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Eurozone loans to private sector still contracting: ECB

Last Updated: Friday, July 25, 2014, 16:02

The ECB regards M3 money supply as a barometer for future inflation.

Cairn India gives surprise $1.25 bn loan to Vedanta; stock tanks

Last Updated: Thursday, July 24, 2014, 18:13

After using its cash to help new promoter raise stake in the company, Cairn India has loaned out USD 1.25 billion to Vedanta Group, leading to its stock dropping by the most in five years.

Govt`s loan waiver scheme praised by all, says Andhra DyCM

Last Updated: Wednesday, July 23, 2014, 15:47

Andhra Pradesh Deputy Chief Minister N Chinna Rajappa on Wednesday said the government`s loan waiver scheme for farm sector and women self-help groups has been appreciated by people in the state.

RBI relaxes norms for loans against gold ornaments

Last Updated: Tuesday, July 22, 2014, 19:04

The Reserve Bank on Tuesday relaxed the limit of loan that banks can sanction against the pledging of gold ornaments and jewellery.

India firms borrowed $1.89 bn from overseas makets in June: RBI

Last Updated: Tuesday, July 22, 2014, 18:43

Borrowings by Indian firms declined by over 3 percent from a year ago to USD 1.89 billion in June 2014, according to Reserve Bank data released today. During June 2013, India Inc had raised USD 1.95 billion from overseas markets by way of external commercial borrowings (ECBs).

Andhra Pradesh govt to waive farm loans of up to Rs1.5 lakh per family

Last Updated: Tuesday, July 22, 2014, 00:16

Andhra Pradesh Government on Monday announced it would waive farm loans of up to Rs 1.5 lakh per family, a move that is likely to impose a financial burden of Rs 35,000 crore on the cash-starved state exchequer.

Indian companies raise Rs 3,300 cr via NCDs

Last Updated: Sunday, July 20, 2014, 10:43

A cumulative amount of Rs 42,383 crore had been garnered through 35 issues of NCDs in the entire 2013-14 fiscal.

SBI chief flags off 'home loan on wheels' in city

Last Updated: Saturday, July 19, 2014, 17:21

State Bank of India has undertaken today a campaign "home loan on wheels", with its chairperson Arundhati Bhattacharya flagging off first two vans here.

RBI asks banks not to charge usurious interest rate on loans

Last Updated: Friday, July 18, 2014, 18:35

RBI has advised boards of banks not to levy usurious interest rate including processing and other charges on loans.

FCI invites bids for short-term loan of Rs 20,000 crore

Last Updated: Thursday, July 17, 2014, 17:27

Amid rising food subsidy arrears, the Food Corporation of India (FCI) for the second time this fiscal has floated a tender inviting bids for short-term loan of Rs 20,000 crore for smooth procurement and distribution of food grains.

Nigeria Prez seeks USD 1 bn in loan to fight insurgents

Last Updated: Thursday, July 17, 2014, 04:43

Embattled Nigerian President Goodluck Jonathan sought parliamentary approval to borrow up to USD 1 billion in foreign loan to fight an insurgency by Boko Haram militants which has claimed thousands of lives in the past five years.

Telangana govt endorses farm loan waiver plan

Last Updated: Thursday, July 17, 2014, 01:39

The Telangana government tonight endorsed the farm loan waiver plan, a key poll promise of TRS, which would cost about Rs 19,000 crores.