Page 2 - Loans

Uco Bank, Punjab & Sind Bank record 16-17% increase in loan in Q2

State-owned UCO Bank has reported a 16.6 per cent growth in credit to Rs 2.31 lakh crore for the second quarter of FY26. Its total advances were Rs 1.98 lakh crore at the end of September 30, 2024, UCO Bank said in a regulatory filing. The Kolkata-based lender reported a 10.8 per cent increase in total deposits to Rs 3.06 lakh crore against Rs 2.76 lakh crore at the end of the second quarter of the previous financial year. The bank's total business rose by 13.2 per cent to Rs 5.37 lakh crore from Rs 4.74 lakh crore in the year-ago period. Current Account and Savings Account (CASA) of the bank stood at 38.1 per cent of the total deposits compared to 38.24 per cent at the end of the second quarter of the previous fiscal. Credit deposit ratio of the bank rose from 71.77 per cent to 75.56 per cent at the end of September 2025, it added.

RBI MPC presser highlights: Low inflation opens up space for monetary policy easing, says governor

RBI MPC Meeting October 2025 highlights: At its last meeting, held from August 4 to 6, the RBI's MPC left the repo rate unchanged at 5.5 per cent; catch all the LIVE updates here

Loan sanctions grow 86% to ₹33,148 cr in H1, disbursement up 54%: Ireda

State-owned IREDA has sanctioned loans worth Rs 33,148 crore in April-September FY26, up 86 per cent from Rs 17,860 crore in the same period a year ago. In a statement on Wednesday, the company said its loan disbursements have also recorded healthy growth of 54 per cent to Rs 15,043 crore, up from Rs 9,787 crore in H1 of FY 2024-25. The company's outstanding loan book stood at Rs 84,445 crore as on September 30, 2025, reflecting a 31 per cent increase over Rs 64,564 crore in the corresponding period of the previous financial year. The company's CMD Pradip Kumar Das said, IREDA looks to maintain the momentum, further scaling up support for clean energy projects in line with the nation's green energy goals. Under the Ministry of New & Renewable Energy (MNRE), the Indian Renewable Energy Development Agency (IREDA) functions as a state-owned Non-banking financial company (NBFC) with a focus on financing renewable energy projects across India.

Securitisation volumes to dip in Q2 as investors shun unsecured loans

Securitisation activity is likely to stay subdued in Q2FY26, with volumes at Rs 63,000 crore as investors turn cautious on unsecured and microfinance loan pools

PhonePe, DSP Finance launch loans against mutual funds up to Rs 2 crore

PhonePe has introduced a loans against mutual funds product with DSP Finance, offering secured credit lines up to Rs 2 crore with flexible repayment and portfolio continuity

China's top banks under strain from rising loan losses, shrinking margins

The lenders, led by Industrial & Commercial Bank of China Ltd., reported falling or weak earnings for the first half of 2025 as they continued to pump out new loans to China's struggling consumers

Adani Group units secure $275 million offshore loans from global banks

Investors have grown more confident lending the Adani Group as it seeks to raise funds across the spectrum of its businesses

Microfinance sector seeks up to $2.2 bn credit guarantee support from govt

The total loans outstanding for the sector were ₹3.5 trillion in June 2025, down 16.7 per cent from June 2024, the data showed

Hero FinCorp halts unsecured loans, aims 14% growth in FY26 disbursements

Hero FinCorp pauses unsecured lending over borrower over-leverage, shifts focus to secured loans, and targets 14% Y-o-Y growth in FY26 disbursements as part of balance sheet overhaul

AHFC loans to increase to ₹2.5 trillion by FY28-end: Icra report

Domestic rating agency Icra on Wednesday said affordable housing finance companies' (AHFC) assets under management are set to rise to Rs 2.5 lakh crore, from Rs 1.4 lakh crore, in the next three years. It said non-bank lenders' mortgage portfolio is set to touch Rs 20 lakh crore by March 2028, from Rs 13 lakh crore in March 2025. The retail mortgage loan growth will be driven by robust demand and the restricted availability of alternative credit options due to ongoing issues with unsecured lending, the agency's co-group head for financial sector ratings, A M Karthik, said. He added that the sector has traditionally demonstrated strong performance, marked by low loan losses and healthy business returns. The housing finance companies accounted for two-thirds of the overall mortgage loans, while affordable HFCs constituted 11 per cent of the overall assets under management (AUM). The agency said the AHFCs have a higher share of self-employed borrowers and loans against property in th

Planning to sell excess priority sector loans in Q2 FY26: MD Canara Bank

Canara Bank plans to offload excess priority sector loans in Q2 FY26 to reduce margin stress, with its priority sector lending currently exceeding regulatory norms

Poonawalla Fincorp aims AUM growth upwards of 40% in FY26, says CEO

Financial Services firm Poonawalla Fincorp is targeting above 40 per cent growth in its asset book on the back of expansion in products portfolio including gold loans. "We have given Asset Under Management growth guidance of 35-40 per cent this year. We hope to exceed our target as new product lines are gaining good traction," Poonawalla Fincorp MD and CEO Arvind Kapil told PTI. Poonawalla Fincorp registered a 53 per cent robust growth on annual basis in AUM at Rs 41,273 crore at the end of first quarter ended June 30, 2025. "We have close to 13 businesses and there are two noteworthy items that we have and we gave a declaration that we will be building AUM for the first four quarters and we will look at a guidance of sustained business profits thereafter which is a little different than how NBFC's have normally built," he said. The company's offerings include pre-owned car finance, personal loans, loans for professionals, business loans, loans against property, machinery loans, .

Pak govt secured $26.7 bn in loans in last financial year: Report

Pakistan secured a record USD 26.7 billion in foreign loans during the last fiscal year, according to a media report that said it indicates the country's deepening dependence on multilateral and bilateral creditors. Nearly half of these loans were in the form of rollovers of previously obtained loans, The Express Tribune newspaper reported. The USD 26.7 billion disbursed during the fiscal year 2024-25 was slightly higher than the preceding fiscal year, the report said citing data compiled by the Ministry of Economic Affairs, the State Bank of Pakistan (SBP) and the Ministry of Finance. Of the USD 26.7 billion in foreign loans, only USD 3.4 billion or nearly 13 per cent was received for project financing, details released by the Ministry of Economic Affairs on Tuesday revealed. Such low receipts for project financing underscore the difficulties in repaying the loans, as most foreign borrowings are used for budgetary support and to build foreign exchange reserves, neither of which ..

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