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LOANS NEWS
Banks likely to face earnings pressure in Q3 on muted loan growth, higher credit costs
January 13, 2025 10:08 am
Some of the lenders may see some worsening of asset quality driven by a rise in slippages in the agriculture sector and unsecured loans, including credit cards.
One in five banks sees a rise in loan write-offs in FY24
November 25, 2024 9:15 pm
Loan write-offs by scheduled commercial banks drop by 18.2%.
Govt to hold special drive for business loans, details of migrant labourers
November 01, 2023 5:35 am
The districts were also directed to review the status of student credit cards.
States seek easier norms for Rs 1-tn ‘untied’ capex loan
April 22, 2023 4:48 am
A state has to share treasury data every 21 days with the Centre's Public Financial Management System in respect of all state schemes linked to CSS for which the state has received central funds.
The dangerous extortion racket run by instant loan apps and their link to China
September 13, 2022 6:20 pm
In February this year, two Chinese nationals, along with 115 Nepali nationals, were arrested for their involvement in running an online fraud loan scheme that targeted Indians.
Bengaluru bank employee dies by suicide, note mentions harassment by representatives of instant loan apps
July 29, 2022 10:26 am
According to railway police, Nanda Kumar left behind a note where he listed at least 40 mobile applications and the harassment by their representatives.
‘Near 100% festive growth in personal loans over 4 years’
April 22, 2022 12:55 am
Home loans witnessed 40 per cent growth in originations (value) during festive season from Rs 138,544 crore in FY19 to Rs 193,227 crore in FY22, and 21 per cent growth in originations (volume) from 6.7 lakh accounts in FY19 to 8.1 lakh accounts in FY22.
Need money urgently? A personal loan for emergency can help
May 14, 2021 7:00 pm
Bajaj Finserv offer an instant personal loan that only needs minimal paperwork such as your id proof and income documents.
Illegal loan apps: Police raid Hyderabad call centre, Chinese man among four held
December 25, 2020 6:15 pm
The police said they have so far identified two call centres each in Gurgaon and Hyderabad that are involved in illegal app-based loan lending. A bank account with Rs 2 crore has been seized.
Waiving off loans is political posturing, says Smriti Irani
December 29, 2018 1:22 am
Smriti Irani was addressing students on the second day of IIT-Bombay’s Mood Indigo festival.
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