Page 18 - Bank Loans

State Bank of India targets 3x growth in retail, MSME gold loans

Cheap deposit money, which helps offer low lending rates, gives banks the edge over gold loan companies

Even with Covid, our fresh slippages will be in control: SBI chairman

We believe most customers would start paying EMIs from September as the moratorium comes to an end, said Rajnish Kumar

Banks to be cautious in lending despite gold loan LTV relaxation: Report

Last week, the Reserve Bank of India had increased the permissible LTV ratio for loans against pledge of gold ornaments and jewellery for non-agricultural purposes from 75 per cent to 90 per cent

Restructuring likely to be at 5-8% of banks loan book under new norms: ICRA

Last week, the RBI allowed banks to go for a one-time restructuring of corporate and personal loans that are under stress due the Covid-19 pandemic

China's new bank loans fall further, but broad credit growth quickens

Analysts polled by Reuters had predicted new yuan loans would fall to 1.20 trillion yuan in July. The new loans were lower than 1.06 trillion yuan a year earlier

PNB calls for change in loan recast scheme, cites 'tough times'

Call for closer look at borrowers who delay repayment up to eleventh hour just to avoid NPA tag

Debt-recast scheme: CEOs want simpler and corporate friendly norms

CEOs say scheme should also be offered to companies that fell into crisis before Covid

One-time loan recast: Tricky road lies ahead for Kamath panel, say experts

Govt appoints four more members; norms in 30 days after recommendations

Monetary policy: RBI lends helping hand to distressed retail borrowers

Under the scheme, a resolution plan for personal loans may be invoked till December 31 and will be implemented within 90 days thereafter

Q1 results: 40% of corporate loans may require restructuring by banks

Firms that either reported operating losses or poor interest coverage ratio account for Rs 10.7 trn of debt

Pay higher percentage of vehicle cost upfront to get loan in pandemic

A low EMI to take-home income ratio will also improve your chances of getting a loan

Loan restructuring may only provide short-term respite to lenders

The measures will lower credit cost to some extent, but analysts are sceptical of asset quality of such loans

Moratorium extension will lead to debt pile-up: Sunil Mehta, CEO, IBA

In an interview, SUNIL MEHTA discusses with Somesh Jha the demerits of extending the loan moratorium window and argues why it is the right time for the regulator to allow banks to restructure loans

Govt to work on a recap plan after evaluating the impact of moratorium

For now, the government has told state-owned banks to raise money from the markets

Banks sanction Rs 1.38 trn loans to MSMEs under credit guarantee scheme

The scheme is the biggest fiscal component of the Rs 20-trillion Aatmanirbhar Bharat Abhiyan package announced by Finance Minister Nirmala Sitharaman in May

SBI economists pitch for sector-specific loan recast after moratorium ends

They said the moratorium data is not "significantly perturbing" but hit out against the "spate of unplanned and unintelligent lockdown mania" in many pockets

Banking crisis could dent investor confidence

But bear in mind that the government will surely organise a bailout in such a scenario

June retail credit grows Rs 11,518 crore after shrinking for 2 months

Outstanding loans to SME remained flat at Rs 3.52 trillion in June, compared to May

Dusting off the inflation cap

The popular narrative on inflation is that the rise was because production and distribution had ceased due to the pandemic, leaving too many buyers chasing too few goods

Hosiery exporters seek extension of loan moratorium by 6 months up to March

Exporters said the financial position of the knitwear garment units in Tirupur has not improved and they were not in a position to repay the loan and interest