India offers Africa $10 bn soft loan, seeks stronger ties
India on Thursday offered a concessional credit of USD 10 billion to Africa over the next five years and a grant assistance of USD 600 million even as Prime Minister Narendra Modi made a strong pitch for deeper ties in key areas of counter-terrorism, climate change and UN reforms.
Oct 29, 2015, 14:26 PM ISTCredit growth slows to 9.4% in February
The Reserve Bank on Tuesday said slowdown in loan pick-up by corporates continued to compress credit growth, with non-food lending expansion falling below the double-digit mark to 9.4 percent in February.
Mar 31, 2015, 20:45 PM IST