Loans worth Rs 1,121 cr given to beneficiaries by Sitharaman in Bihar
Some senior citizens aged 70 years and above were provided Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) cards also.
Some senior citizens aged 70 years and above were provided Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) cards also.
The loan is being raised for general corporate purposes through its branch at the Gujarat International Finance Tec-City, the report said.
LIC Housing Finance Ltd on Monday reported 12 per cent increase in net profit at Rs 1,329 crore in Q2 FY25, from Rs 1,188 crore in the same period last year.
While highlighting that the reliance on personal funds for business operations increases with age, the survey said among self-employed women, 52% of those over 45 years old use their own savings, compared to only 36% of those aged 25-35 years.
Fintech NBFCs doubled their share in six years, accounting for 65% of the loan sanction volume and 11% of the loan sanction value in the overall personal loan market in FY23-24.
Elaborating on the extendable moratorium, the ministry said this extended moratorium becomes part of an individualised solution for a borrower and is made available along with other interventions.
Solicitor General Tushar Mehta urged the court to allow the Centre to discuss the issue with the central bank and the bankers’ association and arrive at a solution on the issue of waiving the “interest on interest” during the loan moratorium period.
Member of the Board of Directors and Additional Chief Secretary Social Justice and Empowerment Nisha Singh and other senior officials were present in the meeting.
The loan amount will focus on immediate priorities such as disease containment and prevention, as well as social protection for the poor and economically vulnerable sections of the society, especially women and disadvantaged groups.
Such scamsters have now come up with a new method to dupe gullible citizens by sending them OTPs.