Page 4 - Bank Loans

IDBI Bank puts properties of Great India Tamasha Company on sale

According to a public notice issued by IDBI Bank, the immovable properties, which will be sold through e-auction next month, are located in Karnataka's Kodagu district

RBI policy effect: Loans to get more expensive as banks hike lending rates

ICICI, BoB take the lead; Kotak Bank ups deposit rates

PSBs to hold massive credit outreach drive across all districts tomorrow

Public sector banks will undertake a massive credit outreach drive on Wednesday and will entertain public queries on loan facilities and enrolment in government schemes

Bank of Maharashtra tops PSU lenders chart in loan growth in FY22

The Pune-headquartered lender recorded a 26 per cent increase in gross advances at Rs 1,35,240 crore at the end of March 2022

Credit growth vaults in metros to 9.7% in FY22 despite second wave

The growth was 1.7% in FY21 and 4.8% cent in FY20, a pre-pandemic year

Centre looks to ensure easy credit from banks to cooperatives sugar mills

With cooperative sugar mills complaining of difficulty in accessing loans from banks due to a plethora of conditions, FM Sitharaman held a high-level meeting with senior officials to iron out glitches

Banks start raising their lending rates for external benchmark loans

BOB withdraws interest rebates for home, car loans

Delhi HC stops Punjab & Sind Bank from acting on SREI loan reclassification

Sources say the order will help SREI preserve the resolution process while protecting lenders and stakeholders from any value erosion on account of such unnecessary reclassification

Loans to be costlier as banks hike rates; SBI, Axis revise MCLR upwards

Kotak Mahindra Bank, increased its one-year MCLR by 5 bps to 7.4 per cent, from April 16

HDFC Bank shifts tack to focus on wholesale loans, plans branch expansion

During Q4 of FY22, HDFC Bank added 563 branches while in the entire FY22, it added 734 branches, which is about two branches per day

Moody's maintains 'stable' outlook for Indian banks on recovering economy

It said that the global economic fallout from the Russia-Ukraine military conflict will create some risks

CreditAccess Grameen's loan book grows 22% in FY22; adds 500,000 customers

CreditAccess Grameen Ltd: The collection efficiency including that from arrears was 96% in March 2022.

HDFC giants' merger is a joint-family deal made for a changing India

As the two HDFC elephants start their dance, they must be careful - not just of other banks, but of fintech rivals trying to set the tune for both lenders and borrowers.

What is a collateral loan?

HDFC has sanctioned home loans worth Rs 2 trillion in FY22 so far. But, have you ever wondered what are the types of loan that lenders offer and what are the inherent risks involved? Find out here

TMS Ep136: India's 400 bn exports, 5G, Credit Suisse's Dan Fineman, loan

What drove India's exports to record $400 billion? What will 5G experience be like? What is Credit Suisse's Dan Fineman's take on market volatility? What is a collateral loan? All answers here

Banks recover nearly Rs 61,000 crore via one-time settlement of loans

The figures are for the last three financial years and up to December 2021 of the current fiscal

Reserve Bank of India removes interest cap for microfinance loans

Annual income criteria for loans hiked to Rs 3 lakh

Bank loans rose 7.9% YoY in two weeks to Feb 25, deposits up 8.6%: RBI

March 11 (Reuters) - Indian banks' loans rose 7.9% in the two weeks to Feb. 25 from a year earlier, while deposits rose 8.6%, the Reserve Bank of India's weekly statistical supplement showed

Scrutinise agreement before signing it

The National Commission indicted the bank for having obtained signatures on the loan agreement in which critical spaces had been left blank

FM Nirmala Sitharaman asks banks to be more customer-friendly

The minister also made it clear that banks do not have to be lenient on credit underwriting standards by taking any adverse risks on a proposal