Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | No Bank of Maharashtra loans for drought-hit farmers -Manojit Saha    </title>
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Lender cites high bad loans for drastic move in two States; Marathwada, Vidarbha to be impacted

Mumbai: In an unusual move, a state-run lender, Bank of Maharashtra, has decided not to extend loans in eight zones in Maharashtra and Madhya..."/>
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Lender cites high bad loans for drastic move in two States; Marathwada, Vidarbha to be impacted

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                            <div align="justify">-The Hindu<br /><br /><em>Lender cites high bad loans for drastic move in two States; Marathwada, Vidarbha to be impacted<br /><br />Mumbai: </em>In an unusual move, a state-run lender, Bank of Maharashtra, has decided not to extend loans in eight zones in Maharashtra and Madhya Pradesh that include Aurangabad, Latur, Akola, and Amravati, which are hit by drought.<br /><br />The bank cited high bad loans from agricultural advances in the branches of these zones for the decision. The other zones are Solapur and Jalgaon in Maharashtra and Bhopal and Jabalpur in Madhya Pradesh.<br /><br />&ldquo;The present condition of agriculture is pathetic, wherein gross NPAs under agriculture stood at 18.36%,&rdquo; the bank said in a circular to the branches. A copy of the circular has been reviewed by The Hindu. The bank had seen fresh slippages of Rs.1,300 crore during 2018-19 from agriculture loans.<br /><br />&ldquo;It is observed that eight zones/its branches are having high % [percentage] of agri NPAs which are identified for curative action on NPA management,&rdquo; the circular said.<br /><br /><em>Remedial action<br /></em><br />The remedial action, as suggested by the &lsquo;top management&rsquo;, says, &ldquo;Branches having NPAs &gt; 15% shall not sanction new/enhancement proposals under agriculture.&rdquo; <br /><br />Please <a href="https://www.thehindu.com/news/national/other-states/no-bank-of-maharashtra-loans-for-drought-hit-farmers/article26975140.ece?homepage=true" title="https://www.thehindu.com/news/national/other-states/no-bank-of-maharashtra-loans-for-drought-hit-farmers/article26975140.ece?homepage=true">click here</a> to read more. <br /></div>                                                           
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Lender cites high bad loans for drastic move in two States; Marathwada, Vidarbha to be impacted

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    <h1 class="cat-box-title">No Bank of Maharashtra loans for drought-hit farmers -Manojit Saha</h1>
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                            <div align="justify">-The Hindu<br /><br /><em>Lender cites high bad loans for drastic move in two States; Marathwada, Vidarbha to be impacted<br /><br />Mumbai: </em>In an unusual move, a state-run lender, Bank of Maharashtra, has decided not to extend loans in eight zones in Maharashtra and Madhya Pradesh that include Aurangabad, Latur, Akola, and Amravati, which are hit by drought.<br /><br />The bank cited high bad loans from agricultural advances in the branches of these zones for the decision. The other zones are Solapur and Jalgaon in Maharashtra and Bhopal and Jabalpur in Madhya Pradesh.<br /><br />&ldquo;The present condition of agriculture is pathetic, wherein gross NPAs under agriculture stood at 18.36%,&rdquo; the bank said in a circular to the branches. A copy of the circular has been reviewed by The Hindu. The bank had seen fresh slippages of Rs.1,300 crore during 2018-19 from agriculture loans.<br /><br />&ldquo;It is observed that eight zones/its branches are having high % [percentage] of agri NPAs which are identified for curative action on NPA management,&rdquo; the circular said.<br /><br /><em>Remedial action<br /></em><br />The remedial action, as suggested by the &lsquo;top management&rsquo;, says, &ldquo;Branches having NPAs &gt; 15% shall not sanction new/enhancement proposals under agriculture.&rdquo; <br /><br />Please <a href="https://www.thehindu.com/news/national/other-states/no-bank-of-maharashtra-loans-for-drought-hit-farmers/article26975140.ece?homepage=true" title="https://www.thehindu.com/news/national/other-states/no-bank-of-maharashtra-loans-for-drought-hit-farmers/article26975140.ece?homepage=true">click here</a> to read more. <br /></div>                                                           
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        LATEST NEWS UPDATES | No Bank of Maharashtra loans for drought-hit farmers -Manojit Saha    </title>
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-The Hindu

Lender cites high bad loans for drastic move in two States; Marathwada, Vidarbha to be impacted

Mumbai: In an unusual move, a state-run lender, Bank of Maharashtra, has decided not to extend loans in eight zones in Maharashtra and Madhya..."/>
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-The Hindu

Lender cites high bad loans for drastic move in two States; Marathwada, Vidarbha to be impacted

Mumbai: In an unusual move, a state-run lender, Bank of Maharashtra, has decided not to extend loans in eight zones in Maharashtra and Madhya..." />
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                            <div align="justify">-The Hindu<br /><br /><em>Lender cites high bad loans for drastic move in two States; Marathwada, Vidarbha to be impacted<br /><br />Mumbai: </em>In an unusual move, a state-run lender, Bank of Maharashtra, has decided not to extend loans in eight zones in Maharashtra and Madhya Pradesh that include Aurangabad, Latur, Akola, and Amravati, which are hit by drought.<br /><br />The bank cited high bad loans from agricultural advances in the branches of these zones for the decision. The other zones are Solapur and Jalgaon in Maharashtra and Bhopal and Jabalpur in Madhya Pradesh.<br /><br />&ldquo;The present condition of agriculture is pathetic, wherein gross NPAs under agriculture stood at 18.36%,&rdquo; the bank said in a circular to the branches. A copy of the circular has been reviewed by The Hindu. The bank had seen fresh slippages of Rs.1,300 crore during 2018-19 from agriculture loans.<br /><br />&ldquo;It is observed that eight zones/its branches are having high % [percentage] of agri NPAs which are identified for curative action on NPA management,&rdquo; the circular said.<br /><br /><em>Remedial action<br /></em><br />The remedial action, as suggested by the &lsquo;top management&rsquo;, says, &ldquo;Branches having NPAs &gt; 15% shall not sanction new/enhancement proposals under agriculture.&rdquo; <br /><br />Please <a href="https://www.thehindu.com/news/national/other-states/no-bank-of-maharashtra-loans-for-drought-hit-farmers/article26975140.ece?homepage=true" title="https://www.thehindu.com/news/national/other-states/no-bank-of-maharashtra-loans-for-drought-hit-farmers/article26975140.ece?homepage=true">click here</a> to read more. <br /></div>                                                           
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No Bank of Maharashtra loans for drought-hit farmers -Manojit Saha

Published on Apr 29, 2019   Modified on Apr 29, 2019

-The Hindu Lender cites high bad loans for drastic move in two States; Marathwada, Vidarbha to be impacted Mumbai: In an unusual move, a state-run lender, Bank of Maharashtra, has decided not to extend loans in eight zones in Maharashtra and Madhya Pradesh that include Aurangabad, Latur, Akola, and Amravati, which are hit by drought. The bank cited high bad loans from agricultural advances in the branches of these zones for the decision. The other zones are Solapur and Jalgaon in Maharashtra and Bhopal and Jabalpur in Madhya Pradesh. “The present condition of agriculture is pathetic, wherein gross NPAs under agriculture stood at 18.36%,” the bank said in a circular to the branches. A copy of the circular has been reviewed by The Hindu. The bank had seen fresh slippages of Rs.1,300 crore during 2018-19 from agriculture loans. “It is observed that eight zones/its branches are having high % [percentage] of agri NPAs which are identified for curative action on NPA management,” the circular said. Remedial action The remedial action, as suggested by the ‘top management’, says, “Branches having NPAs > 15% shall not sanction new/enhancement proposals under agriculture.” Please click here to read more.

The Hindu, 29 April, 2019, https://www.thehindu.com/news/national/other-states/no-bank-of-maharashtra-loans-for-drought-hit-farmers/article26975140.ece?homepage=true

Tagged with: Non-Performing Assets Agricultural loans Farm Loans NPAs maharashtra

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