Moneycontrol PRO

you are here: HomeNewsBusinessCompaniesExpect few more state governments to follow loan waiver scheme: Karnataka Bank

SHOW NAMES

Trending Topics

Sensex Live Urban Company IPO Kotak Bank Share Price Optivalue Tek Consulting Shares IT Stocks

business

Expect few more state governments to follow loan waiver scheme: Karnataka Bank

Karnataka becomes the fourth state to waive off farm loans. Waiver of loans disbursed by cooperatives to cost the state over Rs 8,000 crore. Karnataka Chief Minister (CM) urges the centre to forego loans by nationalised bank as well. “As far as this is not going to affect the repayment culture, we are not that much concerned,” Mahabaleshwara MS, MD & CEO, Karnataka Bank told CNBC-TV18.

first published: Jun 22, 2017 11:07 am

LATEST VIDEOS

A collection of the most-viewed Moneycontrol videos.

Watch and Follow our leading shows

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347