Monday, August 11, 2014

Loan Reschedule Only in 4 AP, 3 Telangana Districts

.......According to sources, RBI executive director Deepali Pant Joshi, in the latest letter to AP chief secretary IYR Krishna Rao and TS chief secretary Rajiv Sharma, made it clear that the rescheduling facility would cover only loans given by   commercial, cooperative and rural banks.
The RBI’s letter also said this concession would only include short-term production loans and exclude crop loans taken against gold loans for other allied activities..........

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