Page 15 - Bank Loans

Fears about India's retail loan defaults overblown, says Macquarie

"the unanimous feedback has been that there has been a decline in the total loan book under moratorium from the 25-30% numbers reported as of end-May," analysts led by Suresh Ganapathy wrote in a note

Karur Vysya Bank joins hands with Maruti Suzuki to offer car loans

The loans are available to both salaried and self-employed customers.

Interest rate waivers for loans during moratorium to harm depositors: AIBDA

It further added that historically, the sovereign covered the loan interest waivers, but in the current situation, a shortfall in revenues both at the Centre and state level will not permit the same

Banking system is in a Catch-22 situation: Indian Bank's Padmaja Chunduru

Indian Bank has 450,000 MSME customers who are eligible for loans guaranteed by the government.

Widen MSME scheme ambit: Private lenders to FM Nirmala Sitharaman

Govt likely to issue clarification to add more borrowers under ECLGS

After MSMEs, let's focus on large stressed sectors

The Rs 3-trillion booster dose may help bring MSMEs back on the rails but to whom will they supply goods? It's time to take a look at companies with enough assets but strained cash flows

Moratorium on loans: SC gives 3 days to FinMin, RBI to decide on interest

On March 27, the RBI had announced a three-month moratorium on all term loans in view of the Covid-induced lockdown and related disruptions.

Moratorium: SC asks Centre, RBI to decide on EMI interest within 3 days

During the hearing, the bench said that it is trying to take a balanced view of the matter, and only wants that wider measures should be adopted.

PSBs disburse Rs 14,691 cr to MSMEs under credit guarantee scheme

Public sector banks (PSBs) have sanctioned loans worth Rs 29,490.81 crore under the 100 per cent ECLGS for the Micro, Small & Medium Enterprises (MSME) sector starting June 1

Worries over liquidity to boost credit card, personal loans: CIBIL

Unlike the slowdown a decade ago, demand for credit cards and personal loans will remain as consumers look to secure funds to bridge gaps in personal finance.

The maths of moratorium

At a cost of 0.1-0.15% of GDP, the government can give confidence to both banks and MSMEs

All kinds of loans cannot be put under moratorium, Sebi tells SC

SEBI filed an affidavit in this regard in the apex court which had sought its stand on a plea

Pending agri reform

Legalisation of land leasing will help rural poor

Release stalled loans to Amrapali Group homebuyers: SC tells banks

The top court's order came on an application filed by court receiver senior advocate R Venkataramani, who has been appointed as a custodian of properties of Amrapali Group

After deposit rate cuts in May, SBI now slashes lending rates by 25-75 bps

Move will have to be matched by other lenders at a time when margins are under pressure due to extended loan moratorium and a ruling due on whether they can charge interest on the moratorium after all

Reserve Bank proposes comprehensive guidelines for sale of loan exposures

RBI's proposed guidelines for sale of loan exposures deals with various issues like asset classification of the loan to be transferred, nature of entity purchasing loan and mode of transfer of loans.

Charging interest during loan moratorium 'detrimental', says SC bench

Bench seeks reply from FinMin, RBI; next hearing June 12

Reliance Infrastructure defaulted on loans of YES Bank, J&K Bank and Srei

The firm said it had borrowings of Rs 3,627 crore from YES Bank, in a disclosure to the stock exchanges

New loans may become harder to get as lenders turn cautious in lockdown

Be prepared for lower loan eligibility and risk-based pricing

Bank credit shrinks 1.2% in April, gross bank credit falls to Rs 91.53 trn

Loans in the retail segment contracted 2.5 per cent to Rs 24.90 trillion