Loans

When bad loans put top banks to test

India’s banking sector, long noted for its resilience, is grappling with a troubling trend: a rise in loan defaults among retail borrowers.

13 November 2024, 23:12 IST

When bad loans put top banks to test

13 November 2024, 23:12 IST

Banks' microfinance loan stress to persist after new, informal regulation, bankers say

The default rates in microfinance loans -- collateral-free loans to those with annual income of up to Rs 3 lakh -- had already jumped, as evidenced in the July-September results of IndusInd Bank, Kotak Mahindra Bank, RBL Bank and Bandhan Bank.

08 November 2024, 08:31 IST

Banks' microfinance loan stress to persist after new, informal regulation, bankers say

08 November 2024, 08:31 IST

Transparency - a tool for MSMEs to net those elusive business loans

Recent reports reveal that the total credit demand for MSMEs stands at ₹68.2 lakh crore, while the existing financial ecosystem addresses only ₹24.06 lakh crore of this demand, leaving a considerable shortfall of nearly ₹45 lakh crore.

28 October 2024, 02:42 IST

Transparency - a tool for MSMEs to net those elusive business loans

28 October 2024, 02:42 IST

HDFC Bank to close Rs 9000 cr loan sale this month, sources say

HDFC Bank merged with parent Housing Development Finance Corp in July 2023, adding a large pool of mortgage loans to the bank's portfolio but a much smaller amount of deposits. This has put it under pressure to increase the pace at which it raises deposits or to slow loan growth.

19 September 2024, 10:47 IST

HDFC Bank to close Rs 9000 cr loan sale this month, sources say

19 September 2024, 10:47 IST

HDFC in talks with global banks to offload $1 billion in loans

Discussions are ongoing with banks including Barclays Plc, Citigroup Inc and JPMorgan Chase & Co, said the people, who asked not to be identified as the information is private. ICICI Bank Ltd is also involved in the talks

12 September 2024, 08:45 IST

HDFC in talks with global banks to offload $1 billion in loans

12 September 2024, 08:45 IST

Mizoram to launch interest-free-loan scheme: CM Lalduhoma

Addressing the people on the occasion of the 78th Independence Day, Lalduhoma said that his government was firm on its goal of providing inclusive governance and development, of more accountability and transparency in government processes and a people centric administration with improved delivery of public services.

15 August 2024, 09:19 IST

Mizoram to launch interest-free-loan scheme: CM Lalduhoma

15 August 2024, 09:19 IST

Surge in top-up housing loans not system-wide issue, says RBI Governor Shaktikanta Das

Banks and NBFCs have also been offering top-ups on other collateralised loans like gold loans.

08 August 2024, 09:09 IST

Surge in top-up housing loans not system-wide issue, says RBI Governor Shaktikanta Das

08 August 2024, 09:09 IST

Banks write off loans worth Rs 9.90 lakh cr in last 5 financial years

During 2023-24, banks loan write off was at Rs 1.70 lakh crore, as against Rs 2.08 lakh crore in the previous fiscal, Minister of State for Finance Pankaj Chaudhary said in a written reply in the Rajya Sabha.

06 August 2024, 14:16 IST

Banks write off loans worth Rs 9.90 lakh cr in last 5 financial years

06 August 2024, 14:16 IST

Banks wrote-off over 1 lakh crore MSE loans from FY19-FY24: Govt

This includes Rs 43,789 crore in loans for MSEs in industries and manufacturing, and Rs 64,819 crore in services MSE loans.

30 July 2024, 22:23 IST

Banks wrote-off over 1 lakh crore MSE loans from FY19-FY24: Govt

30 July 2024, 22:23 IST

RBI revises norms, tells banks to hear borrowers before taking any action

The central bank said the three revised master directions on fraud risk management are principle-based and strengthen the role of the board in overall governance and oversight of fraud risk management.

15 July 2024, 15:27 IST

RBI revises norms, tells banks to hear borrowers before taking any action

15 July 2024, 15:27 IST