Page 3 - Retail Loans

Retail and SME loans set for litmus test in 2021 as stress levels may rise

Little leeway on pricing and asset quality at a tricky level could places both segments in a tight spot

Demand for retail loans expected to continue upward journey: Experts

Large non-banking financial companies (NBFCs) and a few private banks - that have disclosed December quarter trends of advances - are showing signs of improved credit demand

Retail lending by banks shrinks sequentially in November, up 10% YoY

Within this space, vehicle loans continued to perform well, growing at an accelerated 10% this November, compared to 4.7% a year ago, RBI said in statement

HDFC's green housing retail loans cross Rs 14,000 cr across 310 buildings

The largest pureplay mortgage player HDFC, which on Wednesday signed a pact with the Indian Green Building Council (IGBC), said its green housing retail loan book has crossed the Rs 14,000-crore-mark across 310 certified green buildings. The mortgage lender further said as much as 75 per cent of its lease rental discounting portfolio has green ratings. As of December 23, 2020, we have disbursed over 14,000 crore of retails loans to home buyers in 310 certified green building projects, HDFC told a webinar announcing the tie-up with the IGBC to promote green housing and create awareness about and promote financing of green buildings. Addressing the gathering, Amrit Abhijat, the joint secretary in the Union housing & urban development ministry, expressed confidence that the initiative, along with specifically designed lending policies, will go a long way in promoting green housing. S K Hota, managing director of NHB, underlined the need for promoting and popularising green housing ...

Yes Bank aims to disburse Rs 10,000 cr retail, MSME loans in Dec quarter

Yes Bank also aims to open up to 1 lakh fresh accounts every month by leveraging technology

HDFC reduces its retail prime lending rate on housing loans by 0.10%

The change will benefit all existing HDFC retail home loan customers

HDFC Bank, Bajaj Fin and SBI Cards Q2 nos show rankling retail loan stress

Analysts at Credit Suisse expect retail loan delinquencies at 5-10 per cent for private banks and 9 - 12 per cent for NBFCs

Next set of asset quality woes for lenders to come from MSME segment

Gross NPAs at 12.8 per cent in June are up 140 bps year-on-year, marking the sharpest surge across asset pools

SBI launches e-facility to check eligibility for retail loans restructuring

Reserve Bank of India had announced a one-time restructuring scheme for personal loan and corporate borrowers affected by Covid-19 stress

Retail customers yet to approach us in big numbers for loan recast: SBI MD

SBI has launched a portal for retail customers to check eligibility for personal loan restructuring

RBI's loan restructuring scheme: Here's how it benefits you

The debt restructuring process involves a reduction of the interest rates on loans or an extension of its repayment tenure, or both

Investors should go beyond banks' headline numbers, dig deeper after recast

While corporate loans shall be restructured, retail and SME loans are at lenders' discretion

Monthly collections from securitised retail loans up to 50% in June: Crisil

Collection ratio for loans in microfinance, commercial vehicle and mortgage space had fallen to near-zero in many pools in April 2020

Indian Bank cuts 1-year MCLR by 5 bps to 7.3%; effective from September 3

Most of the consumer loans such as personal, auto and home were priced on the basis of the one-year MCLR prior to the introduction of repo-linked lending rate

Retail credit up by Rs 40,853 cr in July over June, MSME loans up slightly

RBI said on YoY basis, non-food bank credit grew 6.7 per cent in July 2020, the same as June 2020, but lower than the growth of 11.4 per cent in July 2019

Are you in financial trouble? Ask your bank to restructure your loan asap

Take your repayment capability and the extra interest cost involved when choosing a restructuring option

State Bank of India targets 3x growth in retail, MSME gold loans

Cheap deposit money, which helps offer low lending rates, gives banks the edge over gold loan companies

RBI's one-time restructuring scheme may be limited to Covid-hit sectors

Firms from the aviation, hospitality, and retail sectors are expected to be allowed to avail of the new scheme

RBI's moratorium helps public sector banks post lower NPAs in Q4

On aggregate basis, gross NPAs of 8 PSBs improve by 132 bps

Mortgage norms: Tightened or relaxed?

From 50 per cent, a home finance firm's exposure to retail loans will go down to 37.5 per cent. Instead of a floor for retail loans, should the RBI look for a ceiling for wholesale loans?