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More funds for rural infrastructure

The corpus of the Rural Infrastructure Development Fund (RIDF), which is the main instrument of the government to channelise bank funds for financing rural infrastructure, has been increased from......

RIDF deposit, lending rates snipped by 2%

The Reserve Bank of India with the approval of the Government of India, has reduced the deposit and lending rates under the Rural Infrastructure Development Fund by 200 basis points (2 per cent)......

Public banks demands remain largely unmet in Budget

Public sector banks are disappointed with the Union Budget 2015. Budget Provisions Allocated Rs 7940 crore for recapitalization of Public Sector Banks in 2015-16 to help them maintain comfortable......

Confused about the Budget proposals? Please read this

Extends fiscal deficit reduction roadmap by one year to 2017-18 Raises services tax, to implement GST by April 2016 and cut corporation tax from 2016-17 to 25% by 2020 The Government has presented......

Cement: Benefits from thrust on housing and infrastructure

Budget proposals The following announcements have been proposed in the Union budget 2015-16:- National Investment and Infrastructure Fund (NIIF), to be established with an annual flow of Rs 20000......
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NABARD sanctions Rs 1,350-cr loan to Rajasthan govt

The National Bank of Agriculture and Rural Development (NABARD) has sanctioned a loan assistance of Rs 1,349.55 crore to the Rajasthan government... ...

http://www.business-standard.com/article/pti-stories/nabard-sanctions-rs-1-350-cr-loan-to-rajasthan-govt-117082000505_1.html
KFDC posts Rs 2.26 crore net profit in 2016-17

The Karnataka Fisheries Development Corporation Ltd (KFDC) has posted a net profit of Rs 2.26 crore in 2016-17, which is first time in the history... ...

http://www.deccanherald.com/content/624153/kfdc-posts-rs-226-crore.html
Sonowal urges Jaitley for financial help for flood-hit Assam

At a meeting with Union Finance Minister Arun Jaitley, Sonowal sought his intervention in the release of funds under the Flood Management Programme... ...

http://www.dnaindia.com/india/report-sonowal-urges-jaitley-for-financial-help-for-flood-hit-assam-2507523

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