Shiv Kumar Tribune News Service Mumbai, June 24 The Maharashtra government has announced a farm loan waiver amounting to Rs 34,000 crore. Called the Chatrapati Shivaji Maharaj Krishi Samman Yojana, loans up to Rs 1.5 lakh rupees of individual farmers that were taken before July 2016 will be waived, Chief Minister Devendra…
Crossroads Capital Announces Results of Special Meeting & Conversion to Liquidating Trust Friday, June 23, 2017 8:07 PM UTC LINCOLN, Neb., June 23, 2017 — Crossroads Capital, Inc. (the Company) announced the results of its reconvened special meeting held on June 23, 2017. The Companys special meeting of stockholders was convened on June 2, 2017. …
Two weeks after a loan waiver was announced, Maharashtra chief minister Devendra Fadnavis on Saturday launched another scheme to provide Rs 34,000 crore debt relief to the financially distressed farmers in the state. The newly announced scheme by the BJP-led government will see debt of up to Rs 1.5 lakh per farmer being written off.…
Members of the armed forces are at risk of financial problems when they the leave, in part because they struggle to find new employment, according to advice provider PayPlan. The average debt held by former military personal entering an Individual Voluntary Arrangement stands at £51,435, internal figures from the company showed, compared to an overall…
Beena Parmar Moneycontrol News The banking sector this week was shadowed largely with the bankers doing marathon meetings to decide on the 12 large corporate bad loan accounts identified by the Reserve Bank of India to be taken to the National Company Law Tribunal under the Insolvency and Bankruptcy Code. The 12 defaulted borrowers include…
LINCOLN, Neb., June 23, 2017 (GLOBE NEWSWIRE) — Crossroads Capital, Inc. (the Company) announced the results of its reconvened special meeting held on June 23, 2017. The Companys special meeting of stockholders was convened on June 2, 2017. Shareholders approved the Companys withdrawal of its election to be regulated as a business development company under…
By: ENS Economic Bureau | Mumbai | Published:June 24, 2017 2:03 am On Thursday, banks had decided to take Bhushan Steel, Essar Steel and Electrosteel Steels to NCLT for insolvency proceedings. Lenders, led by Punjab National Bank, on Friday decided to initiate proceedings against Bhushan Power & Steel under the Insolvency and Bankruptcy Code. Banks…
MUMBAI: A consortium of lenders has given Punjab National Bank (PNB) the mandate to begin bankruptcy proceedings against Bhushan Power and Steel, one of the largest defaulters among the 12 companies identified by the Reserve Bank of India. The company, promoted by Sanjay Singhal, has outstanding loans of more than Rs 55,000 crore and is…
The Finance Ministry obligates itselfstarting next yearto fund the pensions of 9,000 Holocaust survivors who have so far received it from the Company for Location and Restitution of Holocaust Victims Assets, the amount of which is estimated to be about NIS 100 million annually. In anticipation of the…
You thought you did everything right: got into a good college, netted that degree, and joined the working world. To put the cherry on top of your adulting sundae, you decided to streamline your student debt with some professional help thinking that, for only a couple hundred bucks, a reputable company would get your loans…