Confused about taking a loan? Tips on easy loan management
November 09, 2021 10:18 ISTWhile technology has revolutionised how loans are disbursed, the principles of judicious borrowing have not.
While technology has revolutionised how loans are disbursed, the principles of judicious borrowing have not.
The Reserve Bank of India (RBI) on Monday announced that the bank credit to registered NBFCs towards agriculture, MSEs and housing sector up to prescribed limits will be treated as priority sector loans during the next fiscal starting April.
In a bid to reach out to people across remote areas, the Public Sector Banks, including the State Bank of India will reach out to people by organising 'credit shamianas' for easy disbursal of loans. The move was a brainchild of finance minister Nirmala Sitharaman and is aimed to help farmers across the country.
ICICI Bank MCLR Rate: Good news for ICICI Bank account holders as India's one of leading private lender has announced Dussehra gift for its customer. The bank has reduced Marginal Cost of Funds based Lending Rate (MCLR) by 10 bps (basis points) for its customers and the changes will be effective from today, i.e October 1, 2019.
Total bad loans of commercial banks declined by Rs 1.02 lakh crore to Rs 9.34 lakh crore in the 2018-19 fiscal on the back of steps taken by the government, Finance Minister Nirmala Sitharaman said Tuesday.
SBI's move will trigger rate cut by other lenders. The bank had last cut the rate on Jan 1.
The ED filed the chargesheet a day after the Westminster Magistrates Court in London granted Mallya bail till December 4 in the extradition case.
The Enforcement Directorate Tuesday attached assets worth Rs 263.10 crore of Hyderabad-based Deccan Chronicle Holdings Limited (DCHL) in a bank loan fraud case.
Union Minister YS Chowdary faces arrest with a non-bailable warrant out against him on the complaint of a Mauritius-based bank for alleged loan default.
Mumbai: To revive stalled plans and help banks tide over mounting bad loans, the Reserve Bank of India (RBI) on Monday eased norms for structuring of existing long-term project loans to infrastructure and core industries.The
Mumbai: The Reserve Bank of India (RBI) put the onus of forming a Joint Lenders' Forum (JLF) on the bank with highest exposure to a distressed borrower and said here today that failure to do
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