Page 2 - Bank Loans

PNB aims 58% of total loan book in FY26 from retail, agri, MSME loans: MD

State-owned Punjab National Bank (PNB) proposes to expand its RAM (retail, agriculture and MSMEs) sector lending to 58 per cent of its loan book in the current financial year with the help of various initiatives taken, including loan outreach. The bank closed FY25 with loan outstanding under RAM segment at Rs 6,02,682 crore, 56 per cent of the loan book. "We are planning to increase RAM from 56 per cent to 58 per cent in this financial year because that will give me the cushion against loss which is happening in due to reduction in the interest rate in the corporate and the RLLR (repo-linked lending rate) loan book," PNB MD & CEO Ashok Chandra told PTI in an interview. The volume increase in the RAM segment will help compensate for a loss due to further rate cuts, he said. Sharing the various initiatives taken to increase RAM, Chandra said the bank had conducted outreach activities for giving push to both retail and MSME lending in February on pan-India basis and these yielded a ..

Bank credit growth slows down further to 10.3%, shows RBI data

Loan growth for commercial banks dipped to 10.3 per cent in the fortnight ended April 18, while deposit growth inched up slightly to 10.2 per cent, RBI data shows

Axis Bank Q4 results: Net profit flat at Rs 7,118 crore, NII up 5.5%

Loan loss provisions, slippages rise

Car loans become cheaper: Here is what's various lenders are offering

Understanding loan terms of various companies is vital for financial planning and saving

India subprime loans on edge of crisis with distress among 68% borrowers

The $45 billion industry will probably muddle through its latest difficulties, though analysts want the central bank to come up with more robust supervision

Reserve Bank of India broadens scope of loans under priority sector norms

Ups limit for renewable energy to Rs 35 crore

Banks transfer McLeod Russel loan accounts to NARCL for debt resolution

ICICI Bank and seven lenders assign McLeod Russel's Rs 1,104.69 crore debt to NARCL, raising hopes for restructuring. IndusInd Bank stays out, while JC Flowers ARC holds a 24.39% stake

Securitised pools face pressure as collections dip on unsecured loans

The collections of microfinance pools have declined to about 90 per cent in the third quarter of financial year 2025 (Q3FY25) from around 97 per cent at the beginning of this year

Reserve Bank of India frees up bank capital with NBFC risk weight rollback

Following the increase in risk weights, bank loan growth to shadow banks fell sharply

Decoded: Why RBI stopped New India Co-operative Bank's operations

The RBI has barred the New India Co-operative Bank Ltd from issuing loans or permitting withdrawals for six months

JSW Steel seeks syndicated loan of up to $900 mn from international lenders

JSW Steel's loan comes amid a busy period for Indian borrowers, with Reliance Industries and Greenko Energy Holdings's founders also tapping foreign debt as local funding rates remain elevated

Kotak Mahindra Bank Q3 results: Consolidated net up 10% at Rs 4,701 crore

Net interest income grew by 10 per cent Y-o-Y to Rs 7,196 crore, while fees and services for Q3FY25 also grew 10 per cent to 2,362 crore

Banks seek SC clarity on loans against uncertified ancestral properties

Banks' move comes in response to a recent Supreme Court ruling that mandates financial institutions to only sanction loans against properties if the borrowers present valid certificates

Fintechs capture 76% of personal loans as banks slowdown in H1 FY25

Banks experienced a 21 per cent drop in the volume of personal loans sanctioned, accompanied by a 30 per cent decline in loan value year-on-year, according to a new report

Bank loan growth slows for fifth month in Nov amid stricter lending rules

Banks' credit increased by 11.8 per cent year-on-year last month, slower than the 16.5 per cent rise in November 2023

RBI flags unsecured lending, private credit; calls for enhanced vigilance

Banks' gross NPA ratio further falls to 2.5 per cent in Sep 2024

Centre launches Rs 1,000 crore credit guarantee scheme for farmers

Union food minister Pralhad Joshi on Monday launched a Rs 1,000 crore credit guarantee scheme to help farmers easily access post-harvest loans by leveraging electronic warehouse receipts. The scheme aims to reduce banks' reluctance to lend against electronic negotiable warehouse receipts (e-NWRs) issued by Warehousing Development and Regulatory Authority (WDRA) registered repositories. "We have provided a corpus fund of Rs 1,000 crore. The objective is to encourage banks to lend loans with a liberal approach," the minister said at the scheme's launch. Food Secretary Sanjeev Chopra highlighted the significant potential for expansion, noting that current post-harvest lending stands at just Rs 40,000 crore out of total agricultural lending of Rs 21 lakh crore. Currently, lending against e-NWRs is a mere Rs 4,000 crore. "We are hoping that post-harvest lending will grow to Rs 5.5 lakh crore over the next 10 years," Chopra said, emphasising that the target is achievable with coordinated

Lenders likely to securitise loans over Rs 60,000 crore in Q3FY25

Secured loans are prime assets; investors selective about segments with quality pressures

Over 70% MSMEs use biz loans for immediate financial needs: Study

There is higher demand for working capital expenses, emphasising the liquidity challenges and short-term cash flow gaps faced by businesses in managing their day-to-day operations

Bank loan 'fraud' case: ED raids ex-directors, promoters of Kwality Ltd

The Enforcement Directorate on Wednesday conducted searches at multiple locations in Delhi and adjoining areas as part of an alleged bank loan fraud linked money laundering probe against former promoters of liquidated dairy major Kwality Ltd, official sources said. About a dozen places are being raided under the provisions of the Prevention of Money Laundering Act (PMLA), the sources said. The money laundering case stems from a 2020 FIR of the CBI against Kwality Ltd and its directors filed in September, 2020 for allegedly cheating a consortium of 10 banks, led by the Bank of India, for an amount over Rs 1,400 crore through alleged bloating of financial statements and diversion of loan funds. The premises of the former promoters of the company, directors and other key persons are being searched, the sources said. Kwality Ltd. started as an ice-cream manufacturing company and diversified into milk-based products. Its former directors include Sanjay Dhingra, Siddhant Gupta, Arun ...