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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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Fitch Assigns an 'A-' IDR to Cellco Partnership; Outlook Stable

From the Wires Jul. 27, 2016 05:26 PM Fitch Ratings has assigned an 'A-' Long-Term Issuer Default Rating (IDR) to Cellco Partnership, a... ...
Assam budget proposes Rs 30,000 cr rural mission

27 July 2016, Guwahati, M Post Bureau Assam government on Tuesday proposed to roll out a major scheme for rural development envisaging... ...
Assam to undertake Rs 30,000 crore rural investment programme to double farm income

Assam will soon undertake a massive five-year long rural investment programme of Rs 30,000 crore to double the income of agricultural farmers in... ...
Fitch Rates Nebraska Medicines Revs AA Outlook Stable

CHICAGO--( BUSINESS WIRE )-- Fitch Ratings has assigned a 'AA-' rating to the following bonds being issued on behalf of Nebraska Medicine:... ...
Nabard sanctions `796 cr RIDF to State

oject Sanctioning Committee of the National Bank for Agriculture and Rural Development (Nabard) held a meeting recently and sanctioned Rural... ...

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