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The SBI has announced the launch of its UK subsidiary, SBI (UK) Limited, with an initial capital commitment of 225 million pounds from its parent entity.

SBI tightens lending terms for auto dealer: source

SBI has also cut the credit period for dealers to 60 days from 90 days.

30 July 2019 8:49 AM IST

As per new IMF projections, Indias growth in 2016 is now estimated to be 6.6 per cent as against 7.6 per cent earlier. (Photo: AFP)

IMF board approves USD 6 billion loan package for Pakistan

Approval will also unlock an additional USD 38 billion from Pakistan's international partners over the programme period.

4 July 2019 10:32 AM IST

Finance ministry said that the domestic investment of the private sector continued to be affected by the growing contamination of loans advanced in the past, which have now become unsustainable.

Microfinance industry set to cross Rs 1 lakh cr loan portfolio: Report

As per the report, the average ticket size of microfinance lending by banks is Rs 42,249, SFBs Rs 32,946 and NBFC-MFIs...

27 Aug 2019 5:01 PM IST

Later, he realised he had intruded into a marriage ceremony and silently left the place.

India's youth borrowing big to get married

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 IST

The story of Indias agricultural takeoff began as the nation was forced to import a record 20 million tonnes of grain in 1964-66. (Photo: DC/Representational Image)

RBI panel pitches for federal body like GST Council in farm sector

The GST Council consists of the finance ministers of Centre and all the states, decides on tax rates.

14 Sept 2019 10:42 AM IST

Reserve Bank of India (RBI)

RBI increases banks' loan exposure limit to single NBFC

RBI increased loan exposure limit of banks to a single NBFC from 15 per cent to 20 per cent.

13 Sept 2019 9:01 AM IST

Currently, the repo operations are of short-term, usually of overnight, wherein banks can borrow money from the RBI at the prevailing repo rate.

RBI's task force recommends moves to ease credit markets

RBI's task force also recommended easing rules around the securitisation of loan assets.

4 Sept 2019 9:54 AM IST

RBI may extend moratorium on repayment of loans for three more months. (PTI Photo)

RBI may extend moratorium on repayment of loans for three more months,...

In March, RBI had allowed a three-month moratorium on payment of all term loans due between 1 March, 2020 and 31 May,...

18 May 2020 2:46 PM IST

The New Development Bank of the BRICS countries has fully disbursed USD one billion emergency assistance loan to India. (PTI Photo)

BRICS' new development bank provides $1 billion loan to India to fight...

The 'Emergency Assistance Program Loan' to India was approved by the NDB Board of Directors on 30 April

13 May 2020 1:30 PM IST

AIIB approves USD 750 mn loan to India. (AFP Photo)

China-backed AIIB approves $750 million loan for India's COVID-19...

The support to India aims to ensure economic resilience to prevent long-term damage to the productive capacity of the...

17 Jun 2020 1:29 PM IST

Manish Patel admitted to presenting a forged Indian passport to Border Patrol agents. (Photo: Representational/PTI)

Passport details must for loans of Rs 50 crore and above: Govt

Passport details will help banks to take timely action and inform relevant authorities to prevent fraudsters from...

10 March 2018 12:29 PM IST

Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.

ICICI Bank loan row probe almost' complete

Inspection of the books of six companies, including NuPower Renewables, was ordered on April 23.

28 Dec 2018 10:33 AM IST