Indian banks' loans rose 7.9% in two weeks to November 11 and other top economy news of the day

India Infoline News Service | Mumbai | November 28, 2016 09:04 IST

Check out the most important news stories which captured the headlines at the economy level in India and internationally.

Economic News
Indian banks' loans rose 7.9% in the two weeks to November 11 from a year earlier, while deposits rose 11.7. (BS)
A minimum of 50% tax may be levied on unexplained bank deposits made using the banned currency notes up to December 30 along with a 4-year lock in period for half of the remaining amount under the amendments to tax law the government plans to bring in Parliament shortly. (BL)
As many as 273 infrastructure projects, including those delayed due to land acquisition, forest clearances and other reasons, have led to a cost overrun of Rs1.77trn. (BS)



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