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Sunday, April 11, 2021

bank loans


Bank loan outstanding shrinks in FY21 so far; home, industry credit growth fall

November 29, 2020 1:21 am

Credit growth to the services sector accelerated to 9.5 per cent in October 2020 from 6.5 per cent in October 2019.

Importance and benefits of credit cards: Here is how to get one

November 05, 2020 2:14 pm

What a credit card essentially does is, it helps you keep your financial goals on track. Here's everything you need to know about credit cards and how and why you should have one...

Interest waiver on loan moratorium: Diwali is in your hands, implement waiver, SC to govt

October 15, 2020 1:58 am

"Something concrete has to be done," a bench headed by Justice Ashok Bhushan said, adding, "benefits of waivers to borrowers up to Rs 2 crore must be implemented as soon as possible".

Explained: How outbreak is disrupting both supply of, and demand for, bank loans

May 02, 2020 9:12 am

There are several sectors of the economy such as the micro, small and medium enterprises (MSMEs) that are facing acute shortage of funds especially in the wake of the COVID-19-induced economic disruption.

RBI loan moratorium: List of banks offering 'opt-in' and 'opt-out'

April 02, 2020 2:51 pm

Most of India's private sector banks such as HDFC Bank, ICICI Bank and Kotak Mahindra Bank have decided to go for the 'opt-in' option for their customers and have asked them to inform the bank in case they wish to opt for the three-month moratorium period.

Why tracking your credit score has become more important than ever

October 11, 2019 4:02 pm

Banks are linking loan interest rates to the credit profiles of customers, meaning late payments can hurt you.

PM Modi’s pet schemes underperforming in Gujarat: Report

March 20, 2019 7:34 am

Stress faced by certain industries, drought in some areas hurt patronage of financial schemes for MSMEs, says State Level Bankers’ Committee report

Unsecured bank loans rise four-times in FY15-18: Crisil

July 04, 2018 4:52 pm

Growth in unsecured loans is on account of a surge in discretionary spending, increased availability of customer data, faster disbursements driven by technology, and lower interest rates in some segments.

Loan-pricing systems: For better transmission, RBI in search of yet another benchmark

August 08, 2017 6:05 am

After prime lending rate, benchmark prime lending rate, base rate and marginal cost of funds-based lending rate, the central bank is planning to come up with another system to price loans.

Centre plans indemnity for bankers to tackle bad loan menace

May 09, 2016 12:02 am

FinMin seeks views on setting up external committee to approve one-time NPA settlement applications of PSBs.