The educational loans portfolio grew 6.13% but the quantum of NPAs shot up to 11% from 8.09%
New customers or existing ones seeking better credit scores can go through this process
While start-ups are making it easier to borrow, one needs to choose carefully
Verify the purpose of borrowing and make other members part of the loan, if possible. Maintain a loan agreement for tax purposes
SC/ST and women entrepreneurs who avail loan would be given a RuPay Debit Card for withdrawal, besides support like pre-loan training, facilitating loan, factoring, marketing
RBI had asked banks to price fixed rate loans of up to three years based on marginal cost of funds from April 1
Gross NPAs of PSBs rose to Rs 3.61 lakh cr while that of private lenders were at Rs 39,859 cr at the end of Dec'15