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INDEBTEDNESS
Roman Proverb of the Day: 'To place yourself under an obligation is to sell your liberty...'- A timeless lesson on independence, self-reliance, and the price of favorsAn ancient Roman proverb, 'To place yourself under an obligation is to sell your liberty,' offers a timeless warning about the subtle ways ...- Jio IPO filed: 10 crucial things investors must know about Ambani's $3 billion planJio Platforms has filed its DRHP with Sebi for a massive IPO comprising a fresh issue of up to 27 crore shares. The offering aims to reduce...
- Credit flow to bottom tier slows as microfinance lenders turn to safer borrowers: SIDBI-EquifaxCredit access for bottom-of-the-pyramid borrowers in India has slowed as microfinance lenders turn cautious after two years of asset qualit...
- NARCL retains guarantees of Jaypee ex-promoters to boost recovery of duesNARCL has already filed applications linked to both the corporate guarantee of Jaiprakash Power Ventures and personal guarantees of chairma...
- Who gets what in Vijay’s Tamil Nadu Cabinet as Congress, VCK, IUML join power tableTamil Nadu's political landscape has shifted with Chief Minister C Joseph Vijay forming a 35-member coalition ministry. This new government...
- Tamil Nadu Cabinet Expansion: CM Vijay adds 23 more ministers to TVK-led govt, shuffles some portfoliosT.N. Cabinet Expansion Updates: Tamil Nadu's new government has expanded its cabinet. Twenty-three more MLAs joined the State Cabinet. This...
- CM Vijay allocates portfolios, keeps police, home, youth welfareTamil Nadu Chief Minister C Joseph Vijay has announced cabinet portfolios. Key ministers have been assigned their departments. Vijay himsel...
- Credit at the tap: The opportunities and risks of India’s digital lending boomIndia's digital lending is rapidly transforming credit access, with mobile apps now disbursing significant loan volumes, especially to youn...
- Ground-level economic situation far removed from govt's propaganda: Congress on PM's WFH appealPrime Minister Narendra Modi's recent appeals for judicious fuel use and postponed purchases signal potential austerity measures. The Congr...
- Guardrails for MFIs need to continueIn a recent advisory, Sa-Dhan, a key player in the microfinance arena, underscores the necessity of upholding lending standards for financi...
- Sa-Dhan backs continued microfinance guardrails, suggests RBI steering panelSa-Dhan, a microfinance self-regulator, recommends maintaining lending guardrails for bottom-of-the-pyramid customers. These rules aim to p...
- Congress slams govt over household indebtedness, says it failed to acknowledge 'crisis'Congress highlighted household indebtedness as a major issue, citing stagnating wages as the root cause. Recovery from COVID-19 driven by l...
- MFIN tightens underwriting guidelines for lenders amid over-indebtedness concernsMFIN has tightened loan underwriting guidelines to address borrower over-indebtedness. Uniform treatment measures will help lenders with a ...
- Time to address extreme indebtedness: UNDPThe UN Development Programme's administrator, Achim Steiner, has called for action to be taken concerning the debt crisis affecting develop...
- You can do a lot to help your friend in debt by not doing any of thisThere is no virtue in being indebted but pointing it out won’t solve the problem, here's what will.
- Agriculture credit not reaching small farmers: AssochamA recent study by Assocham stated that agriculture credit is not reaching small farm holders in India, resulting in high level of indebtedn...
- Agri loans not only reason behind farmers' indebtedness: Government"Loans for cultivation of various crops, including Bt Cotton, are by themselves not responsible for the indebtedness of the farmers.
- Package to address indebtedness of farmers soon: PMThe government will soon come out with a package to address the indebtedness of farmers, Prime Minister Manmohan Singh said on Friday.
- Indebtedness on the rise, hits peak among OBCsLow interest rate and easier availability of credit has increased the Indian household sector’s appetite for borrowing.
- FM assures solution for rural indebtedness in PunjabFinance Minister P Chidambaram on Thursday assured Punjab that a lasting solution would soon be found to the problem of rural indebtedness ...
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