Page 15 - Bank Loans

Guaranteed loans for stressed assets out of existing Rs 3 trn credit line

Scheme to be applicable to all 26 sectors identified by K V Kamath panel along with health sector, with past dues from Rs 50-500 crore as of 29 February, 2020

Some banks extending long-term loans below bond market rates, warns SBI

It's time the RBI allowed the rupee to appreciate, says an SBI Research report

Realty lending by FIs drops sharply in last one year due to pandemic

Lending rates have come down by 100 basis points for term loans and to lower extent for other loans, says Propstack data

Loan moratorium is fiscal policy matter, we're on top of it: Centre to SC

The Centre told the SC that issue pertaining to loan moratorium is a fiscal policy matter and the government has taken various proactive steps keeping in mind different sectors.

DBS Bank issues maiden green loans in India worth Rs 1,050 cr to CapitaLand

DBS Bank on Wednesday said it has issued its first two green loans in India totalling Rs 1,050 crore to CapitaLand.

Just 1% firms keen on one-time debt recast as biz outlook improves: Crisil

This is despite the fact that two-thirds of Crisil-rated entities are eligible for restructuring, based on Kamath Committee parameters

Sundaram Home Finance to raise Rs 2,000 cr in H2 through debt, bank funding

The company plans to raise it through a mix of debt instruments and bank funding

Best of BS Opinion: Industrial era GDP measures, gold loans glitter & more

Here's a selection of Business Standard opinion pieces for the day

Retail loans: Banks dominate in business segment, NBFCs in housing

In personal loans, both state-run and private banks have a higher share compared to NBFCs

Gold loans glitter for banks

Loan against gold is the best route for monetising the yellow metal, and the Covid pandemic is acting as a catalyst for it

PNB Housing Finance set to prune corporate loan book by Rs 1,500 cr

There was a sell down and accelerated pre-payment of Rs 477 crore in the corporate book

HDFC net profit dips to Rs 2,870 cr in Q2, net interest income rises 21%

The Assets Under Management (AUM) rose 10.2 per cent to Rs 5,40,270 crore in Q2FY20 from Rs 4,90,072 crore in the previous year

Govt extends emergency credit line guarantee scheme till November 30

Earlier deadline was Oct 31, Under the scheme, 100% guarantee is provided by National Credit Guarantee Trustee Co for additional funding of Rs 3 trillion to borrowers

Home loan offers: Keep an eye on caveats before choosing a lender

They may be available only to those whose credit score exceeds a specified level or who buy insurance also

Regularise your accounts by the end of November

Borrowers must recommence regular repayments and ensure that they do not default on their loan obligations

When job loss wrecks your finances

Continue to pay your loan EMIs and insurance premiums for term and health policies (not investment-based policies) on time

Govt rings in Diwali, waives interest on interest for loans up to Rs 2 cr

Housing loan, education loans, credit card dues, auto loans, MSME loans, consumer durable loans and consumption loans are covered under the scheme

Centre to ensure interest waiver benefits to small borrowers by Nov 2

Experts say provisioning requirements for banks may go up 20-50 per cent in Q2 due to SC standstill order

Banks need to use AI, machine learning for corporate lending: CEA

Indian banking sector needs to use emerging technologies such as Artificial Intelligence and machine learning for corporate loans, Chief Economic Advisor Krishnamurthy Subramanian said

Borrowers need fair rates, not just waiver

With portability, a large number of borrowers will move to a 1-2 percentage points lower rate and enjoy handsome savings