Credit

2nd Covid wave poses threat to India's economic recovery: Moody's

2nd Covid wave poses threat to India's economic recovery: Moody's

Moody's said retail and recreation activity across India had dropped by 25 per cent as of 7 April compared with 24 February, according to...Read More

Bridgestone India unlocks 7 million euros in 9 months, with help of Freepay

Bridgestone India unlocks 7 million euros in 9 months, with help of Freepay

Pune-based tyre maker Bridgestone India has unlocked around 7 million euros in cash flows in nine months with the shifting of its payment...Read More

Credit to large industries declines, inflow rises in services: RBI data

Credit to large industries declines, inflow rises in services: RBI data

As credit flow from banks improve with the acceleration in economic activities post the gradual lifting of the lockdown restrictions, cr...Read More

Federal Bank aims 'mid-teen' growth in credit for FY22

Federal Bank aims 'mid-teen' growth in credit for FY22

Private sector lender Federal Bank is aiming for an acceleration in credit growth into 'mid-teen' figures in 2021-22 on the back of an ec...Read More

EPFO likely to credit 8.5% interest on EPF for 2019-20 by Dec

EPFO likely to credit 8.5% interest on EPF for 2019-20 by Dec

Earlier in September this year, the Employees Provident Fund Organisation had decided to split 8.5 per cent interest into two installment...Read More

Moratoriums, loan waivers 
vs. credit discipline

Moratoriums, loan waivers vs. credit discipline

It is the interest earnings of banks which allows them to repay their depositors with interest on savings and fixed deposits. If those in...Read More

Bank credit up 5 %, deposits by 12%: RBI data

Bank credit up 5 %, deposits by 12%: RBI data

Bank credit grew 5.26 per cent to Rs 102.24 lakh crore while deposits rose 11.98 per cent to Rs 142.48 lakh crore in the fortnight ended ...Read More

COVID-19 disruptions exacerbate credit quality deterioration for India Inc: Moody's

COVID-19 disruptions exacerbate credit quality deterioration for India Inc: Moody's

The aggregate earnings before interest, taxes, depreciation and amortisation (EBITDA) for 22 rated Indian non-financial companies will fa...Read More

Retail credit declined by 2.5 per cent, the lowest level since 2008

Retail credit declined by 2.5 per cent, the lowest level since 2008

The COVID-19 pandemic and the lockdown have made Indian consumers risk-averse if one were to go by data showing a growth in deposits and ...Read More

You know it is not YONO offering emergency loans, says State Bank of India

You know it is not YONO offering emergency loans, says State Bank of India

State Bank of India (SBI) on Sunday clarified that it is not offering any kind of emergency loans to customers through its YONO platform....Read More

‘Corporate downgrades more than double in first 3 quarters’

‘Corporate downgrades more than double in first 3 quarters’

The year also witnessed the quarterly downgrades-to-upgrades ratios jumping to 1.59, 2.03 and 2.75, respectively for the nine months

Contagion risk rising, says report

Contagion risk rising, says report

According to the report, a bank failure could disrupt interbank market, payments, hurt credit availability and adversely affect economic ...Read More

Rs 70,000-crore capital infusion in PSBs credit positive, to boost economy: S&P

Rs 70,000-crore capital infusion in PSBs credit positive, to boost economy: S&P

The move, announced in the Budget, is likely to be credit positive for the banking sector and the economy, S&P said in a note titled 'Ind...Read More

‘Relaxed start-up norms, other steps to improve India’s ease of biz ranking’

‘Relaxed start-up norms, other steps to improve India’s ease of biz ranking’

New Delhi: The government’s initiatives such as relaxed norms for company incorporation, and removing requirement of a bank account for G...Read More

Don’t be excessively conservative for credit: RBI GUV to PSBs

Don’t be excessively conservative for credit: RBI GUV to PSBs

New Delhi: Reserve Bank of India Governor Shaktikanta Das on Monday asked banks to extend credit while observing prudential norms without...Read More

Personal Financing Made Easy With FinTech

Personal Financing Made Easy With FinTech

Ever wondered what happened to all your money just a few days after you were paid? Or, what kind of expenses you’ll need to cut down on s...Read More

Varun Dhawan is Jacqueline Fernandez’s partner in crime

Varun Dhawan is Jacqueline Fernandez’s partner in crime

Today, everyone can say how Jacqueline Fernandez was the best choice to play Karishma Kapoor’s role in Judwaa 2, credit to her being such...Read More

Apurva Asrani clarifies on Kangana Ranaut stealing writer credit for ‘Simran’

Apurva Asrani clarifies on Kangana Ranaut stealing writer credit for ‘Simran’

After the debacle of Rangoon, Kangana Ranaut will be now seen in a light hearted drama, Simran, which will release in the month of Septem...Read More

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As inflation shoots up, India Inc seeks lower lending rates

New Delhi : India Inc on Tuesday pitched for lower lending rates and nudged policymakers to take measures to improve the credit flow to m...Read More

Indore: Additional charges may hit use of plastic money

Indore: Additional charges may hit use of plastic money

Indore: When the Centre is pushing for plastic money to curb the menace of black money and fake currency, ‘charges on taxable income’ on ...Read More

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