Page 6 - Lending

RBI proposes to lift interest rate cap on microfinance institutions

Proposes debt-income cap; common rules for all micro-loan lenders

Personal loan growth boosted credit outflow in April: HDFC Securities

Growth in agricultural credit continued to accelerate

HFCs loan book to grow 8-10% in FY22, stress levels to stay elevated: Icra

While HFCs are expected to regain their profitability and growth trajectory in FY22, rising Covid-19 infections and localised lockdowns remain a concern area

Fall in gold prices may not significantly impact NBFC asset quality: Report

The recent fall in gold prices is unlikely to affect the asset quality of NBFCs lending against gold in a considerable manner: report

Mudra loan sanctions in FY21 drop 21% YoY to 2.7 trn as Covid-19 weighs

The pandemic impact and subsequent lockdown leading to closure of several small units, there are concerns that NPAs under the scheme may rise

Bajaj Finance: Signs of full-blown recovery aren't convincing enough

Pace of new customer addition up in Q4, though new loans acquired lags year-ago level

We will make haste, but slowly: SBFC Finance founder & CEO Aseem Dhru

Backed by the Singapore-based Clermont Group and Arpwood Partners, SBFC Finance wants to redefine the play in lending to micro-enterprises

Lender Muthoot Fincorp looks to close fiscal with 28% loan growth

Muthoot Fincorp is the flagship of the diversified Muthoot Pappachan Group

Why we need uniform micro loan regulations

The Election Commission must ban loan waiver poll promises by all political parties. If their hearts bleed for the poor, they can always use the party funds to pay off the lenders

Affordable housing finance companies may grow at 12-15% in FY22: Report

The long-term growth outlook for affordable housing finance companies remains positive, says a report

NBFCs seek continued liquidity support in upcoming Union Budget

Non-banking finance companies expect the government to provide continued liquidity support by encouraging banks to lend more to the sector

About two-thirds of auto loan needs met by private, foreign lenders: Report

Nearly two-thirds of the auto industry's loan requirements are taken care of by the private and foreign lenders in the country, a report said

Digital dangers

Unauthorised lending apps must be stopped

Borrow from RBI-registered lending apps to avoid unscrupulous operators

Digital Lenders' Association of India (DLAI) has come out with a few guidelines

Bankers' sentiment on lending improves; loan demand to rise: RBI survey

The Covid-19 pandemic and the related lockdown led to significant contraction in loan demand across all sectors during April-June 2020

Banks will focus on cash flow-based lending in future: UCO Bank's Ajay Vyas

Banks are likely to focus on cash flow-based lending in times to come, a top executive of UCO Bank has said

RBI governor asks banks to strengthen lending capacity by raising capital

During a two-day meeting with heads of banks, including the private sector lenders, the governor emphasised on the need to remain vigilant and make provisions against bad loans proactively

Banks should focus more on cash-flow based lending, says RBI Governor

In this regard, credit bureaus and the proposed Public Credit Registry (PCR) framework can improve the flow of credit as well as credit culture in the country, according to the governor

Realty lending by FIs drops sharply in last one year due to pandemic

Lending rates have come down by 100 basis points for term loans and to lower extent for other loans, says Propstack data

Banks step up lending in September as the economy opens up: RBI data

Growth in credit to industry had grown 2.7 per cent YoY in September 2019