Online edition of India's National Newspaper
Friday, Apr 17, 2009
ePaper | Mobile/PDA Version
Google

Karnataka
News: ePaper | Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous | Engagements |
Advts: Retail Plus | Classifieds | Jobs | Obituary |

Karnataka - Bangalore Printer Friendly Page   Send this Article to a Friend

Interest waiver: banks move HC

Staff Reporter

BANGALORE: Several primary cooperative agriculture and rural development banks in the State on Wednesday petitioned the High Court against a notification by the Government withdrawing the waiver of interest on loans granted by the institutions between 2001 and 2004. The banks waived off the interest and the Government reimbursed Rs. 51.78 crore due as interest to the banks. However, on January 10, 2008, the Government issued a notification, saying that the waiver would apply only to certain categories of customers and that the banks now would have to repay Rs. 51.78 crore.

Printer friendly page  
Send this article to Friends by E-Mail

Karnataka

News: ePaper | Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous | Engagements |
Advts: Retail Plus | Classifieds | Jobs | Obituary | Updates: Breaking News |


News Update

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | Publications | eBooks | Images | Ergo | Home |

Copyright © 2009, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu