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Ap Money Lenders

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PNB scam, demand for special status for AP stall Parliament

Noisy protests disrupted the both houses of the Parliament on the first day of the second part of the budget session.    Lok Sabha The Lok Sabha was adjourned for the day after......

AP: The plight of the Gulf returnees

There seems to be no end to the problems faced by Andhra Pradesh. First it was terrorism and now there is the problem of Gulf returnees committing suicide. In all, around 45,000 illegal immigrants......

Dead End! What's eating AP farmers?

Andhra Pradesh accounts for three out of four suicides by farmers in the country.This is a statistic often quoted by Chief Minister Dr Y S Rajasekhar Reddy. While he quoted these numbers with a......

'Money lending has become prudent and conservative'

'We need to be far more careful given the fact that while this is group lending, it's essentially unsecured.' Illustration: Dominic Xavier/Rediff.com Microfinance institutions (MFIs) have become......

JNPT terminal, Petya's first victim in India

AP Moller-Maersk, one of the affected entities globally, operates the Gateway Terminals India at JNPT. Operations at the terminal of the nation's largest container port Jawaharlal Nehru Port Trust......

At 9.3 mn, a third of MFI borrowers are defaulters

Almost one in every three borrowers did not repay loans to microfinance companies since the industry plunged into a crisis in October 2010.In absolute terms, close to 9.2 million customers (almost......

Land acquisition risky for foreign investors

Foreign investors consider land acquisition in India as a high risk transaction because there is no comfort of title insurance to protect their financial interest in immovable properties, according......

New law to regulate money lending proposed

The Andhra Pradesh government proposes to enact AP Money Lenders and Accredited Loan Providers Act, 2010, on the lines of a model bill suggested by the Reserve Bank of India. The objective of the......

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