India Finance Minister Asks Banks To Ensure Credit Flow To Industry

The Best Personal Finance Blogs That You Should Be Reading

Credit: Reuters/Adnan Abidi NEW DELHI | Thu Aug 29, 2013 8:46am EDT NEW DELHI (Reuters) – Indian Finance Minister P. Chidambaram on Thursday asked state-run banks to ensure flow of credit to every sector of industry, indicating the need for funding projects amid an economic slowdown. The banks have been asked to assist industrial borrowers who were facing difficulties and be sympathetic towards genuine defaulters, Chidambaram told a parliamentary panel attached to the finance ministry. Economic growth virtually halved in two years to 5 percent in the fiscal year that ended in March — the lowest level in a decade — and most economists surveyed by Reuters in the past week expect 2013/14 to be worse. (Reporting by Manoj Kumar; Editing by Sunil Nair) Tweet this

Finance Sat, Aug 31, 2013, 12:47 PM EDT – U.S. Markets closed The Best Personal Finance Blogs That You Should Be Reading By Sarah W. Caron | Manilla.com Wed, Aug 28, 2013 8:50 AM EDT Get Rich Slowly With many authors giving common sense advice on personal finances, you could easily lose a few hours reading through the archives. Thats how interesting the blog Get Rich Slowly is. Its definitely worth checking out, bookmarking and checking in on regularly.

Think Finance Hires Craig A. Nies as Chief Analytics Officer

About Think Finance Think Finance develops online financial products that bridge the gap between payday loans and credit cards. Using our technology and analytics platform, Think Finance and the lenders we work with have provided over $3.5 billion in credit to 1.5 million consumers in the U.S. and abroad and have saved customers over $1 billion compared to payday loans. Think Finance is privately held and is backed by some of Silicon Valley’s most respected venture capital firms including Sequoia Capital and Technology Crossover Ventures. The company was recently named No.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s