October 11, 2019 4:02 pm
Banks are linking loan interest rates to the credit profiles of customers, meaning late payments can hurt you.
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
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.
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.
May 09, 2016 12:02 am
FinMin seeks views on setting up external committee to approve one-time NPA settlement applications of PSBs.
April 27, 2016 3:14 am
A bench led by Chief Justice T S Thakur said that a “sensible and sensitive” approach is required to overhaul the entire system, which today has scores of people and entities with outstanding to the tunes of crore of rupees.
April 12, 2016 9:31 am
RBI’s new norms on purchase and sale of PSL certificates can help some banks avoid targeted lending — a drag on those with expertise in other sectors— and promote efficient lending practices.
February 18, 2016 1:40 am
The legacy of unplanned hiring in past decades, the dizzying pace of recent technological change, and the new, unprecedented competition threaten to reduce Indian government banks to zombies five years from now, says P Vaidyanathan Iyer.
February 10, 2016 9:23 am
In the last three years, public sector banks have written off Rs 1,14,000 crore as reported by The Indian Express on February 8. The Finance Ministry, RBI and SBI sent separate letters to the newspaper arguing that write-offs did not mean all was lost.
February 10, 2016 12:02 am
Merely rescuing the banking system from the existing emergency will only clear the way to the next one. Policy should go into causal factors.