Loans amounting to Rs 15,626 crore have been sanctioned under Agriculture Infrastructure Fund to create 21,380 infrastructure units at an aggregate investment of more than Rs 32,000 crore all over the country till this year.

The country’s largest two-wheeler maker has agreed to invest up to Rs 700 crore in Hero FinCorp Limited (HFCL).

Nearly 88,000 MSME units in Gujarat have got clearance of loans in a fortnight from nationalised banks, amounting to Rs. 5373 crore. Of these, the banks have already distributed Rs. 2428 crore worth of loans to approximately 31,000 MSME units.

Nearly 88,000 MSME units in Gujarat have got clearance of loans in a fortnight from nationalised banks, amounting to Rs. 5373 crore. Of these, the banks have already distributed Rs. 2428 crore worth of loans to approximately 31,000 MSME units.

India has recently signed Loan Agreement with World Bank for US$ 250 Million for “Skills Acquisition and Knowledge Awareness for Livelihood Promotion” (SANKALP) Project.

With the aim to revive the ailing construction sector, the Cabinet Committee on Economic Affairs (CCEA) has approved various measures proposed by the NITI Aayog.

It is a welcome step by the apex bank. We now expect banks to cut home loan rates to pass on the actual benefits to home buyers.

The third time rate cut in the year is definitely in line with the expectation of the market. Government is trying to create new pathways for growth and this policy announcement will provide the much needed stimulus to the economy only if benefits of the same are passed by the bank to the consumers, as suggested by RBI Governor.

The Indian Renewable Energy Development Agency (IREDA) is likely to raise tax free bounds worth Rs.2,000 crores from markets to support the solar initiatives of the government in next few months in a bid to lend soft loans to developers to accomplish the roof top mission of the government, according to the Ministry of New and Renewable Energy.