Page 11 - Loans

7 personal finance tips to guide you through these unprecedented times

Coming out of these unusual times financially fitter and stronger would require discipline, perseverance, conservancy tricks and fortitude. Here are some handy tips for millennials

Planning to take a home loan? Step-up is a good option in difficult times

Real estate prices are reasonable. Loan rates are also affordable - as low as 7.9 per cent for certain banks

IBA withdrawal of communique on loans of up to Rs 200 cr stumps banks

IBA withdraws note on FinMin letter which had PMO inputs

Just 10% of defaulted loans in non-major cos recovered under IBC: Ramesh

The first objective of the IBC was to save companies but with a mortality rate of 80 per cent it is not life saving, said Jairam Ramesh

Thailand plans $3.2 billion stimulus next week to ease Coronavirus impact

The measures, to be submitted to a cabinet meeting on Tuesday, will include handouts, soft loans and steps to support the stock market

Piramal Enterprises stock continues to be weighed down by wholesale loans

Average cost of funds remained at 11 per cent even in December quarter, indicating tight liquidity

Only 6% of adults aged till 24 are credit active in India, says report

Gen Z is the newest generation born between 1995 and 2015

Planning to buy used car on loan? Here're interest rates offered by banks

The amount given in a used car loan is lower, usually 70-85 per cent of the cost of the car

Need emergency cash? Personal loan works for those who don't like surprises

Skip personal loans- when you splurge for a holiday, new iPhone or lifestyle expense you cannot afford

Loans and advances of foreign banks operating in India grew 13% in FY19

Loans and advances of foreign banks operating in India rose about 13 per cent to nearly Rs 3.97 trillion in 2018-19.This was slightly ahead of the 11 per cent growth in this regard at scheduled commercial banks in general, comprising private, government-owned, foreign and small finance banks (SFBs). The loan book of private banks grew at a much higher rate, of 25 per cent. Public sector banks expanded theirs' by only 4 per cent. SFBs, a group of recent origin, showed 70.5 per cent growth in loans. Deposits at foreign banks rose 17 per cent in FY19, to Rs 5.8 trillion, from Rs 4.95 trn the previous year. Their capital base increased to Rs 77,809 crore, from Rs 67,883 crore, a 15 per cent increase, according to the Reserve Bank's (RBI's) report on 'Trends and Progress of Banking in India 2018-19'. Foreign banks' borrowings increased to Rs 1.51 trillion in FY19, from nearly Rs 1.3 trn, an 18 per cent spike. Other assets rose by 67 per cent over the year, to Rs 1.47 trn.The number of ..

Credit crisis is easing in India, but only for safest corporate borrowers

The cash squeeze in the nation's shadow banking industry, which lends to everyone from street vendors to property tycoons, shows few signs of abating

Need personal loan? Maintain high credit score to get better interest rate

Those having a score of above 750 are offered better rates on personal loans

Loans sanctioned by NBFC sector drops 34% in Q2, personal loans see uptick

Housing, commercial vehicle and term loans fall 23-85% in the September quarter; gold loan reports growth

ADB extends $451 million loan for Chennai-Kanyakumari Industrial Corridor

The Chennai-Kanyakumari Industrial Corridor is part of the East Coast Economic Corridor in Tamil Nadu

The Mudra problem

Directed lending always builds up bad loans in banks

Firms ask lenders to modify accelerated payment clause in loan agreements

Bankers said such rules for accelerated payments are in place to protect the interest of lenders

Need emergency money? Use loan against property to fund planned expenses

Both self-employed and salaried employees can avail of it

PSU banks disbursed around Rs 2.5 trillion in loans during October: Govt

Of the Rs 2.52 trillion, Rs 1.06 trillion was disbursed towards new term loans, while Rs 46,800 crore was towards new working capital loans

Now, there are loans for your lifestyle needs: Should you avail of them?

Loans are available for dental care, hair weaving and even to buy designer clothes, with easy repayment options

Bad credit score: Millennials spawning next wave of NPAs for banks?

The number of millennials opting for a new loan grew 58 per cent as against a 14 per cent growth in the non-millennial segment