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March 25, 2025, 03:19 PM - 3 min read
The RBI has issued new Master Directions on PSL, which will come into effect on April 1, 2025. The updated guidelines are set to replace the existing framework established under the 2020 PSL directions.
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December 11, 2024, 03:56 PM - 3 min read
Assam’s Chief Minister, Himanta Biswa Sarma, announced loan waivers for women who have borrowed up to Rs 50,000, as well as financial assistance for flood-affected families. The initiative is aimed at ensuring efficient delivery of welfare benefits to vulnerable communities.
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December 5, 2024, 09:01 AM - 2 min read
The loan will also enhance private sector participation by improving e-government services for businesses in districts, especially in the tourism sector, the media release said.
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April 30, 2024, 03:23 PM - 2 min read
The RBI expressed serious concern over non-standard interest charging practices inconsistent with fairness and transparency, directing banks, NBFCs, and housing finance firms to refund excess interest and charges to affected customers upon discovery.
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April 16, 2024, 04:52 PM - 2 min read
Any fees, charges etc. which are not mentioned in the KFS, cannot be charged by the Regulated Entities (REs) to the borrower at any stage during the term of the loan without explicit consent of the borrower.
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April 16, 2024, 03:25 PM - 2 min read
In light of the prevalence of misinformation, NABARD called for the cooperation of all stakeholders in ensuring the dissemination of accurate information and discouraging the spread of falsehoods.
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February 21, 2024, 08:03 PM - 2 min read
City Magistrate Vikash Kashyap visited the hospital and reported that the farmer sustained minor facial burns and received immediate medical attention. Kashyap mentioned that Brijpal had a loan-related concern, which authorities promised to resolve, following which he took the step.
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February 16, 2024, 05:49 PM - 2 min read
The Karnataka government has decided to waive interest on medium and long-term overdue loans of District Cooperative Central and Primary Cooperative Agriculture and Rural Development banks, Chief Minister Siddaramaiah said on Friday, claiming that it would benefit more than 57,000 farmers.
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