Business  /  Published 17.10.20

Doubts persist over GST offer

After making a U-turn on borrowing to compensate the states for GST revenue loss, finance minister Nirmala Sitharaman has written to them on the terms under which the Centre will borrow a sum of Rs 1,...
By Our Special Correspondent in New Delhi

Business  /  Published 15.10.20

Relief may vary across borrowers

The Centre and the Reserve Bank will be hard at work over the festival period to come up with the details of the interest waiver scheme. The speculation is the relief will not be uniform across all c...
By Our Special Correspondent in Mumbai

Business  /  Published 14.10.20

Bengal set to get Rs 613 crore loan

The government is keeping the option of coming out with more stimulus steps to boost demand and various measures are being assessed, senior finance ministry officials said on Tuesday. “We are n...
By Our Special Correspondent in New Delhi

Business  /  Published 10.10.20

Central bank to buy state govt bonds

In a first of its kind move, the RBI on Friday announced that it will buy state development loans (SDLs), or bonds issued by state governments, in the secondary market. The step comes three days...
By Our Special Correspondent in Mumbai

Business  /  Published 29.09.20

SBI festive offer for retail borrowers

The country’s largest lender — State Bank of India — on Monday announced a slew of festive offers for its retail borrowers, including 100 per cent waiver of processing fee for all cu...
By Our Bureau in Mumbai


India  /  Published 28.09.20

Family suicide bid, finger at moneylender

A shoemaker-cum-cobbler attempted suicide with his wife and two children in an Agra village on Sunday morning after uploading a video accusing a moneylender of tormenting the family. Deepak Kumar, 30...
By Piyush Srivastava in Lucknow

Business  /  Published 22.09.20

Rajan plan to stem bad loan crisis

Former RBI governor Raghuram Rajan on Monday suggested the government to privatise select public sector banks, set up a bad bank to deal with NPAs and dilute the role of Department of Financial Servic...
By PTI in New Delhi

Calcutta  /  Published 16.09.20

In crisis, interest-free loans

The NGO has formed a panel for the livelihood loans programme to “identify genuine people in need of help”. Those who have been given loans are not being left to themselves. Volunteers fr...
By Jhinuk Mazumdar in Calcutta

West Bengal  /  Published 16.09.20

Loan plan to meet tea auction centre expenses

The committee that runs Jalpaiguri’s North Bengal Tea Auction Centre (NBTAC), where no sale has been conducted since 2015, has decided to apply for a bank loan to meet the expenses. Since 2005,...
By Our Correspondent in Jalpaiguri

India  /  Published 27.08.20

SC: goverment putting business before people

The Supreme Court on Wednesday slammed the Centre for failing to clarify its stand on the waiver of interest on loans that became eligible for a six-month moratorium that ends on August 31 — and...
By Our Legal Correspondent in New Delhi


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