Page 2 - Interest

SBI Cards net doubles to Rs 175 crore in Q4FY21 on lower provisions

Interest income down 20% YoY to Rs 1,072 cr; other income more than doubles to Rs 159 cr

Loan moratorium: Centre asks banks to foot 'interest on interest' bill

Banks have been told that they can also adjust the amount against future liabilities for all accounts

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

Indian banks say govt interest waiver will add to costs, spark litigation

The change will waive the compounded interest component on small business loans and some personal debts from March to August

Interest subsidy scheme to help exporters face global headwind: Nirmala Sitharaman

She also said there is 'absolutely' no threat for India to provide minimum support price to farmers

Markets end in red on P-Note norms, fears of rising interest

Among the 30-share Sensex pack, 21 stocks declined and the rest nine rose during the week

High real interest rate causing lowering growth in banks

Main reason of banks facing shortage of funds is sluggish deposit at ASCB with meagre growth of 9.9%