Tuesday 9 December 2014

Weak agricultural output in FY15 may increase demand for loan waivers


MUMBAI: Weak agricultural output may increase demand for loan waivers and this may destroy credit culture and reduce incentives for loan disbursement, rating agency India Ratings said here today. 

"Weak agricultural output may increase demand for loan waivers. Agriculture output in the current year is likely to be impacted by the deficient (12 per cent) and unevenly distributed monsoon and the consequent delay in kharif sowing," an India Ratings report said here. 

"The impact of .. 

Read more at:
http://economictimes.indiatimes.com/articleshow/45417319.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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