-Livemint.com Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers Could Maharashtra government and the Centre have mitigated Maharashtra’s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes, say farm sector experts, bankers, warehouse industry officials and former government officials. Pledge loans are loans secured by farmers from Banks against their farm produce deposited at a warehouse. Timely government intervention...

-The Hindu PoS devices’ demand falls on remonetisation, user charges Cash transactions are beginning to trump almost every form of digital payment alternative with April clocking a decline in volumes as well as value of transactions conducted through cards, mobile banking and the Unified Payment Interface (UPI). The trend assumes significance six months after the Centre announced demonetisation of ?500 and ?1,000 notes on November 8. The near-completion of the remonetisation process and merchants...

-Business Standard The programme will cover both water-scarce and flood-affected areas in India Ahmedabad: Ahead of the monsoon, the National Bank for Agriculture and Rural Development (Nabard) will be reaching out to 100,000 villages with its water conservation programme. The Nabard will be working with villagers on better use of water for agriculture and household purposes.   Amid a drought-like situation in several areas, the Nabard targets to help farmers extend water availability and...

-The Hindu Business Line Central bank says specified bank notes yet to be reconciled with the physical cash balances   New Delhi: Even six months after the demonetisation exercise, the Reserve Bank of India is yet to complete the accounting of the withdrawn Rs. 1,000 and Rs. 500 notes. The RBI has admitted as much in a 15-page response late in April to questions from the Standing Committee on Finance, headed by veteran Congress...

-The Telegraph New Delhi: The Union home ministry has asked nearly 6,000 of the 13,000 registered NGOs in the country receiving foreign donations to open accounts in nationalised Banks to facilitate constant surveillance of their activities. The NGOs have accounts in cooperative Banks or state-owned Banks, which do not have core-banking facilities. "To maintain surveillance on the activities of NGOs receiving foreign funds, the ministry wants all NGOs registered under the Foreign Contribution...