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Defending the banks in this issue, a senior official, however, claimed that the quick mortality rate on Mudra loans has come down drastically after strict norms issued by the RBI and the ministry of finance.(Representational image)

Top 5 apps in India through which you can take personal loans

We bring to you our analysis of India's top 5 Apps which provide personal loans.

21 Feb 2020 1:34 PM IST

Air India. (Photo- PTI)

Air India avoids default; secures funds to service Rs 700-cr NCDs

These non-convertible debentures (NCD) are due for interest payment or redemption on March 26

26 March 2020 6:24 PM IST

Union Finance Minister Nirmala Sitharaman. (PTI Photo)

Rs 3 lakh crore collateral-free automatic loan for businesses, MSMEs:...

To provide stressed MSMEs with equity support, the government will facilitate the provision of Rs. 20,000 crore as...

13 May 2020 5:33 PM IST

HDFC Chairman Deepak Parekh requested the RBI for a one-time restructuring of loans. (PTI Photo)

Don't extend loan moratorium, able corporates not paying loans: HDFC's...

If the moratorium is extended by another three months, then it is going to hurt us and smaller NBFCs particularly, said...

27 July 2020 4:03 PM IST

Punjab National Bank said on Thursday it had reported loans made to Dewan Housing Finance Corporation Ltd worth Rs 3,689 billion. (PTI Photo)

PNB reports over Rs 3600 crore DHFL loans as fraud

DHFL accumulated total debts of almost Rs 1 trillion and then failed to honour dues to its creditors

10 July 2020 9:09 AM IST

Loans will be secured against receivables and guaranteed by respective state government. (PTI Photo)

Karan Thapar | Loans, not relief: A raw deal for the urban poor

An urban MGNREGA would cost a substantial amount

9 July 2021 12:10 AM IST

Chanda Kochhar, MD & CEO of ICICI Bank

Chanda Kochhar receives notice from SEBI over Videocon loans

ICICI Bank is battling allegations that Kochhar allegedly favoured Videocon Group in its lending practices.

26 May 2018 10:27 AM IST

Industry chambers CII and Assocham on Sunday asked the government that the PNB fraud should not hinder bank loans to businesses which were showing signs of revival after being hit by demonetisation and GST.

Over 55,000 loans provided under Stand-Up India Scheme

Banks extendSUPI loan to commercially viable proposals as per bank's board approved policy in this regard.

14 March 2018 12:00 PM IST

Farzana Jan, president of the Alliance, has become the first transgender person in the Khyber Pakhtunkhaw province to be issued a passport encompassing the third gender category. (Photo: Representational/Pixabay)

Collect passport details of all big borrowers within 45 days: FinMin...

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

6 March 2018 9:21 PM IST

India has the potential to innovate on the lines of Silicon Valley but it needs to do more for expanding the innovation ecosystem as it aspires to become a middle income country, World Bank India head Junaid Kamal Ahmad said today.

India, World Bank sign USD 500 mn loan pact for rural roads

It has built and improved about 35,000 km of rural roads and benefited about eight million people with access to...

31 May 2018 6:39 PM IST

Prime Minister Narendra Modi

Banks have given Rs 6 lakh cr Mudra loans to 12 cr beneficiaries: PM

Out of the 12 crore beneficiaries, 28 per cent or 3.25 crore are first-time entrepreneurs.

29 May 2018 10:21 AM IST

The credit gap was huge and hence fintech models stepped in with the idea to consider secondary data to do credit profiling and further lend.

The Tech in Fintech: Leading platforms that is online right now

Since fintech forayed in India a lot of business models were created to explore lending space.

3 Dec 2018 1:30 PM IST