Wednesday, May 25, 2022 | Last Update : 07:44 PM IST

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Banking sector stares at additional Rs 40,000 crore NPAs

Total outstanding loan of these accounts at the end of June 2017 were about Rs 42,000 crore.

22 Oct 2017 12:32 PM

InterGlobe to seek shareholders' nod for giving loans

Company would seek nod for extending travel benefits to the non-executive independent directors.

14 Oct 2017 12:16 PM

9 crore people given loans of Rs 4 lakh cr under Mudra scheme

Under the scheme 80 per cent are women and 55 per cent from OBC, SC and ST categories.

13 Oct 2017 5:57 PM

SBI's SME Assist to provide short-term loans to MSME clients

The SME customers of the bank can avail loan under the facility till March 31, 2018.

12 Oct 2017 1:02 PM

RCap arm to get Rs 300 cr loan from IREDA for green projects

Government has targeted to raise its renewable energy capacity to 175 GW by 2022 from 45 GW at present.

09 Oct 2017 2:22 PM

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Kingfisher probe: Officials, directors under lens for violations

Company's balance sheet was never strong and its credit rating was lower than what was required for sanctioning loans.

08 Oct 2017 5:49 PM

Air India ties up with PNB, IndusInd for Rs 3,250 crore loan

CCEA had given in-principle approval for strategic disinvestment of Air India and five of its subsidiaries.

27 Sep 2017 5:52 PM

IndusInd Bank secures $200 mn loan from ADB for microlending

As per the loan agreement, about 95 per cent of the ADB funding is to go towards credit to women borrowers.

15 Sep 2017 2:24 PM

PNB Housing Finance to raise up to Rs 1,000 cr via bonds

Stock of PNB Housing Finance closed 1.98 per cent down at Rs 1,593.50 apiece on BSE.

05 Sep 2017 9:36 AM

PSU banks take recovery action against 5,954 wilful defaulters

Total outstanding loans due to public sector banks by wilful defaulters amounted to Rs 92,376 crore.

27 Aug 2017 1:15 PM

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Mergers of small banks may hurt MSME sector: report

Disadvantages of big banks are that services are less personable and local people abstain from reaching out to them.

05 Aug 2017 5:10 PM

Xiaomi gains new $1 billion loan to drive retail push, expansion overseas

Xiaomi signed a deal for a new $1 billion loan to accelerate its drive into brick-and-mortar stores and help a push overseas.

28 Jul 2017 2:02 PM

DBS eyes SGD 500 million SME loans in 2018 through Tally tie-up

Mittal said the bank is targeting the sub-Rs 100 crore revenue companies under the tie-up initially.

27 Jul 2017 9:48 AM

NCLT reserves order on SBI’s bankruptcy plea against Bhushan Steel

SBI is claiming to recover Rs 4,295 cr from Bhushan steel along with USD 490 million foreign currency loan.

19 Jul 2017 2:06 PM

Gujarat HC junks Essar Steel plea against RBI's order

Essar Steel was among 12 accounts that were identified for insolvency proceedings.

17 Jul 2017 5:35 PM

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First test of India's new bankruptcy law offers cautionary tale

World Bank estimated it took 4.3 years on average in India to resolve insolvency under the old laws.

11 Jul 2017 10:41 AM

Gold Bond subscription opens Monday at Rs 2,780 per gm

Indexation benefits will be provided to long-term capital gains arising to any person on transfer of bond.

08 Jul 2017 12:56 PM

RBI mulls public credit registry to improve credit culture

Reporting of loan details to the PCR by lenders and/or borrowers is mandated by law.

07 Jul 2017 6:12 PM

GDP growth not as encouraging as it seems: Bajaj

Baja Auto's exports fell by over 19 per cent to Rs 7,880 crore while in US dollar terms they shrank by 23 per cent.

04 Jul 2017 1:48 PM

Non-food credit inches up 4.5 per cent in April

Loans to agriculture and allied activities rose by 7.4 per cent in April 2017, lower than the 15.3 per cent growth in April 2016.

02 Jul 2017 11:07 AM

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