Page 4 - Loans

RBI partly dials back strict loan rules for micro credit, non-bank lenders

The reversal of rules follows the central bank's decision to defer proposals to increase the capital that banks set aside for new project loans and liquidity they hold for digital deposits

RBI draft norms on foreclosure charges to hit lenders' profits: Analysts

The hit on non-banking financial companies (NBFCs) would be larger compared to banks, they said

Reserve Bank of India for foreclosure of biz loans to MSEs, individuals

The RBI has invited comments and feedback from stakeholders and the public on the draft circular by March 21

ED arrests key players in Rs 719 crore fake Chinese loan app scam

ED officials reported that the arrested individuals received substantial remuneration-Rs 2 crore and Rs 70 lakh, respectively-for their involvement in creating these illicit accounts

Green loan expansion can boost loan portfolios of Indian banks: IIM study

The IIM Lucknow study seeks to address this gap by designing a framework to identify non-carbon-intensive sectors and assess their impact on loan portfolio quality

ARCs acquire Rs 1.14 trillion worth of dues in April-December 2024

Recoveries to touch Rs 38,000 crore

SFBs' Q3 profits erode due to interest cost pressures, uptick in slippages

Bad loans grow sequentially and annually

Small can be beautiful: MSME sector gears up for transformational changes

The MSME sector may be on the cusp of a big change if it seizes on the opportunities in financing and protection in getting dues

MCG scheme for MSMEs to boost investment, manufacturing, exports: Exporters

The launch of a new credit guarantee scheme for the MSME sector covering loans up to Rs 100 crore will help attract more investments, promote manufacturing and boost the country's exports, exporters say. They said that the exporting community's lack of adequate financing for capital investments has long been a challenge for MSMEs, restricting their ability to scale and compete in global markets. On January 29, the government launched the Mutual Credit Guarantee Scheme for MSMEs (MCGS- MSME) with an aim to provide 60 per cent guarantee coverage by National Credit Guarantee Trustee Company Ltd (NCGTC) to Member Lending Institutions (MLIs) for credit facility of up to Rs 100 crore sanctioned to eligible MSMEs for purchase of equipment/machinery, the finance ministry said in a statement. For availing the scheme, the MSMEs should fulfil certain conditions which include that the borrower should be an MSME with valid Udyam Registration Number, loan amount guaranteed shall not exceed Rs 100

CBDC could be used for collection of micro-loans, says RBI official

India is among 36 countries where the CBDC is currently in the pilot stage

Budget 2025-26: MSME ministry pitches for higher Mudra loan limits

In the proposal sent to the finance ministry, the MSME ministry has suggested raising the Shishu category limit to Rs 5 lakh and the Kishore category to Rs 10 lakh

Indian companies raised Rs 3.64 trn through ECB route in 2024

It is the is the highest amount raised in the last five years through that route

Banks seek SC clarity on loans against uncertified ancestral properties

Banks' move comes in response to a recent Supreme Court ruling that mandates financial institutions to only sanction loans against properties if the borrowers present valid certificates

India's credit market reflects K-shaped pattern, says Nomura report

Share of consumption loans is increasing, while share of asset-creating loans is falling

Personal loan EMI calculator is equal to smart borrowing decisions

The digital tool aids in budgeting, and provides flexibility by allowing users to experiment with different loan tenures

Loan moratorium: Understand benefit, impact, smart borrowing tips

It helps borrowers facing financial crisis but may result in accumulated interest on loan

Fintech disbursements rise 21.3% in H1FY25, disbursal value grows 40%

Disbursals were also higher by 9.5 per cent from 51.5 million in H2FY24, according to data by the first self-regulatory organisation in fintechs

Piramal Capital & Housing Finance to sell Rs 550 cr of NPLs through auction

Of the Rs 550 crore of bad loans put up for sale by PCHFL, Rs 314 crore are unsecured loans, and Rs 236 crore are secured loans

SBI seeks counter bids to sell Rs 52k cr of consortium's loans in JAL

NARCL's anchor bid has triggered a Swiss challenge auction

JK Tyre to get 30 million euros long term loan from German entity

The company will invest the funds in a sustainable expansion of production capacities at its Madhya Pradesh-based passenger car radial tyre facility, the tyre maker said in a statement