-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....
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Public sector banks' long-term strategy on Jan Dhan begins to pay off -TCA Sharad Raghavan
-The Hindu Total deposits in the last three years have grown by over 2.5 times to Rs. 98,400 cr. Public sector banks stand to earn as much as Rs.5,000 crore due to the increasing quantum of deposits placed in Jan Dhan accounts, and can vastly monetise this resource once they start implementing advanced analytics and begin lending to these customers, according to industry players and analysts. Over the last three years, the number...
More »The government's anti-corruption scorecard -Anjali Bhardwaj and Amrita Johri
-The Hindu The last five years have seen consistent attacks on anti-corruption laws and institutions The popular sentiment that helped the BJP in the 2014 general election was resentment against corruption in public life. The party’s clarion call for a corruption-free India resonated with the electorate, who believed the BJP’s prime ministerial candidate when he pledged, “Na khaunga, na khane dunga (neither will I indulge in corruption, nor allow anyone else to...
More »30 per cent of poll code violations registered in BJP-ruled UP, says Election Commission -Kumar Vikram
-The New Indian Express In UP, Samajwadi Party (SP) leader Azam Khan has Been mentioned in 12 cases of alleged violations. Final decisions by the EC are awaited in several of these cases. NEW DELHI: Bharatiya Janata Party (BJP)-ruled Uttar Pradesh, which is witnessing a fierce political battle in this political season, topped the list of states which registered cases of Model Code of Conduct (MCC) violations, according to data from the...
More »Elections 2019: Tears of Onion Farmers to Affect BJP Bastion in North Maharashtra -Amey Tirodkar
-Newsclick.in Northern Maharashtra, which produces almost 60% of India’s total onion crop, has seen a steady fall in onion rates creating a crisis for the farmers in the drought affected state. Two months back, NewsClick reported the suicide of a 22-year-old boy whose onion crop had failed. This Akshay Tambe was from Bhoom tehsil of Marathwada, an area which is actually not known for onion cultivation. But the heart wrenching stories of...
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