Page 10 of loans

Sundaram Home Finance lines up aggressive expansion in small business loans vertical

The wholly-owned subsidiary of non-banking finance company Sundaram Finance also planned to hire over 100 people under the small business…

Updated: April 3, 2023 15:24 IST

Data Drive: Microfinance write-offs rise

The microfinance segment of financial services in the country reported a noticeable rise in write-off of microfinance loans in the…

April 3, 2023 04:30 IST

Your queries: Changing lender? Opt for repo rate linked loan

The spread is decided by the bank/FI looking at the net interest margin, market interest rate levels, rates offered by…

April 3, 2023 03:00 IST

Technology helping prevent bad loans, collecting repayments of consumer credit for banks, non-bank lenders

India’s consumer credit culture is rapidly changing. Digital lending, worth $270 billion last year, will zoom to $1.3 trillion by…

March 28, 2023 14:29 IST

Pakistan economy, IMF, fund, disbursement, interest rate, IMF deal, credit score, investors, business policies

Cash-strapped Pakistan seeks US help to secure ‘lenient treatment’ from IMF for USD 1.1 billion funding

After failing to convince the global lender, Islamabad is left with no option but to seek help from Washington and…

March 14, 2023 11:29 IST

BORROWINGS: Know the various types of short-term loans available

In order to meet immediate financial needs, individuals often take short-term loans such as a personal loan, loan on credit…

March 13, 2023 02:15 IST

MSME, innovation, cash credit, interest rate, lender, GST registration, collateral free bank credit, competition, Income tax, finance bill, union budget 2023, tax outflow, government

Guarding and strengthening the micro and small enterprises

To vitalize and guard MSMEs, extended support is given in the form of entitlement to cash credit facility with lower…

March 11, 2023 10:50 IST

Adani Group, Gautam Adani, loans, international investors, Hindenburg, company stocks, payments, investment

Adani tells investors all share-backed loans have been paid back

Gautam Adani and his family have prepaid all borrowings backed by Adani Group company shares, senior executives told investors at…

March 10, 2023 15:06 IST

ESG, State Bank of India, SBI, funding, ESG loan, ESG financing market, social loan, greenshoe option, RBI, green financing, lending models

SBI’s $1 billion ESG loan completed: Largest ever social syndicated loan by an Asia Pacific commercial bank

SBI has raised this $1 billion fund from global banks. The loan is significant for SBI and also the ESG…

February 28, 2023 15:39 IST

Your queries: Loans – You can get a loan to buy a pre-owned car

A better CIBIL score translates to better bargaining power for you.

February 27, 2023 01:15 IST

Turkey economy, Turkey earthquake, reconstruction bill, economic growth, GDP, supply chain, falling currency, runaway inflation, growth rebound, Lira, production costs, inflation rate, energy prices

Turkey’s economy was already in shambles when earthquake rattled it further; recovery not likely before 2024

Before the earthquake, Turkey was already reeling from a falling currency and runaway inflation that had reached an annual rate…

February 21, 2023 16:19 IST

Bank of Baroda, lender, Adani Group, Hindenburg report, underwriting standards, market volatility, Gautam Adani, exposure, Dharavi redevelopment project, loan

Bank of Baroda to weigh all loan asks, including Adani Group, on merit

Bank of Baroda’s exposure to Adani Group is about a quarter of what is permitted under the central bank’s framework,…

February 20, 2023 16:05 IST

Banned loan apps in India 2023: PayMe not on the list, says company

Banned loan apps in India 2023: The Ministry of Electronics and Information Technology (MeitY) has reportedly blocked around 138 betting…

February 7, 2023 16:04 IST

Adani group, Gautam Adani, loan, loan against shares, corporate fraud, Hindenburg report, loan, capital spending, Adani Ports, Adani Green, Adani Transmission

Adani’s bold move: Prepays $1.1 billion loans backed by shares ahead of time, releases pledges across group cos

Adani Group made a bold move to prepay loans backed by pledged shares across group companies Adani Green, Adani Transmission,…

February 6, 2023 14:55 IST

Highest ever net profit for SBI: Q3 net jumps 68% to Rs 14,205 cr, beats street amid Adani-Hindeburg overhang

State Bank of India (SBI) beats estimates as it reported NII at Rs 38,068.8 crore and net profit of Rs…

February 3, 2023 15:51 IST

Adani, SBI, loan, Adani Group, Gautam Adani, banking regulator, RBI, scrutiny, Hindenburg report, corporate fraud, IDFC First Bank

SBI has given $2.6 billion loans to Adani companies

SBI’s exposure includes $200 million from its overseas units, a person said, asking not to be identified discussing private information.…

February 2, 2023 15:02 IST

Property Financing: Five reasons why banks may reject your home loan application

The approval of your home loan application depends on multiple factors, and it may get rejected even when you have…

January 20, 2023 00:05 IST

Borrowers can save 20-25% on EMI obligations with FREED’s Debt Consolidation Program: CEO

Debt Consolidation Program (DCP) launched by FREED has been specifically created for consumers who are over-leveraged with debt.

January 12, 2023 12:01 IST

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KVB Q2 net profit up 21% to ₹574 crore

Business35 min ago

Karur Vysya Bank reported a 21% increase in net profit for the second quarter, with total business reaching a milestone of ₹2,00,000 crore. The bank’s total business grew by 15% year-on-year, with advances and deposits also seeing a 15% increase. The bank’s asset quality improved, with Gross NPAs decreasing to 0.76% and Net NPAs decreasing to 0.19%.

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