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Rajasthan State Industrial Development and Investment Corporation Ltd., popularly known as RIICO, is an agency of Government of Rajasthan for the industrial development of Rajasthan. RIICO is owned by Government of Rajasthan and it is an apex organisation of government of Rajasthan for development of industrial infrastructure within the state.
Rajasthan Accounts Service R.A.S.(Accounts) formed in 1954, is a premier state civil service of Rajasthan. Accounts/Finance officers of the Service posted in all Government departments, government undertakings, autonomous bodies, Urban Local Bodies and Panchayati Raj institutions etc. manage their financial administration.
These loans are provided at a concessional interest rate of 4% p.a. [16] The difference between the actual interest rate and the concessional rate is borne by the commission under the 'grants' head of its budget. However, only members producing Khadi or Polyvastra (a type of Khadi) are eligible for this scheme.
In a direct auto loan, a bank lends the money directly to a consumer. In an indirect auto loan, a car dealership (or a connected company) acts as an intermediary between the bank or financial institution and the consumer. Other forms of secured loans include loans against securities – such as shares, mutual funds, bonds, etc.
It is also possible to subcategorize on whether the loan is a secured loan or an unsecured loan, and whether the rate of interest is fixed or floating. Promise to Repay Forms of loan agreements vary tremendously from industry to industry, country to country, but characteristically a professionally drafted commercial loan agreement will ...
The Kisan Credit Card (KCC) scheme is a credit scheme introduced in August 1998 by Indian public sector banks to issue kisan credit card to the farmers of India.This model scheme was prepared by the National Bank for Agriculture and Rural Development (NABARD) on the recommendations of the R. V. Gupta Committee [1] to provide advances for agricultural needs.
Navi launched a lending app for instant personal loans in June 2020, [16] [17] in Karnataka. [18] [19] [20] Both CRISIL and India Ratings assigned a credit rating of A ‘Stable’ to the company’s borrowings. Further loan disbursement by Navi finserv has been effectively banned by RBI since Oct 21, 2024 due to compliance issues
This contrasts with a hard loan, which has to be paid back in an agreed hard currency, usually of a country with a stable, robust economy. [ 2 ] An example of a soft loan is a $2 billion loan by China's Export-Import Bank to Angola in October 2004 to help build infrastructure.