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Latest Articles in loans

Banks Can Deduct Loans To New MSME Borrowers From NDTL For CRR Purpose: RBI

The central bank said for this exemption, 'new MSME borrowers' are defined as those MSME borrowers who have not availed any credit facilities from the banking system as on January 1, 2021.

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Indusind Bank Q3 Net Slips 37% As Provisions For Bad Loans Soar

The overall provisions rose to Rs 1,853 crore that included Rs 1,100 crore of COVID-related provisions, as against Rs 1,043 crore in the year-ago period

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Indian Banks' Loans Rose 6.1% In Two Weeks To Dec 18 - RBI

Outstanding loans rose 518.61 billion rupees ($7.09 billion) to 105.50 trillion rupees in the two weeks to Dec. 18.

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SC defers hearing over loan moratorium extension to Nov 18

SC defers hearing over loan moratorium extension to Nov 18

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HDFC Q2 net profit declines by 28 per cent

HDFC Q2 net profit declines by 28 per cent

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US to offer loans to lure developing countries to shun Chinese telecom gear

US to offer loans to lure developing countries to shun Chinese telecom gear

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Government to give Rs 12,000 crore special interest-free 50-year loan to states

Government to give Rs 12,000 crore special interest-free 50-year loan to states

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Why Small-Ticket Loans Are Gaining Momentum In Today’s Scenario

As a liquidity crunch and adverse market conditions impact individuals, microloans are gaining popularity in tiding over their short-term needs.

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Banks Have Disbursed Rs 77,613.06 Cr Out Of Rs 1,27,582.60 Cr Sanctioned Under 100% ECLGS

As of 20 July 2020, the total amount sanctioned under the 100 per cent Emergency Credit Line Guarantee Scheme by PSBs and private banks stands at Rs 1,27,582.60 crore, of which Rs 77,613.06 crore has already been disbursed

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HDFC Bank advances up 21 pc at Rs 10 lakh crore by Q1-end

HDFC Bank advances up 21 pc at Rs 10 lakh crore by Q1-end

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Kanimozhi writes to Sitharaman to consider waving interest on loans taken by women SHGs for moratorium period

Kanimozhi writes to Sitharaman to consider waving interest on loans taken by women SHGs for moratorium period

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RBI Makes Massive Reduction In Repo Rate By 75 Basis Points & Forecasts Global Recession Amid Crisis

The RBI's Monetary Policy Committee (MPC) has voted in favour of an interest rate cut to the tune of 75 basis points. Repo rate is down to 4.4 per cent. Shaktikanta Das announced measures through which a total Rs 3,74,000 crore will be made available to the country's financial system.

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DHFL Bankruptcy: IRDAI Rules Out Troubles For Two Insurance Arms

As of September, DHFL Pramerica Life's solvency ratio stood at 388 per cent and that of DHFL General Insurance at 230 per cent.

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Zestmoney Forays Into Loans With Micredit Cash

ZestMoney powers EMI products, both online on mi.com, e-commerce marketplaces like Flipkart for Mi products, and in-store at Mi Home stores.

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SBI Lowers Rates On Non-Repo-Linked Loans By 10 BPS

"In view of the festival season and extending the benefits to customers across all segments, we have reduced our MCLR by 10 bps across all tenors," the bank said in a statement.

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