As per the data, the total outstanding loan to the power sector from various banks were at Rs 5,82,269 crore as on end of December 2014.

The plan was unveiled by Chief Secretary Rajiv Sharma at a meeting of the 2nd State Level Bankers Committee (SLBC) here this evening.

Chandrababu announced that crop loans up to Rs 1.5L would be waived as the state would carry entire debt burden costing Rs 35,000 crore.

He said discussions are still going on with respective state governments, which are yet to submit full details to the central bank .

The NDA government is committed to set up several national-level educational institutions like IIT in the (new) Andhra Pradesh.

The new rules are expected to give a big boost to refinancing by newly established infrastructure debt funds (IDFs).

AP government plans to re-schedule crop loan facility for benefit of farmers hit by recent heavy rains with regard to loans availed by them...

The overall rain deficiency in the country has reduced to 8%. The situation has improved but there are still areas which are severely hit b...

Drought-hit farmers, whose crop loans are rescheduled into term loans due to their inability to pay, may be charged lower interest rate at ...

Unitech, reeling under a debt burden of Rs 8,400 crore, has partly repaid Rs 500 crore loan it owes to mutual fund houses and has reschedul...

RBI has given banks two more months, up to March 31, 2009, to reschedule repayments on loans to prevent them from being classified as bad l...

Unitech, India’s second largest listed real estate company, is looking at restructuring a Rs 800-crore loan from public sector banks, as it...

Union Bank on Thursday said it has taken a series of measures to help the micro, small and medium enterprises (MSMEs) facing liquidity cris...

Kerala Government would submit to the Centre by this evening the tentative estimated loan amount required to be waived in the state under t...

Kerala Government would submit to the Centre by this evening the tentative estimated loan amount required to be waived in the state under t...

The Centre is planning to fund the farm loan waiver package over the next 24 months and at least 25% of the total Rs 60,000 crore package w...

In order to provide relief to the ailing poultry industry hit by bird flu in certain parts of the country, RBI asks the banks to reschedule...