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The industrial sector contributed over 15 per cent to the NPAs followed by agriculture and services in the region of six per cent and retail loans which were the lowest at 2.3 per cent.

Cheaper retail loans to drive consumption

Housing, vehicle and high-value consumption goods are expected to receive a fillip from the announcements.

23 Aug 2019 8:13 PM

The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

Govt to upfront infuse Rs 70,000-cr capital into public sector banks

The move is expected to generate an additional lending and liquidity in the financial system of upto Rs 5 lakh crore,...

23 Aug 2019 2:39 PM

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.

Home, vehicle, other retail loans to become cheaper: FM

Working capital loans for industry will also become cheaper, FM Nirmala Sitharaman said.

23 Aug 2019 1:59 PM

Reserve Bank of India Governor Shaktikanta Das digitally delivers a statement. (PTI Photo)

RBI, in surprise move, hikes key rate by 0.4 per cent, EMIs might go...

The move will lead to an increase in lending rates and make retail loans, including home loans, costly

4 May 2022 8:45 PM

The Reserve Bank is expected to go for a hike in key policy rates by the fourth quarter of this year.

Banks can't change return on loans midway, says RBI

RBI asks banks to link all floating rates to external benchmark like repo.

5 Dec 2018 7:49 PM

Deputy Governor S S Mundra

Mundra flags retail loans focus

The investment to GDP ratio fell to 28.5% in FY18 from 34.3% in FY12.

9 Aug 2018 6:57 PM

In its first board meeting after a controversy erupted involving Chanda Kochhar and the Videocon Group, leading private lender ICICI Bank examined insolvency cases pending before the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code, 2016.

ICICI bank to disburse Rs 10,000 cr retail loan in Punjab, Haryana

The bank will reach the target by expanding its consumer-personal, vehicle and two-wheeler-loans.

9 Aug 2018 12:01 PM