Private banks showed resilience in the face of difficult economic conditions, reporting a good set of numbers in the April-June…
New individual borrowers can expect interest rates to be lower on specific products with some banks expected to use the…
Within five years of the announcement of the government’s debt relief package for farmers, distress in the agricultural loan segment…
The promoters of Magma HDI General Insurance Company will infuse an initial paid-up equity capital of Rs 208 crore into…
The growth in the retail loan book of private banks remains robust even as lending rates remain high and overall…
A slowing economy is taking its toll on the corporate sector with a massive R19,000 crore worth of loans being…
The penetration of home loans has been declining over the last five years. While the mortgage to GDP ratio stood…
With the Reserve Bank of India tightening regulations for gold loan non-banking finance companies, loan growth at Muthoot Finance, according…
The State Bank of India (SBI) saw a decline in fresh non performing assets (NPAs) in the last quarter of…
Bankers say credit growth for current financial year may fall short of RBI?s projections.
India’s largest bank, State Bank of India, has assigned 600 bank branches to target micro, small and medium enterprise clusters…
The corporate debt restructuring cell in May received four new cases for recasting loans amounting to a little over R2,000…
Despite the number of credit cards issued by banks falling since the peak in 2007-08, there has been a sharp…
In growing evidence of banks? deteriorating asset quality, the number of corporate loans referred to the corporate debt restructuring cell…
The bulk of loan restructuring in the April-June quarter could, much like in the March 2012 quarter, be done in…
GAAR, tax on cross-border deals and cancelled telecom licences add to biz.
Indian Bank has restructured the Mumbai Metro loan account worth R108 crore in the March 2012 quarter.
Even as deposits of Indian banks are growing at just around 15-16%, a handful of new-generation banks that raised rates…
