Union budget 2010 News
Debt relief scheme prompts robust farm loan recovery
An extension of the debt relief scheme, announced by Finance Minister Pranab Mukherjee during the Union Budget 2010-11, has resulted in robust recovery of agricultural loans by banks. As a consequence, agri non-performing assets (NPAs) is set to come down for most banks in the last quarter. Mukherjee had extended the debt relief scheme of 2008 by six months to June 30, 2010, in view of the drought
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