Page 5 - Bank Loans

Banks sanction loans worth Rs 3.1 trillion to MSMEs under ECLGS: Sitharaman

As much as Rs 2.36 lakh crore have been disbursed to MSMEs, she said

Banks' loans rose 8% YoY in two weeks to January 14: RBI data

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.

Karnataka man sets bank on fire after his loan application rejected

Upset over the rejection of his loan application, a man allegedly set the bank on fire in the Haveri district on Sunday

What factors to consider while taking a home loan?

With markets touching a new high, the interest rates on home loans have hit a record low in India. But are interest rates the only factor to consider while taking a home loan? Find out here

HDFC Bank's loan book grows by 16.4% to Rs 12.6 trn in December quarter

HDFC Bank's retail loans grew by around 13.5 per cent yoy and 4.5 per cent over September 2021 based on its internal business classification.

Bank loan fraud: ED attaches Rs 26-cr assets of Gujarat company, promoters

The attached assets include residential and commercial lands, and their total value is Rs 26.25 crore

What are the different types of loans?

According to the RBI, banks have written off over Rs 2 lakh crore of bad loans in the fiscal ended March 2021. Find out more about the types of loans and when they are categorised as bad

Urban bodies disburse 47,884 loans in Delhi under PM SVANidhi Scheme

Urban local bodies here have approved and issued 1.09 lakh letters of recommendation for loans to banks under a micro-credit scheme for street vendors

Issued no direction to banks to not give loans to 'sensitive customers': FM

Sitharaman, during Question Hour in the Rajya Sabha, said there is no "official stated policy" directing banks not to give loans to certain categories of customers.

Bad-loan market may see a flurry of activity after lull of past few years

The bad loan market may get a boost from the fact that Centre may not indulge state-run banks anymore by recapitalising them as in the past

Bank of India holds loan outreach programme, disburses Rs 12,500-cr credits

The credit outreach programme was launched on October 16 by all banks across the country on the advice of Finance Minister Nirmala Sitharaman

90% south central Mumbai properties unsold despite low loan rates: Report

Despite home loan rates being at record lows and stamp duty cuts to encourage sales, 90 per cent of inventory in south central Mumbai, one of the biggest markets, remains unsold, a report said

Home loans grew 76% to Rs 79,043 crore in March quarter, shows data

Property loans also showed 21.9 per cent expansion at Rs 23,418 cr against Rs 19,207 cr in Q4FY20

Top lenders fuel higher consumer spending in India with easy credit

HDFC Bank's retail loans surged 12.9% in the three months ended September from a year earlier, the lender's first double-digit growth in such loans since the onslaught of the pandemic

Industry's share in bank loans at record low of 26%, shows data

Personal loans, including housing, now at 26.7% of bank credit, highest ever

Check net savings before you transfer home loan balance: Experts

When selecting the new lender, understand the conditions attached to prepayment

HDFC Bank says it will double retail loans, sees 'robust demand' in economy

Uncertainty is declining as businesses seek to bolster growth after Covid-19, says the bank's country head for retail assets.

Collection recovery in securitisation yet to reach March 2021 levels

The performance of 143 rated securitisation deals showed the recovery has improved sentiments and supported the loan performance in June-July 2021

Equity markets can't sustain growth, stronger debt markets needed: Sanyal

A senior policymaker on Wednesday said India needs strong support from debt capital like bank loans for long-term economic growth.

Loan mela mindset

Govt should not push PSBs to lend