Page 24 - Bank Loans

Govt's outstanding loans from RBI at $4.36 bn in week ended Dec 13

The central government had Rs 525.75 billion ($7.33 billion) outstanding loans in the week earlier

Loan melas a short-term salve, may come back to bite NPA-hit banks

Banking and policy experts said government lending schemes had a track record of skimping on due diligence, leading to higher-than-normal levels of bad loans

As credit crunch bites, Indians pawn off family gold for quick funds

The trend, which has prompted some lenders to impose restrictions as risks and borrowing costs rise, has been accelerated by record gold prices

Banks' loans rise 8.8% in two weeks to October 11; deposits climb 9.8%

Non-food credit climbed Rs 214.40 billion to Rs 97.28 trillion, while food credit rose Rs 2.05 billion to Rs 602.90 billion

MCA to probe Ludhiana's SEL Manufacturing over Rs 4,000-cr loan default

Officials have prepared SEL Manufacturing's assets list that includes a jet and a school

Colour but no credit: Loan 'mela' kicks off, but without spot approvals

Although letters of loan sanctions were handed out to customers at the mela, most of these were already under process for some weeks at the branch level

Linking loans to external benchmark: Why it won't be easy for banks

Banks in India are not wholesale-funded entities as in developed markets, but deposit-taking. Only a percentage of their books is linked to borrowing at the repos window

Reserve Bank increases banks' loan exposure limit to single NBFC

The RBI on Thursday increased loan exposure limit of banks to a single NBFC (excluding gold loan companies) from 15 per cent to 20 per cent of its capital base, a move that will help increase credit supply to the crisis-ridden shadow banking sector. According to the extant 'Large Exposures Framework (LEF)', banks' exposure to a single non-banking financial company (NBFC) is restricted to 15 per cent of their available eligible capital base, while general single counter-party exposure limit is 20 per cent, which can be extended to 25 per cent by banks' boards under exceptional circumstances. "It has been decided that a bank's exposure to a single NBFC (excluding gold loan companies) will be restricted to 20 per cent of that bank's eligible capital base," the central bank said in a circular. The government on its part has also been taking steps to increase liquidity in the NBFC sector, which was hit after default by IL&FS Group. The liquidity crunch in the NBFC sector has hit the ...

Secondary loan mkt may completely change India's banking landscape: Experts

In India, there is a well established secondary market for stressed loans

Bank credit rises by 14.88% and deposits up by 9.13%: Central bank data

Personal loans rose by 15.1 per cent in the month, against 16.8 per cent last year.

Banks' loans rise 12.9 % in two weeks to Aug 17; deposit up by 8.3 % : RBI

Bank deposits fell 719.00 billion rupees to 115.11 trillion rupees in the two weeks to Aug. 17

Banks unwilling to extend loan to new borrowers without credit history

New-to-credit customers should use secured credit cards to build up a track record, or turn to digital lenders and P2P platforms for loans

Despite PM's recommendation, BoB denies full Rs 2.5-mn loan to UP carpenter

Bank of Baroda asked me to take Rs 1 million and start my work and didn't give me the Rs 2.5 million promised, says the UP-based carpenter

RBI has ensured that banks play by the rules, says Axis Bank MD & CEO

Interview with Shikha Sharma, managing director & chief executive officer, Axis Bank

Bank loan market could revive soon as bonds become costly

Banks are clear that lending rates are not going to fall further

Loan growth at double digits in September quarter

Public lenders continued to maintain their leading position, accounting for 70% of total deposits

Banks loans rose 9.1% in 2 weeks to Oct 28: RBI

While deposits rose 9.8%, according to Reserve Bank of India's weekly statistical supplement

Some relief for home buyers as more rate wars are in the offing

Existing borrowers should shift their loans only if rates are more attractive

Indian banks' loans rose 8.9% y-o-y in two weeks to October 14: RBI

Outstanding loans fell 2.12 trillion rupees ($31.68 billion) to 73.62 trillion rupees in the two weeks to Oct 14

Deduction on home loans: How helpful is it?

It has been announced for a year. If you borrow with spouse, this limit doesn't come into picture