RBI’s task force also recommended easing rules around the securitisation of loan assets.
04 Sep 2019 9:54 AM
As per the report, the average ticket size of microfinance lending by banks is Rs 42,249, SFBs Rs 32,946 and NBFC-MFIs Rs 27,329.
27 Aug 2019 5:01 PM
The total loan applications across categories in all the six cities rose to 15 per cent, from 9 per cent.
10 Aug 2019 12:18 PM
SBI has also cut the credit period for dealers to 60 days from 90 days.
30 Jul 2019 8:49 AM
Approval will also unlock an additional USD 38 billion from Pakistan’s international partners over the programme period.
04 Jul 2019 10:32 AM
The ADB financing would come on top of the IMF loan, with most of the funds to be disbursed in the current fiscal year.
16 Jun 2019 9:41 AM
The new announcement means the government has to release about Rs 4,617 crore at one time to complete the process in commercial banks.
13 Jun 2019 1:53 PM
Muthoot Finance will give unsecured loans of Rs 1-10 lakh at an interest rate of 13.5-23 per cent to salaried class only.
21 May 2019 6:13 PM
The new one-year marginal cost of funds-based lending rate is down to 8.50 per cent now from 8.55 per cent earlier.
10 Apr 2019 8:38 AM
Raghuram Rajan said loan waivers cover only those farmers who have taken loans from the formal system.
27 Mar 2019 9:11 AM
Jet Airways is saddled with more than a billion dollars in debt and its shares jumped 4.8 per cent.
12 Mar 2019 9:22 AM
credit scores indicate an individual’s financial health and their ability to pay off loans and other acquired debt.
28 Feb 2019 11:53 AM
Combined microcredit portfolio of all lenders as on December 31, 2018, was Rs 1,57,497 crore.
22 Feb 2019 10:38 AM
The assessing officer made the addition after issuing proper show-cause notice and obtaining reply in the matter.
09 Feb 2019 11:35 AM
The loan is extended at an interest rate linked to three-month marginal cost of funds-based lending rate (MCLR) of the bank.
05 Feb 2019 5:21 PM
Government has fixed MSP for 22 notified crops at 50 per cent higher than cost of production.
01 Feb 2019 12:50 PM
The Interest Subvention Scheme (ISS) for short-term crop loans would be a bonanza for farmers
22 Jan 2019 10:14 AM
The total loan was expected to have been disbursed with a seventh tranche by mid-2019.
10 Jan 2019 11:39 AM
Inspection of the books of six companies, including NuPower Renewables, was ordered on April 23.
28 Dec 2018 10:33 AM
The poll-bound government has also been pitching for easing the prompt corrective action norms.
15 Dec 2018 2:36 PM