Wednesday, July 9, 2014

RBI nod for rescheduling, waiving loans in AP

......................Addressing a press conference, the AP Finance Minister Yanamala Ramakrishnudu, Agriculture Minister P Pulla Rao and State Media Advisor Parakala Prabhakar, said that a formal communication on the loan reschedulement/ waiver is expected to be released by the RBI within the next couple of days. Earlier today, the State Chief minister, N Chandrababu Naidu, who spoke to the RBI Governor Raghuram Rajan, was assured by the latter that RBI would clear the proposal and details would be released through a communication, they said..............

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