Global agencies downgrade India's rating
Jul 31, 2008
Banks' NPAs soar on account of agri loan waiver
May 05, 2008
On April 17, 2017 14:59 (IST)
"Farm loan waivers of up to 2 per cent of GDP in the run up to the 2019 hustings pose fiscal/rate risk and impacts credit culture," analysts at Bank of America Merill Lynch said in a note on Monday.
On April 06, 2017 15:59 (IST)
The RBI governor said such write-offs of loans also meant "transfers from taxpayers to borrowers. If on account of this, overall government borrowings go up, yields on government bonds also are impacted."
On April 04, 2017 21:21 (IST)
The first cabinet meeting presided over by Chief Minister Yogi Adityanath decided to float Kisan Rahat Bonds for raising Rs 36,359 crore required for waiving loans of small and marginal farmers .
On March 23, 2017 16:20 (IST)
Echoing State Bank of India chief Arundhati Bhattacharya's views, Reserve Bank of India (RBI) Deputy Governor S.S. Mundra on Thursday expressed concern over farm loan waiver.
On March 20, 2017 20:28 (IST)
The Bharatiya Janata Party had in its UP election manifesto promised to waive farmers' loans if elected to power. The party and its allies won a whopping 325 seats in the 403-member house.
On March 15, 2017 14:41 (IST)
Ahead of the recently concluded assembly elections in Uttar Pradesh, the BJP had promised to bring in a loan waiver scheme for farmers in the state, if its voted to power.
On August 26, 2014 00:00 (IST)
Even as Andhra Pradesh and Telangana continue with demand of farm loan waivers, Reserve Bank of India (RB) Governor Raghuram Rajan on Monday asked the states to refrain from seeking such concessions.
On August 29, 2013 13:17 (IST)
Irregularities to the tune of Rs 230 crore have been found in the farm loan waiver scheme and action is being taken in this regard, Finance Minister P Chidambaram said on Tuesday.