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`Non-revision of rentals of cold storage leading to default`

Last Updated: Sunday, March 10, 2013, 13:38

There are reports of closure of 14 potato cold storages in West Bengal after defaults in loan repayments due to non-revision of rentals in the last three years, an industry official said here Sunday.

High rates, slow growth impacted loan repayments: FM

Last Updated: Tuesday, April 24, 2012, 17:05

High interest rates and slow economic growth in 2011 has adversely impacted the repayment capacity of borrowers, Finance Minister Pranab Mukherjee said on Tuesday.