ABN Telugu

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RBI Plans To Cut Interest Rates On Housing Loans | ABN Telugu

Reserve Bank Of India (RBI) planned to cut Interest Rates on Housing Loans, as the financial system is broke down with regard to demonetization. RBI is encouraging the Bond market indicating the decrease in interest rates and also to give loans to small scale industries.

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SBI Writes Off Rs 7016 Crore Defaulter Loans, Including Vijay Mallya | ABN Telugu

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State Bank of India the country’s largest public sector lender, has decided to write off loans worth nearly Rs 7016 crore of as many as 63 wilful defaulters including Vijay Mallya. This means the loans given to Kingfisher Airlines, will no longer be shown in the bank’s balance sheet.

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SBI Writes Off Rs 7016 Crore Defaulter Loans, Including Vijay Mallya Kingfisher Airlines | ABN

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Indian Bank seizes Minister Ganta Srinivasa Rao Assets | ABN Telugu

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AP education Minister Ganta Srinivasa Rao's assets were recovered by the Indian bank as he could not repay the huge loans that he aviled from the bank. With this the Bank has listed Mr.Rao as defaulter and issued notices and paper statements that the property of Rao would be seized and recovered. I

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