Loans

State-owned Indian Railway Finance Corporation is planning to mobilise USD 2 billion through external commercial borrowing, primarily in Japanese yen, to fund business growth in the current financial year. The external commercial borrowing (ECB) is part of the Rs 70,000 crore resource mobilisation plan approved by the board of Indian Railway Finance Corporation (IRFC) for the ongoing financial year. "We have just signed a loan agreement with the consortium of banks for raising an External Commercial Borrowing loan of JPY equivalent USD 1.1 billion. Given the pipeline of projects, we expect disbursements within the June quarter itself," IRFC Chairman and Managing Director Manoj Kumar Dubey told PTI. The ECB, being raised for JPY equivalent USD 1.1 billion, has been tied up for a 5-year tenor and benchmarked to Overnight TONAR (Tokyo Overnight Average Rate). The proceeds from this facility will be utilised towards financing projects with forward or backward linkage with the railway .

The Food Corporation of India (FCI) is set to raise short-term debt of Rs 50,000 crore from scheduled banks for a three-month tenure, with a green shoe option to mop up an additional Rs 25,000 crore, a senior government official said on Monday. The funds are being raised to bridge cash flow mismatches arising from procurement and distribution of foodgrains. Tenders submitted in this regard will be opened on May 22. Total borrowings under the tender will not exceed Rs 75,000 crore at any point of time, the official added. The short-term loans will be on an unsecured basis. Notably, the government of India guarantee of Rs 6,000 crore available for food credit to FCI will not be extended to these borrowings. As per the tender terms, offers must remain valid up to August 31, with loan disbursals to be made in tranches in line with FCI's operational requirements. FCI, the government's nodal agency for procurement and distribution of foodgrains to ration card holders and beneficiaries

Pakistan has returned the total USD 3.45 billion it owed in debt to the United Arab Emirates, the country's central bank said Friday. The State Bank of Pakistan (SBP) in a social media post confirmed the repayment and said that the transaction was completed on Thursday. "State Bank of Pakistan repaid a deposit of USD 1 billion to Abu Dhabi Fund for Development (ADFD), UAE on April 23, 2026. Deposits of USD 2.45 billion were repaid last week. This completes the repayment of total deposits of USD 3.45 billion to UAE," it said. The announcement came days after Pakistan received a USD 3 billion financial aid from Saudi Arabia. The deposit came in two tranches, with the second tranche of USD 1 billion received on April 21. The UAE had asked for the immediate return of the funds in the wake of the recent situation in West Asia following the US-Israel war on Iran. These funds were part of external financing support extended by the UAE in 2019 to help stabilise Pakistan's balance of payme

Banks prefer restructuring MSME loans over moratoriums to maintain credit discipline, as stress from US tariffs and the West Asia crisis raises concerns over repayment capacity

Its financing arm, Porteast Investment, will temporarily raise its loan-to-value limit to 40 per cent from 34 per cent for four months through July 15

The guarantee on bank loans would be provided by the National Credit Guarantee Trustee Company (NCGTC), a wholly-owned subsidiary of the government

State-owned Indian Renewable Energy Development Agency (IREDA) has reported its highest-ever annual loan sanctions of Rs 51,883 crore and disbursements of Rs 34,946 crore in FY 2025-26 as per provisional data released on Tuesday. The outstanding loan book witnessed a significant expansion of 22 per cent at Rs 93,075 crore as on March 31, 2026, up from Rs 76,282 crore in the previous year, a company statement said late Tuesday evening. Loan sanctions during FY26 rose to Rs 51,883 crore, marking a growth of 9 per cent over Rs 47,453 crore in the previous financial year, according to the statement. Loan disbursements recorded a strong increase of 16 per cent , reaching Rs 34,946 crore as against Rs 30,169 crore in FY25. Pradip Kumar Das, Chairman & Managing Director, IREDA said, "Announcing IREDA's annual performance on the last day of the financial year reflects our continued commitment to transparency and timely disclosures. Achieving the highest-ever loan sanctions, disbursements

Availing of this facility without a clear repayment plan can lead to financial stress and higher borrowing costs over time, experts warn

Mule networks continue to drive frauds and scams, with operations turning transnational and causing heavy losses for Indian users, according to a Bureau report

First-time credit monitoring in India rises 27%, with user base reaching 183 million, driven by Gen Z, women and non-metro consumers, says CIBIL report

Microfinance lenders are expanding into secured products such as gold, mortgage and MSME loans as RBI's revised norms and asset quality pressures push them to diversify portfolios

NaBFID's total assets rose 44 per cent to ₹1.04 trillion ($11.4 billion) as of Dec. 31, 2025, according to its website

Check out a range of car loan interest rates available from banks for a 5 year-period as well as associated EMIs for each

Pipeline robust as firms look at more acquisitions

A new scheme will provide loans of up to ₹10,000 to gig workers and domestic helps, modelled on PM-SVANidhi, to support entrepreneurship and small business ventures

Individual term plan stays with the borrower even if the loan is prepaid, refinanced or transferred, and payout goes directly to the nominee

Pakistan has depended on IMF loans for many years to manage its economy, repay debts and support foreign exchange reserves

For banks with assets exceeding Rs 10 trillion, the ceiling for the materiality threshold has been set at Rs 25 crore

HDFC Bank merged with its parent HDFC in July 2023, adding a significant pool of loans but a smaller volume of deposits

Six banks reporting Q3 FY26 business updates recorded double-digit year-on-year growth in advances, while deposit growth also remained healthy across public and private lenders