The government today decided to release Rs 4,868 crore to public sector lenders for providing concessional loans to farmers.The decision, taken at a Cabinet meeting, will help lenders provide farmers short-term crop loan at 7 per cent interest. "The Union Cabinet today...
BANGALORE: India plans to set up a $10-billion infrastructure debtfund for long-term financing infrastructure projects across the country, Planning Commission deputy chairman Montek Singh Ahluwalia said late Friday. "The proposal is to initially have a $10 billion...
Mervyn King says he is 'heartbroken' by the way banks are refusing to lend to small firms Greedy banks have slashed the value of loans offered to small businesses by almost half in the past two years. An average £564million a month is lent to small firms – down...
The June 09, 2010 German Government Denial of 1.1 billion euros (1.3 billion dollars) loan guarantee to General Motors Company for its Opel Assembly Facilities in Germany - might have been illegal. The reason is that the German Government has already provided State...
GLEN ALLEN, Va., July 30, 2010 /PRNewswire via COMTEX NewsNetwork/ -- First Capital Bancorp, Inc. (Nasdaq: FCVA) today reported its results from operations for the three and six months ended June 30, 2010. First Capital Bancorp, Inc. (The Company) announced a second...
Symbol & exchange: FGE-V MONTREAL, July 30 /CNW Telbec/ - Forest Gate Energy Inc. reports that it has issued 4,228,290 common shares in settlement of unpaid salaries and fees, which had been deferred in order to preserve cash, payable to officers, directors and...
By STEVEN MALANGA From the City Journal In the early 1970s, New Jersey officials decided to build a sports facility in the Meadowlands, the state's wetlands just outside New York City. To help pay for it, they formed the New Jersey Sports and Exposition Authority...
MUMBAI: Restructured loans in the bankingindustry have almost doubled in 2009-10, shows a study by Karvy Stock Broking on top 28 commercial banks. The broking firm study shows that standard restructured assets stood at Rs 1,11,057 crore for 2009-10 compared with Rs...
NEW DELHI: The government on Friday decided to release Rs 4,868 crore to state-owned banks for providing short-term crop loans to farmers at a concession of up to 4% to lending rates. The decision, taken at a Cabinet meeting chaired by the Prime Minister Manmohan Singh,...
