Page 11 - Bank Loans

Banks recover nearly Rs 61,000 crore via one-time settlement of loans

The figures are for the last three financial years and up to December 2021 of the current fiscal

Reserve Bank of India removes interest cap for microfinance loans

Annual income criteria for loans hiked to Rs 3 lakh

Bank loans rose 7.9% YoY in two weeks to Feb 25, deposits up 8.6%: RBI

March 11 (Reuters) - Indian banks' loans rose 7.9% in the two weeks to Feb. 25 from a year earlier, while deposits rose 8.6%, the Reserve Bank of India's weekly statistical supplement showed

Scrutinise agreement before signing it

The National Commission indicted the bank for having obtained signatures on the loan agreement in which critical spaces had been left blank

FM Nirmala Sitharaman asks banks to be more customer-friendly

The minister also made it clear that banks do not have to be lenient on credit underwriting standards by taking any adverse risks on a proposal

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