Will take Credit Deposit ratio to 60-62%: Yogi
1 year, 3 months ago

Will take Credit Deposit ratio to 60-62%: Yogi

Hindustan Times  

Lucknow Chief minister Yogi Adityanath, on Saturday, said that the Credit Deposit ratio has experienced an increase of 10-to-11%, reaching 55-56% in the past six years, despite the period of the Covid pandemic. Yogi was addressing a program held at Lok Bhawan here to distribute toolkits under the Vishwakarma Shram Samman Yojana and disburse loans worth ₹50,000 crore to the MSMEs. Yogi stated that the ‘New Uttar Pradesh’ of ‘New India’ is implementing the vision of Prime Minister Narendra Modi at the grassroots level. “In 2018, our government initiated the One District One Product Scheme for the traditional enterprises of Uttar Pradesh, which was an innovative initiative.

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History of this topic

‘Andhra’s debt rose to over ₹9 lakh crore’: Naidu in white paper
4 months, 3 weeks ago

‘Andhra’s debt rose to over ₹9 lakh crore’: Naidu in white paper

Hindustan Times  

Telugu Desam Party president and Andhra Pradesh chief minister N Chandrababu Naidu on Friday alleged that the state’s economy had witnessed a sharp fall in the growth rate from 13.5% to 10.5% during the five-year regime of the previous YSR Congress Party government, resulting in a loss of revenue up to ₹6.94 lakh crore. The chief minister said the state’s …

Banks in Malappuram told to enhance CD ratio
1 year ago

Banks in Malappuram told to enhance CD ratio

The Hindu  

Bank deposits in the district witnessed an increase of ₹753.27 crore in the last quarter. Kerala Gramin Bank had the biggest CD ratio of 82.15 per cent. Canara Bank had 75.86 per cent, State Bank of India 42.1 per cent, Federal Bank 31.96 per cent, and South Indian Bank 42.77 per cent. The meeting called upon the banks to enhance …

AP Exhausted 97.4% of Credit Limit under RBI: TD
1 year, 4 months ago

AP Exhausted 97.4% of Credit Limit under RBI: TD

Deccan Chronicle  

Vijayawada: National spokesman of Telugu Desam, Kommareddy Pattabhiram on Sunday tore into the Chief Minister Y.S. Jagan Mohan Reddy-led Andhra Pradesh government, saying it had already exhausted 97.4 per cent of its credit limit under the Reserve Bank of India. He said at Rs 40,000 crore, Tamil Nadu had borrowed more than AP this financial year but it was okay …

Banks sanction ₹23.2 lakh crore to about 41 crore beneficiaries under Mudra Yojana
1 year, 8 months ago

Banks sanction ₹23.2 lakh crore to about 41 crore beneficiaries under Mudra Yojana

The Hindu  

Banks and financial institutions have sanctioned ₹23.2 lakh crore to more than 40.82 crore beneficiaries under the Mudra Yojana launched to fund the unfunded eight years ago. Pradhan Mantri MUDRA Yojana was launched on April 8, 2015, by Prime Minister Narendra Modi to facilitate easy collateral-free micro-credit of up to ₹10 lakh to non-corporate, non-farm small and micro-entrepreneurs for income-generating …

Infra, Investment, Jobs, Women Empowerment: Report Card of Six Months of Yogi Adityanath 2.0
2 years, 2 months ago

Infra, Investment, Jobs, Women Empowerment: Report Card of Six Months of Yogi Adityanath 2.0

News 18  

Yogi 2.0 consolidates on first term In my last meeting with Uttar Pradesh Chief Minister Yogi Adityanath, I asked him what will be his main focus in his second term. In the last five-and-a-half years, the government has signed MoUs worth Rs.4.68 lakh crore, out of which projects worth Rs 3.82 lakh crore have been completed. The Chief Minister’s initiative …

Tightening liquidity may force Indian banks to compete harder for deposits
2 years, 3 months ago

Tightening liquidity may force Indian banks to compete harder for deposits

Live Mint  

Indian banks may be forced to compete harder to boost deposits amid tightening liquidity and rising credit demand ahead of the festive season, analysts warned. With excess liquidity in the banking system over the last couple of years on account of the cash infused by the RBI during the pandemic, banks chose to rely on raising funds from money markets …

Yogi govt has added 40 pc to UP's debt: Chidambaram
2 years, 9 months ago

Yogi govt has added 40 pc to UP's debt: Chidambaram

The Hindu  

Asking the people to think about what they are voting for, Congress leader P. Chidambaram on Sunday said that the Yogi Adityanath model of government had made the State poorer and added 40% to the State’s debt. Batting for his party, Mr. Chidambaram said the Congress’s slogan Ladki Hoon Lad Sakti Hoon had added a new dimension to the goal …

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