Indian Banks Loans

The share of such loans declined between September 2020 and March 2022 in private banks and NBFCs but rose for public sector banks

Bank deposits rose Rs 1.69 trillion to Rs 173.70 trillion in the two weeks to Nov 4

Indian banks' loans rose 17.9% in the two weeks to Oct. 7 from a year earlier, while deposits rose 9.6%, the Reserve Bank of India's weekly statistical supplement showed on Friday

A credit score is among the first things a financial institution would check in order to sanction a loan

Banks' loans rose 8% in the two weeks to Jan. 14 from a year earlier, while deposits rose 9.3%, the Reserve Bank of India's weekly statistical supplement showed on Friday.

UP aiming to double MSME exports to Rs 2.40 trillion in 3 years

RBI's loan restructuring scheme: Here's how it benefits you

The debt restructuring process involves a reduction of the interest rates on loans or an extension of its repayment tenure, or both

It will be the second bank after State Bank of India (SBI) to come out with such schemes

The state-owned banks account for a dominant share (around 90 per cent) of impaired loan stock and have cumulatively written-off nearly 30 billion dollars in bad loans over the past three years

Even as banks have written off more loans than before, recovery of bad loans has also improved substantially in the past couple of years

An amount of Rs 1.05 lakh crore was fresh lending, the Department Financial Services said in a statement.

For small and marginal farmers, institutional credit at reasonable costs can act as a catalyst and convert them into vibrant commercial farmers, Jain added

PSBs have been reeling under non-performing assets (NPAs) or bad loans, which total around Rs 8 trillion and have hampered lending, impacting growth

Bank deposits fell Rs 27,280 crore to Rs 108 lakh crore in the two weeks to October 27

Bank deposits fell Rs 4,034 crore to Rs 107.07 lakh crore in the two weeks to September 15