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fresh loans

Home loans declined by 55%

Home loans declined by 55%
Fresh loans worth Rs 1,375 crore have been granted to 18,510 beneficiaries during the third quarter September-December last year as a decrease of 55% from the same period in 2012. A record shortfall in demand for home loans last year has been led by the slowdown in real estate and overall economic slump. The fall [...] Continue Reading »

Discom loan restructuring backed by states

Discom loan restructuring backed by states
As suggested by the Centre, major states agreed to the plan of restructuring loan for power distribution companies (discoms) worth Rs 1.2 lakh crore, including revision of tariffs and roping in the private sector. The state government will take over half the short term outstanding loan after discoms issue bonds to lenders. The maturity of [...] Continue Reading »



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