MUMBAI: Ahead of the presentation of the Union Budget 2020-21, largest pure play home financier HDFC on Tuesday pitched for a one-time loan recast for
Category: RBI–Banks
Centre steps in to protect PSU bankers in taking genuine commercial decisions | Deccan Herald
The Centre Tuesday stepped in to protect the risk-averse public sector lenders in taking genuine business decisions as the slowdown in bank lending to industry
Banking sector is stressed, govt in no position to bail it out: Abhijit Banerjee – The Economic Times
Answering to a question – how will economic policies work if people have a lack of trust in the data, he said the government “should
Bank of Baroda Q3 Results: Bank of Baroda posts Q3 loss of Rs 1,407 crore as provisions spike 54% – The Economic Times
NEW DELHI: Public lender Bank of Baroda on Friday reported a standalone loss of Rs 1,407 crore for December quarter, as total provisions jumped 54 per cent
Union Bank: ETRise Top MSMEs Ranking: Union Bank CMD says conventional credit worthiness model does disservice to millions of entrepreneurs – The Economic Times
The Union Bank has surplus funds at the moment. It is looking for lendable opportunities, especially for MSMEs. Access to formal sources of credit has
SBI Chairman | Yes Bank: State Bank chairman says YES Bank ‘will not be allowed to fail’–Economic Times
By Jeanette Rodrigues and Haslinda Amin The head of India’s biggest lender said he’s certain “some solutions will emerge” to steady Yes BankNSE 6.50 %, which
Corporate bond repo should become real–Economic Times
The marked dichotomy in the regulatory regimes for government securities and corporate bonds seems to have stultified an active market for the latter. RBI’s July
Banking consortium declares Rs 14,000-cr ABG Shipyard loan ‘fraud’ account | Business Standard News
The ICICI Bank-led banking consortium to ABG Shipyard has declared its Rs 14,000-crore exposure to the company as a ‘fraud’ account. State Bank of India (SBI), ICICI
Pradhan Mantri Mudra Yojana: PSBs are committed to Mudra scheme as a social obligation: UBI’s Sanjay Narayan – The Economic Times
“NPAs in Mudra are very small and that too is distributed among a large chunk of the masses. So, for us, Mudra financing is more
LIC’s NPAs double to Rs 30,000 crore in 5 years; situation as bad as YES Bank, Axis Bank–Business Today
The state-owned insurance behemoth also lends to corporate sector by way of term loans and non-convertible debentures (NCDs) If you thought the Life Insurance Corporation (LIC) is
SBI Home loan | SBI buyer guarantee scheme: Few will be able to avail SBI’s new home finance ‘buyer guarantee’ scheme: Here’s why
he SBI loan finance scheme is also not applicable to all real estate projects financed by SBI. Early in January, the State Bank of India (SBI) introduced
ICICI Cardless cash withdrawal: ICICI Bank customers can withdraw cash at ATMs sans debit card. Here’s how
ICICI Bank, today, announced the launch of a ‘Cardless Cash Withdrawal’ facility from its ATMs. This service allows customers to withdraw cash from over 15,000 ATMs of the bank
Fund development of shovel-ready projects–Economic Times
It is welcome that the government is thinking of setting up new lending institutions for infrastructure projects. But where are the projects? We need projects
Not a substitute for a bond market–Economic Times
It is welcome that National Investment and Infrastructure Fund (NIIF) is set to launch a non-bank lending arm, Aseem Infrastructure Finance (AIFL). The move would
Uco Bank to on board fintech firms for borrowers’ input – The Economic Times
KOLKATA: State-owned Uco BankNSE -0.62 %, which has long been saddled with high bad loans, is planning to on-board new-age fintech firms for improving underwriting standards and credit
Lenders put cash flows of about 500 stressed companies’ under lens – The Economic Times
Indian banks have fast-tracked the process of roping in monitoring agencies to track last mile usage of bank loans to plug siphoning of bank funds.
As NBFCs battle liquidity crunch amid slowdown, these 4 measures could help – The Financial Express
According to the RBI data for FY19, the share of credit from Banks and NBFCs & HFCs was in the 70:30 ratio. With the financial
Bad loans swell at India shadow bank Altico | Deccan Herald
Bad loans probably ballooned last quarter at Altico Capital India Ltd., according to people familiar with the matter, a lender that’s seen as a barometer
$5 trillion economy target needs doubling of banking credit: SBI chairman | Business Standard News
State Bank of India (SBI) chairman Rajnish Kumar on Sunday said banking credit would need to be doubled from the current level if India were
From Indian Bank’s negligence to patent case, here are the key court orders | Business Standard News
In motor accident claims, even employed sons and married daughters can apply for compensation for the death of their working mother, the Supreme Court ruled in its
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