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Agriculture And Allied Industries

Fiscal Year:

Credit grows at over 10% in December

Mumbai: Credit growth in India was 10.83 per cent year-on-year for the fortnight ended on December 22, 2017, as per data released by the Reserve Bank of India (RBI).

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January 04, 2018

Industry credit grows for first time this year in Nov

Mumbai: Industry credit grew 1 per cent in November 2017, first time this year on the back of rising demand stemming from busy economic activity in the second half of 2017.

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January 01, 2018

Digital payments revolution to transform credit disbursal

New Delhi: The digital payments revolution will trigger massive changes in the way credit is disbursed in India, according to Mr Amitabh Kant, CEO of NITI Aayog.

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December 12, 2017

Ordinance to amend the Insolvency and Bankruptcy Code, 2016 promulgated;

New Delhi: The Government of India passed the Ordinance to amend the Insolvency and Bankruptcy Code, 2016, which aims at preventing unscrupulous persons from misusing the provision...

November 24, 2017

PSU banks line up to raise funds after recapitalisation plan, Moody's rating upgrade

Mumbai: Public sector banks are lining up to raise funds via qualified institutional placements (QIP), backed by better investor sentiment after the Government of India's bank ...

November 22, 2017

MFIs gross loan portfolio surges 24% to Rs 38K cr in Q2

New Delhi: The gross loans of India’s Non- Banking Finance Company-Microfinance Institutions (NBFC-MFIs) increased 24 per cent year-on-year in Q2 FY18 to Rs 38,288 crore (US$...

November 22, 2017

Govt plans GST sops for digital payments

New Delhi: The Government of India is planning to introduce a two percentage point discount in the Goods and Services Tax (GST) on business-to-consumer (B2C) transactions made via ...

November 22, 2017

Card transactions soar 84% in Sep 2017 to Rs 74,090 cr: Report

Mumbai: Debit and credit transactions in India have increased 84 per cent year-on-year to Rs 74,090 crore (US$ 11.43 billion) in September 2017, backed by the Government of India&#...

November 20, 2017
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