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FM Nirmala Sitharaman urges industry to overcome hesitation and propel growth

February 5, 2020

Finance Minister Nirmala Sitharaman on February 4 said that industry is now expected to overcome its hesitation and be the ...

Goldman Sachs is close to a deal with Amazon to offer loans to the e-commerce giant’s merchants

by Loknath Das

February 4, 2020

Goldman Sachs is in talks to offer small business loans to merchants on Amazon’s sprawling e-commerce platform, according to a person with ...

FM Sitharaman likely to raise stake sales target to ₹1.5 trillion

by Loknath Das

January 22, 2020

NEW DELHI : Finance minister Nirmala Sitharaman is likely to set an even more ambitious disinvestment target of ₹1.5 trillion for the year starting ...

Banks loan growth at 7.5 per cent in fortnight to January 2: RBI data

by Loknath Das

January 19, 2020

Banks credit grew by 7.57 per cent to Rs 100.44 lakh crore while deposits rose by 9.77 per cent to ...

Indian govt’s outstanding loans from RBI at $8.53 bln in week to Jan. 10

by Loknath Das

January 18, 2020

BENGALURU: The Indian government had 606.05 billion rupees ($8.53 billion) of outstanding loans with the central bank under ways and means advances in the week ended ...

Bad loans may continue to stress banks

by Loknath Das

January 13, 2020

Mumbai: Subdued loan growth, high provisioning on large accounts and corporate tax conversion could weigh down on bank earnings in the quarter ended ...