Loan

SC PUTS TO SLEEP CASE OF INTEREST CHARGED DURING MORATORIUM

SC PUTS TO SLEEP CASE OF INTEREST CHARGED DURING MORATORIUM

A 3-judge Bench of Justices Ashok Bhushan, R Subhash Reddy and M R Shah directed the Centre and its finance ministry to implement its de...Read More

Lenders of CG Power approve loan restructuring

Lenders of CG Power approve loan restructuring

In a regulatory filing, CG Power said: "The company, TI (Tube Investments) and the lenders have now executed the requisite binding agreem...Read More

SBI set to offer Rs 5000 crore loan to Adani coal project in Australia: Report

SBI set to offer Rs 5000 crore loan to Adani coal project in Australia: Report

As per media reports, the loan agreement between SBI and Adani Group is nearly done and a ratification is expected from the bank's execut...Read More

Agriculture loans is different government's interest waiver scheme

Agriculture loans is different government's interest waiver scheme

In what may be a severe hit for farmers and other stakeholders in the country's agricultural sector, crop loans, tractor loans and other...Read More

What exclusive services can HDFC Bank customers avail with Apollo Hospitals?

What exclusive services can HDFC Bank customers avail with Apollo Hospitals?

HDFC Bank has tied-up with Apollo Hospitals to help its customers using medical services at the healthcare chain. The bank is offering pr...Read More

Swift economic recovery may limit banking sector's loan losses: Fitch

Swift economic recovery may limit banking sector's loan losses: Fitch

Swift economic recovery will be critical to limiting loan losses faced by Indian banks in a likely protracted period of weakness in the a...Read More

Loan refused ‘for not knowing Hindi’, bank manager shunted

Loan refused ‘for not knowing Hindi’, bank manager shunted

ChennaiIn a fresh row over “Hindi imposition” in Tamil Nadu, the manager of the Indian Overseas Bank (IOB), Jay­a­m­kondam branch in Ariy...Read More

No clamour or rush for restructuring of loan: SBI Chairman

No clamour or rush for restructuring of loan: SBI Chairman

Contrary to market expectations, there was not too much demand or clamour for restructuring of loans as permitted by RBI recently to beat...Read More

By Diwali, NBFC’s collection efficiency to normalise

By Diwali, NBFC’s collection efficiency to normalise

CNew Delhi, Sep 9 (PTI) NBFCs have ramped-up their collection infrastructure aggressively and growth is visible across product segments, ...Read More

Vedanta ties up with SBI for syndicated loan of Rs 10,000 crore

Vedanta ties up with SBI for syndicated loan of Rs 10,000 crore

Vedanta Ltd on Monday said it has tied up with State Bank of India for a long-term syndicated loan facility worth Rs 10,000 crore. A synd...Read More

'Ample powers' with Centre yet not making its stand clear on levying interest on deferred loan payments, points SC

'Ample powers' with Centre yet not making its stand clear on levying interest on deferred loan payments, points SC

The Centre is "hiding behind the RBI", the Supreme Court said on Wednesday and asked it to reply within a week on the issue of interest b...Read More

Maharashtra govt assures loan interest of two sugar mills

Maharashtra govt assures loan interest of two sugar mills

Two sugar cooperative factories, including Vithal in Pandharpur controlled by Nationalist Congress Party (NCP) legislator Bharat Bhelke a...Read More

One-time loan restructuring to help soften COVID-19 impact: Report

One-time loan restructuring to help soften COVID-19 impact: Report

The Reserve Bank of India's (RBI) move on one-time loan restructuring will help soften the Covid-19 pandemic's impact on the asset qualit...Read More

Loan recast: NBFCs' refinancing needs likely to increase, says report

Loan recast: NBFCs' refinancing needs likely to increase, says report

Last week, RBI gave permission to lenders to go for one-time restructuring of corporate and personal loans facing stress due to the disru...Read More

Cyber Fraud: Man lures senior citizen with a loan of Rs 10 lakh

Cyber Fraud: Man lures senior citizen with a loan of Rs 10 lakh

In yet another cyber fraud, a senior citizen was duped to the tune of Rs 1.86 lakh on the pretext of paying charges to avail a personal l...Read More

No more moratorium, says Deepak Parekh; RBI non-committal

No more moratorium, says Deepak Parekh; RBI non-committal

"Even people who have the ability to pay -- whether they are individuals or corporates -- are taking advantage under this moratorium. The...Read More

Worried about how to defer EMI? For SBI borrowers, this would be lot more easy

Worried about how to defer EMI? For SBI borrowers, this would be lot more easy

State-run State Bank of India has decided to make the process to defer EMI simple. The bank will start sending notification to its borrow...Read More

Vijay Mallya asks govt to accept loan repayment offer, close case against him

Vijay Mallya asks govt to accept loan repayment offer, close case against him

While congratulating the Indian government over the Rs 20 lakh crore economic package, Mallya lamented that his repeated offers to repay ...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

AIIB approves USD 500 million loan request of India

AIIB approves USD 500 million loan request of India

Beijing-headquartered Asian Infrastructure Investment Bank (AIIB) has approved a loan of USD 500 million to support India’s efforts to pr...Read More

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