Andhra Bank readies to take hit as farmers stop repaying loans

Andhra Bank readies to take hit as farmers stop repaying loans

Ninety per cent of the bank’s farm loan book is made up of loans to farmers in Andhra Pradesh and Telangana
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More curbs in offing for wilful defaulters

More curbs in offing for wilful defaulters

The finance ministry is in talks with the RBI to ensure defaulting firms are not able to open accounts in banks that are not part of the lending consortium
Will India’s airlines lobby go telecom’s way?

Will India’s airlines lobby go telecom’s way?

India’s aviation sector may go the way of the telecom sector, with the entry of new companies seeing the emergence of a new lobby group
Hinduja Group commits $10 billion for India

Hinduja Group commits $10 billion for India

Gopichand P. Hinduja is hoping that the group is third time lucky in investing in India in a big way after having failed to have done so in 1991 and 2010
FirstRand shifts India focus to pare losses

FirstRand shifts India focus to pare losses

The bank will focus on lending to individuals, and hopes economic revival will help it wipe out the losses

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