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India extends $1-bn credit facility for Sri Lanka by one year
India provided economic aid worth almost $4 billion, including lines of credit to purchase food, fuel and medicines to Sri Lanka last year.

Doubtful recovery of ₹11.9 crore: Private company given undue benefit by Jammu and Kashmir Bank, reveals CAG report
CAG in its report said the Jammu and Kashmir Bank in December 2012 took over (Decfrom Indian Overseas Bank (IOB) the credit facilities of ₹ 11.50 crore favouring M/s Ace Engineering Infratech Private Ltd (Company) and enhanced (December 2012) the same to ₹14 crore.

22 years on, 3 bank officers, guarantor get 2-year jail in loan fraud case
The guarantor of businessman Vijay Seth has been identified as Nargis Diventry (70). The other three have been identified as Srikant Padale (73), Vijaya Nair (66) and V Radhakrishnan (82).
