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crop loans: Karnataka CM Siddaramaiah announces waiver of interest on crop loans at coop banks

Chief Minister Siddaramaiah announced that the government will waive off interest on medium and long crop loans disbursed by cooperative banks to farmers, despite the ruling Congress making no such promises in its manifesto before the assembly polls in May. The BJP members urged the chief minister to waive the entire loan amounts, while the CM criticized the Opposition BJP for not releasing any rupee towards farm loans. ....

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How rising gold prices affect your gold loan

Rising gold prices allow existing gold loan borrowers to seek a top-up. Alternatively, some NBFCs reduce the interest rate applicable on the loan, thereby reducing the monthly or quarterly instalment. ....

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