Bank Loans

RBI's decision to keep key policy rates unchanged will lead to continuation of low interest rates on home loans and support ongoing recovery of housing demand, according to property developers and consultants.

The Reserve Bank's decision to keep key policy rates unchanged will lead to continuation of low interest rates on home loans and support ongoing recovery of housing demand, according to property developers and consultants.

The clarification included classification of special mention account (SMA) and NPA on a day-end position basis and upgrade from an NPA to standard category only after clearance of all outstanding overdues.

Credit to medium industries saw a remarkable growth of 48.6 per cent in October 2021 size-wise compared to 20.8 per cent growth seen in October 2020

Nirmala Sitharaman said that Centre has not issued directions to banks asking them not to give loans to "sensitive customers" like police personnel

The Asian Development Bank has approved a USD 1.5 billion (around Rs 11,185 crore) loan to India for COVID-19 vaccine procurement.

In a discussion paper titled 'Digital Banks: A Proposal for Licensing & Regulatory Regime for India', the think-tank provides a template and roadmap for a digital bank licensing and regulatory regime.

The United Nations on Monday pushed for urgent action to prop up Afghanistan's banks, warning that a spike in people unable to repay loans, lower deposits and a cash liquidity crunch could cause the financial system to collapse within months.

The monetary authority has from time to time been issuing new/revised norms on dud asset classification as system-wide NPAs began to balloon.

The Enforcement Directorate (ED) on Thursday said it has taken possession of a shopping mall worth Rs 483 crore in Maharashtra's Nagpur in connection with a money laundering probe linked to an alleged bank loan fraud.

The bank's net interest income rose by 2 per cent to Rs 7,566 crore in September quarter of 2021-22

The ex-SBI chief had been arrested on October 31 from his residence in Delhi in connection with a loan case of the hotel in Jaisalmer

State Bank of India's provisioning for bad loans, declined 46 per cent sequentially to Rs 2,699 crore from Rs 5,030 crore in the previous quarter.

SBI on Monday clarified that the assetwassold with "laid down process" in March 2014, much after Pratip Chaudhuri had retired in September 2013.

A Delhi court has dismissed the bail application of Ambience group promoter Raj Singh Gehlot in a money laundering case linked to an alleged bank loan fraud of Rs 800 crore.

RBI's decision to keep key policy rates unchanged will lead to continuation of low interest rates on home loans and support ongoing recovery of housing demand, according to property developers and consultants.

The Reserve Bank's decision to keep key policy rates unchanged will lead to continuation of low interest rates on home loans and support ongoing recovery of housing demand, according to property developers and consultants.

The clarification included classification of special mention account (SMA) and NPA on a day-end position basis and upgrade from an NPA to standard category only after clearance of all outstanding overdues.

Credit to medium industries saw a remarkable growth of 48.6 per cent in October 2021 size-wise compared to 20.8 per cent growth seen in October 2020

Nirmala Sitharaman said that Centre has not issued directions to banks asking them not to give loans to "sensitive customers" like police personnel

The Asian Development Bank has approved a USD 1.5 billion (around Rs 11,185 crore) loan to India for COVID-19 vaccine procurement.

In a discussion paper titled 'Digital Banks: A Proposal for Licensing & Regulatory Regime for India', the think-tank provides a template and roadmap for a digital bank licensing and regulatory regime.

The United Nations on Monday pushed for urgent action to prop up Afghanistan's banks, warning that a spike in people unable to repay loans, lower deposits and a cash liquidity crunch could cause the financial system to collapse within months.

The monetary authority has from time to time been issuing new/revised norms on dud asset classification as system-wide NPAs began to balloon.

The Enforcement Directorate (ED) on Thursday said it has taken possession of a shopping mall worth Rs 483 crore in Maharashtra's Nagpur in connection with a money laundering probe linked to an alleged bank loan fraud.

The bank's net interest income rose by 2 per cent to Rs 7,566 crore in September quarter of 2021-22

The ex-SBI chief had been arrested on October 31 from his residence in Delhi in connection with a loan case of the hotel in Jaisalmer

State Bank of India's provisioning for bad loans, declined 46 per cent sequentially to Rs 2,699 crore from Rs 5,030 crore in the previous quarter.

SBI on Monday clarified that the assetwassold with "laid down process" in March 2014, much after Pratip Chaudhuri had retired in September 2013.

A Delhi court has dismissed the bail application of Ambience group promoter Raj Singh Gehlot in a money laundering case linked to an alleged bank loan fraud of Rs 800 crore.