loan disbursement

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    India's Development Assistance to Nepal Continues to Rise

    Kathmandu, March 31 India emerged as the largest bilateral donor to Nepal in the fiscal year 2024–25, which ended in mid-July 2025, with the southern neighbor disbursing US$107.8 million, according to a government report.According to the Development Cooperation Report 2024–25 released by the...
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    Uttarakhand Bank Fraud: Former Official and 11 Others Convicted

    Dehradun, March 31 – A Special CBI Court in Dehradun on Tuesday sentenced a former rural bank manager to four years of rigorous imprisonment and handed down one-year sentences to 11 others in a Rs 3.39 crore loan fraud case, an official said.Ram Avtar Singh Dinkar, the then Branch Manager of...
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    Supreme Court Upholds Punishment for Bank Employee's Loan Handling

    New Delhi, March 19 The Supreme Court on Thursday said that a banker holds a position of trust as he deals with public funds and loans, and that sanctions beyond his authority, or failing to ensure their proper use, can lead to financial irregularities, which exposes the bank to financial risk...
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    Aye Finance Reports 87% Profit Surge After Stock Exchange Listing

    New Delhi, March 6 Aye Finance, which listed on stock exchanges last month, reported an 87 per cent increase in net profit at Rs 43 crore for the quarter ended December 2025, on Friday.The non-banking financial company (NBFC) specializing in micro-enterprise lending had earned Rs 23 crore in...
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    ‘Lakhpati Didi’ Target Raised: Government Seeks to Increase Rural Income

    Hyderabad, February 21 Union Rural Development Minister Shivraj Singh Chouhan on Saturday said the Centre would strive to achieve the target of creating six crore 'Lakhpati Didis' under the rural livelihoods mission by 2029-30.He said the previous target set by PM Modi to create three crore...
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    PMEGP & JKREGP: KVIB Conducts Awareness Event in Rajouri

    RAJOURI, FEBRUARY 20: The District Office of the Jammu and Kashmir Khadi and Village Industries Board organized an awareness program in Muradpur-B to educate youth, women, ex-servicemen, and members of Self Help Groups about the Prime Minister's Employment Generation Programme (PMEGP) and the...
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    Investigation into Microfinance Scam: Natesan Provides Statement

    Kochi, February 19 The VACB, which is investigating the microfinance scam, has recorded the statement of SNDP Yogam general secretary Vellapally Natesan, officials said on Thursday.According to sources from the Vigilance and Anti-Corruption Bureau (VACB), a team led by SP S Sasidharan recorded...
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    AI Reduces MSME Loan Processing Time, Frees Up Relationship Managers

    New Delhi, February 18 Artificial Intelligence has helped reduce the time to disburse loans to MSMEs to under 30 minutes, and saves relationship managers eight hours every week, a top official of BUSINESSNEXT, an autonomous AI operating system for banks and financial services, said on Wednesday...
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