This return will be benchmarked against the 10-year government security.
The ticket size for consumer durable loans are typically lower than other types of personal loans like home loans and…
Private sector banking behemoth HDFC Bank will kick-off the results season on January 14.
These statements, coupled with the company’s strong July-September numbers, calmed nerves as far as investors are concerned.
The bank will leverage Microsoft’s Azure stack to create the app which will offer customers – a host of services…
According to the central bank’s norms on domestically systematically important banks, SBI has additional common equity tier-I requirement of 0.60%.…
Loans to industry rose 13.1% to nearly Rs 33 trillion as on November 18, the data showed.
In the December monetary policy, the RBI hiked the repo rate by 35 bps to 6.25%.
Among specific categories, share of loans to the services sector and personal loans inched higher within the overall pie.
In September, the central bank released the guidelines with an aim to paint a bright-line as far as the activities…
As far as borrowers are concerned, the interest rate on loans against deposits are typically 3-5% lower than that on…
“The difference between a no-cost EMI on a card and BNPL is that a BNPL will, say, pay it three…
In 2021-22, banks outdid NBFCs in terms of loans to industry, a segment that has traditionally been an NBFC stronghold.…
The credit underwriting and transactions in a co-branded arrangement are managed by the bank. On the other hand, the co-branded…
In September 2020, the RBI increased the threshold for education loan under priority sector lending to Rs 20 lakh from…
Since adequate loan loss reserves have already been created by MFIs, write-offs would not affect the sustainability of the institutions,…
Last week, the RBI had asked Razorpay to pause on-boarding new customers for its payment processing business. The central bank…
KreditBee launched working capital loans for SMEs earlier this month. The ticket size of the unsecured loans in this category…
