Page 8 - Indian Lenders

Lenders can now transfer stuck BOT projects to other developers

This move will draw a fine line of functional balance of public-private partnership for development of highway infrastructure in the country

Frauds reported in H1 rise to Rs 1.13 trillion, 97% happened earlier

Also, during the first half of FY20, banks reported 398 cases of large-value frauds (above Rs 50 crore) worth Rs 1.05 trillion and 21 cases of frauds above Rs 1,000 cr, worth a cumulative Rs 44,951 cr

Xiaomi Mi Credit app debuts with Rs 1 lakh lending limit on personal loans

Being an online marketplace for lenders, the Mi Credit app debuts with support from Aditya Birla Finance Limited, Money View, EarlySalary, Zestmoney and CreditVidya

195 firms owe Rs 13 trillion to lenders, borrowings exceed market-cap

These firms owe Rs 13 trillion to lenders and account for 55% of all non-financial corporate debt

Maruti Suzuki seeks better lending terms for dealers amid liquidity crunch

As sales falter, banks tighten lending norms for auto dealers

Neither India's billionaires nor the poor can escape shadow lender woes

The problems started late last year following shock defaults at shadow lender IL&FS group

Action on banknotes provides a boon to struggling Indian lenders

Lower lending rates have long been seen as a needed boost to India's economy, which grew at a 15-month low in the April-June quarter