Retail Loan

Retail loan origination slows down in FY25 amid multiple headwinds

Home loan originations slowed down to 2.7 per cent in FY25, compared to 9.9 per cent in the previous year due to higher property prices and macroeconomic challenges

Gold loan offtake stays strong amid retail loan moderation in January

Industrial credit depicts mild uptick; agri, services moderate

Bank of Maharashtra cuts interest rate by 25 basis points on retail loans

State-owned Bank of Maharashtra (BoM) has cut interest rate by 25 basis points on retail loans, including home and car loans in line with reduction in repo rate by RBI. After a gap of 5 years, RBI reduced the repo rate, the rate at which banks borrow from the central bank, by 25 basis points to 6.25 per cent on February 7. Following this, the benchmark rate for home loan has been reduced to 8.10 per cent, one of the lowest in the banking industry, BoM said in a statement on Sunday. At the same time, it said, car loan came down to 8.45 per cent per annum. Similarly, education and other loans linked with Repo Linked Lending Rate (RLLR) has also been reduced by 25 basis points. The bank has already waived processing fees on home and car loans, it said, adding, this dual benefit of reduced interest rates and waiver of processing fees reflects the bank's commitment to offer best financing solutions to all its customers and help them fulfil their dreams. Meanwhile, the Pune-based lende

RBI steps up scrutiny of retail lending, targets top-up home loans

The scrutiny marks a change for the central bank, which recently said India's credit expansion did not point to building systemic stress

TMS Ep569: Retail loan apps, Sam Altman, FPIs return, D2M technology

Will RBI retail lending caution give a fillip to loan apps? Ctrl+Altman: Do Indian founders need a reboot? How long before FPIs return to India? What is direct-to-mobile broadcasting?

TMS Ep569: Retail loan apps, Sam Altman, FPIs return, D2M technology

Will RBI retail lending caution give a fillip to loan apps? Ctrl+Altman: Do Indian founders need a reboot? How long before FPIs return to India? What is direct-to-mobile broadcasting?

BoB's festival offer: Home loans at 8.4%, 80-bps discount on personal loans

Offers 80 bps discount on personal loan

Retail loans given by NBFCs to grow 18-20% in FY24, says Icra report

Digitalisation and cross-selling shaping high growth in unsecured loans, it says

Pace of retail loan growth double of total advances, says RBI report

Share of SMA loans relatively high at 7.4%: FSR

Retail loan securitisation sees a jump of 56% to Rs 1.76 trillion in FY23

Retail loan securitisations jumped a robust 56 per cent to Rs 1.76 lakh crore in the just concluded fiscal 2023, while that of wholesale rose to around Rs 6,600 crore, coming out of the pandemic blues finally, says a report. The secondary market for standard retail assets has seen a robust growth of 56 per cent in FY23, reflecting the resilient retail asset pools in the secondary market as well as the preference of banks to grow their retail assets to meet priority sector lending requirements, according to a Care Ratings analysis. Such robust growth was possible as bank lending to NBFCs grew 32 per cent and there is a positive correlation between interest rate and relative premium for PSL assets. Both these factors augur well for securitisation market, the agency said. "We expect the market to continue to grow but at a moderate pace in FY24," senior directors Sanjay Agarwal and Vineet Jain said in a note. The total volume, including direct assignment transactions, rose to Rs 176,00

Piramal Capital aims to increase retail loan book to more than Rs 1 trn

Piramal Capital & Housing Finance expects to grow its retail loan book to more than Rs 1 lakh crore over the next three years from around Rs 25,000 crore now

Why is demand for private credit on the rise?

The festival month saw 18.3% growth in non-food credit offtake. Retail loans -- driven by robust housing and vehicle loans demand -- saw a 20% jump. What explains this surge in personal loans?

Gains ahead for SBI: Higher NIM could lead to double digit earnings growth

A recovering economy may lead to higher credit demand from corporates, despite rising rates and there are signs that retail consumption is picking up

Education loan redesign may overcome banks' reluctance to disburse more

Of the Rs 35 trillion of retaill loans deployed by banks, just Rs 84,375 crore or 2.4 per cent went towards education loans

We are on the path of recovery, says Bank of Baroda CEO Sanjiv Chadha

Broadly the trend we have seen is that retail is growing faster than corporate loans, said Chadha

Auto-debit bounces dip in July as financial stress eases for borrowers

According to the NACH data, of the 86.4-million transactions initiated in July, 33.23 per cent, or 28.7 million transactions, failed, while 57.7 million were successful.

Retail loan growth will continue to remain far from encouraging for banks

Retail loan growth at 9.1 per cent for February 12 fortnight is the weakest so far; Nifty Bank index is up 60 per cent in six months

The devil in retail: Stress seen in credit cards, auto, and home loans

Banks had grown their retail books in a big way in recent times given the lacklustre demand for corporate credit

At multi-quarter low, HDFC Bank's retail loan growth may face more pain

While headline numbers met estimates, quality of loan growth and asset quality didn't. This explains the 1.8% dip in its stock price on Monday

Retail loan book of banks, NBFCs will double to Rs 96 trn in 5 yrs: Report

Loans to MSMEs are also likely to double to Rs 13.2 trillion from Rs 6.6 trillion in FY19