Loans

Avoiding fraudulent loan apps: RBI listing, ratings & reviews key to safety

Loans from registered NBFCs or banks come with a key fact statement (KFS), a sanction letter, and a loan agreement detailing all costs

How to fix credit report errors: Dispute on bureau site, alert lender

Having documents like no-dues certificates and records of repayment will strengthen your case

Bajaj Finance's new loans increase 23% in Q1 FY26, AUM jumps 25%

Bajaj Finance reports a 23% YoY rise in new loans and a 25% YoY increase in AUM for the April-June quarter of FY26. Customer franchise and deposit book also show robust growth

Private credit deals gaining momentum in India, says Cerberus MD Ghosh

Cerberus, which has $65 billion under management globally, was among the anchor investors in Shapoorji Pallonji Group's $3.4 billion financing, the country's largest private credit deal to date

Asian banks fuel more than $2 billion loan boom across Middle East

Growing need for Middle East borrowers, primarily those from the Gulf States, to look beyond domestic capital markets comes as many regional economies press ahead with expensive diversification plans

Vodafone Idea plans to raise $2.9 billion in loans to boost network

The billionaire Kumar Mangalam Birla-led wireless carrier had to earlier defer the plan as banks were concerned about the firm's weak finances and mounting dues to the government

Looking at double-digit growth for SME banking in India, says Xie Wen

I see that in India, manufacturing is certainly growing, and services continue to be a very important and big driver of the economy, says Wen

RBI relief for project finance, only 1% provision in construction phase

Banks welcome RBI's final project finance guidelines that lower provisioning to 1 per cent during construction and exempt existing projects from higher requirements

Bank of Maharashtra cuts retail loan rates by up to 50 bps post RBI move

Bank of Maharashtra, Bank of Baroda and other PSU banks cut lending rates following RBI's 50 bps repo rate reduction, with home loans now starting at 7.35 per cent

RBI rate cut: Good news for loans, bad news for FDs | Personal finance | EMIs | Loans

CA Grameen raises $100 mn via multi-currency syndicated loan facility

The funding comes through a syndicated loan facility, meaning multiple banks pooled in to provide the loaned amount

Finance ministry pushes public sector banks to expedite loans for weavers

Handloom organizations also benefit from an interest subvention, receiving loans at a concessional interest rate of 6 per cent for three years

SBI to shed ₹1.5K cr exposure to power equipment maker Regen Power

SBI to offload ₹1,550-crore stressed loan exposure in Regen Power to clean up its books; auction reserve price set at ₹240 crore

India opposes ADB's $800 million aid to Pakistan, flags misuse concerns

India has raised strong objections to ADB's financial aid to Pakistan, citing concerns over cross-border terrorism, high defence spend, weak reforms, and governance risks

MSME delinquencies fall to 5-year low of 1.8%: Cibil-Sidbi report

Delinquency levels in the MSME sector fall to 1.79% in March 2025 as credit rises 13% YoY to ₹35.2 trillion, with private banks showing the best performing loan book

India's outward FDI nearly doubles to $6.8 bn in April 2025: RBI data

Equity, loans, and guarantees led the surge in outward FDI commitments from India, which rose to $6.8 billion in April 2025, up from $3.58 billion a year earlier

IMF approves disbursement of $1 bn loan to Pakistan despite India's warning

The International Monetary Fund (IMF) on Friday approved the immediate disbursement of about USD 1 billion to Pakistan under the ongoing Extended Fund Facility, the Prime Minister's Office (PMO) said. Prime Minister Shehbaz Sharif expressed satisfaction over the approval of a USD 1bn dollar instalment for Pakistan by the IMF and the failure of India's high-handed tactics against it," according to a statement issued by the PMO. It said Pakistan's economic situation has improved and the country is moving towards development.

HUDCO Q4 results: Net profit up 3.93% to ₹728 cr; NII jumps 26.3%

HUDCO reported Rs 727.74 crore Q4 profit for FY25 with improved net interest income and loan disbursements; board recommends Rs 1.05 final dividend per share

Mindspace Reit to raise Rs 1,800 crore through debt securities, CPs

Board committee approves Rs 1,800 crore fundraise plan via non-convertible debt and commercial papers amid rising NOI and strong leasing growth in FY25

Vedanta Resources proposes to repay $920 million debt in FY26: CFO Goel

Anil Agarwal-led Vedanta Resources Ltd (VRL), as part of its deleveraging exercise, has proposed to repay USD 920-million debt in the current fiscal year and about USD 675 million in the next, a company official said. The company has been gradually deleveraging its balance sheet, improving its capital structure, and lowering its financial costs by tapping bond markets as part of its liquidity management exercise. In a Q4 earnings conference call, Vedanta's Chief Financial Officer Ajay Goel said, "So USD 920 million is a debt repayment to do in the current year. Next year, FY27, it's about USD 675 million." The need for cash at VRL is declining rapidly, led by both deleveraging and refinancing, he said, adding that at the same time, overall cash flow at Vedanta India, given the augmented volume, compressed cost, is much higher. "So overall, we as a group in terms of cash management is historical best position," he explained. Last year, Vedanta firmly established itself as one of th