
- Rs 60,000-crore waiver a hoax: BJPQuestioning the UPA government’s commitment to farmers and the revival of the agricultural sector, the BJP said that the Rs 60,000 crore lo...
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