loan

Canara Bank declares loan account of RCom as ‘fraud’ for misuse

The company, in the midst of an insolvency process, received a letter from the bank dated November 5, which classified the loan account of Rcom, Reliance Infratel Ltd and Reliance Telecom Ltd (RTL) as a 'fraud account'.

4 hours ago

Canara Bank declares loan account of RCom as ‘fraud’ for misuse

4 hours ago

Small-loan defaults may throw risk into India’s broader economy

Personal-loan growth is moderating as the central bank last year clamped down on risky lending practices following a post-pandemic surge in credit. The impact is trickling into the market and company earnings, signaling more pain ahead for the world’s fastest-growing major economy.

05 November 2024, 03:54 IST

Small-loan defaults may throw risk into India’s broader economy

05 November 2024, 03:54 IST

Fitch Ratings affirm IIFL Finance's rating after RBI lifts ban on gold-loan business

The RBI in September, had lifted regulatory restrictions it had imposed in March on IIFL Finance's gold-backed lending business.

04 November 2024, 10:53 IST

Fitch Ratings affirm IIFL Finance's rating after RBI lifts ban on gold-loan business

04 November 2024, 10:53 IST

Govt doubles loan limit under Mudra Yojana to Rs 20 lakh

This increase aspires to further the overall objective of the Mudra Scheme which is funding the unfunded, the finance ministry said in a statement on Friday.

25 October 2024, 09:32 IST

Govt doubles loan limit under Mudra Yojana to Rs 20 lakh

25 October 2024, 09:32 IST

RBI move to slow down gold loan growth, lead to uptick in delinquencies: Crisil

'Potentially, this could impact gold loan disbursements during the transition phase and curb growth in the business,' the note by Crisil said.

22 October 2024, 16:39 IST

RBI move to slow down gold loan growth, lead to uptick in delinquencies: Crisil

22 October 2024, 16:39 IST

RBI restricts four NBFCs from giving loans

The directions will be effective from close of business of October 21.

18 October 2024, 02:39 IST

RBI restricts four NBFCs from giving loans

18 October 2024, 02:39 IST

Consumption loan portfolio expands 15% to Rs 90 lakh cr in FY'24: Report

The fourth edition of CRIF High Mark report noted a slowdown from the 17.4 per cent growth recorded in March 2023, largely due to a deceleration in the home loans segment, which accounts for 40.1 per cent of the overall consumption loan portfolio by value.

11 September 2024, 11:32 IST

Consumption loan portfolio expands 15% to Rs 90 lakh cr in FY'24: Report

11 September 2024, 11:32 IST

Portion of actor Rajpal Yadav's Shahjahanpur property sealed by bank

Manish Verma, manager of the Shahjahanpur branch of Central Bank of India, said the actor had taken a loan from the Mumbai branch of the bank by mortgaging his property in his native district.

14 August 2024, 10:24 IST

Portion of actor Rajpal Yadav's Shahjahanpur property sealed by bank

14 August 2024, 10:24 IST

Wayanad landslides: Kerala Bank writes off dues of victims with loan obligations worth Rs 30 crore

Banking sector sources said that many of the houses that were mortgaged for availing loans could have been totally destroyed in the landslide and many pieces of land mortgaged for purposes like availing agriculture loans could have become unsuitable for cultivation.

12 August 2024, 12:40 IST

Wayanad landslides: Kerala Bank writes off dues of victims with loan obligations worth Rs 30 crore

12 August 2024, 12:40 IST

UP man stages kidnapping, seeks Rs 60 lakh ransom from family to repay loan

According to police, Arjun Kumar (35), a flower trader from Basehiya village, reached Colonelganj market on Wednesday evening but did not return home.

27 July 2024, 14:12 IST

UP man stages kidnapping, seeks Rs 60 lakh ransom from family to repay loan

27 July 2024, 14:12 IST