Page 22 - Loans

NBFCs' loan sanctions up 5% YoY in Q3FY22: Data

Consumer credit drives action; commercial segment shows modest growth, according to FIDC-CRIF data

States were becoming increasingly autonomous on funding pre-pandemic

Some were even on the verge of reducing central liability to zero

CSC Grameen eStore, Adani Capital join hands to extend biz loans to VLEs

Government-promoted CSC SPV subsidiary CSC Grameen eStore and Adani Capital have joined hands for extending business loans to Village Level Entrepreneurs for purchasing products

Asian Development Bank lends record $ 4.6-bn loans to India in 2021

The Asian Development Bank (ADB) on Sunday said it provided a record USD 4.6 billion loans to India in 2021, including USD 1.8 billion towards coronavirus response

Home First eyes 30% jump in loan sales at Rs 5,600 crore in FY22

Affordable housing-focused Home First Finance is bullish on the market and is on course to disburse 30 per cent more loans over the last fiscal to close this year

Kapil Capital & Finflux Are Revolutionizing Working Capital Loans in India : Here's How

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China caps weekly policy easing blitz with fresh rate cuts

The People's Bank of China (PBoC) said it had trimmed rates on its standing lending facility (SLF) loans by 10 basis points (bps) effective Jan. 17

Credit growth up 9.2% in Dec 2021 on strong growth in last fortnight of qtr

Banks lent Rs 3.7 trillion in 15 days to December 31, 2021 and outstanding commercial bank credit stood at Rs 116.83 trillion, RBI data showed

Fintech startup Rupeek gives out $1 billion in gold-backed loans

Consumers in India -- where gold is considered both a status symbol and a popular investment -- hold about $1.5 trillion of the precious metal, mostly in jewelry, according to the World Gold Council

Paytm records over four-fold jump in loan disbursals in Oct-Dec 2021

Paytm disbursed 44 lakh loans worth Rs 2,180 crore during the quarter

Hinduja Global Solutions shares tank 20% on likely promoter loan

On Friday, the stock fell to Rs 2,855 a share, dragging its market valuation to Rs 5,967 crore.

ECLGS stopped 14% of loans from slipping into NPA, says SBI report

The scheme has saved around 15 million jobs and stopped 14 per cent of outstanding MSME loans from turning into non-performing assets (NPAs)

Budget 2022-23: Worst-hit sectors may get credit guarantee breather

Budget may extend ECLGS, loan guarantee schemes for MSMEs, hospitality, tourism

Spike in Covid cases may impact banking system's restructured book: Icra

Demand for recast may also go up for loans previously restructured; RBI warns of drop in bank's asset quality but reassures that they are strong enough to withstand huge shocks

Retail, MSME credit shows steady growth in November: RBI report

Reserve Bank of India in a statement said that retail loans continued to expand at a double digit rate

TMS Ep72: Ed-tech, FICCI's Sanjiv Mehta, markets in 2021, loans

Govt advisory on ed-tech firms - a moment of reckoning? What is Sanjiv Mehta's take on economic recovery? What shaped the markets this year? What are the different types of loans? All answers here

Govt signs 140 mn euro loan agreement with KfW for energy sector reforms

The project will contribute to a more stable, secure and climate and environmentally friendly energy supply in India

Punjab govt to release Rs 1,200 crore under debt waiver scheme for farmers

The latest tranche of funds is expected to benefit about 1.09 lakh small and marginal farmers

What is Securitisation?

RBI changed the norms for securitisation of assets this year. The holding period before an asset is securitised was reduced from 12 months to 6 months. But what is securitisation? Here's an explainer

IFSCA sets up panel for creating framework for transfer of stressed loan

The International Financial Services Centres Authority on Friday sets up a committee for creating a framework for transfer of stressed loans from domestic lenders to financial institutions in IFSC.