Page 7 - Loans

Moratorium verdict: Prepare for shock when a more realistic picture emerges

Loan Moratorium verdict: It also declared that compound interest will not be charged for the period of moratorium.

Loan moratorium: Supreme Court to pronounce verdict today

A bench headed by Justice Ashok Bhushan which had reserved its verdict on the batch of pleas on December 17, last year, will pronounce the judgement

Secured loans may help you tackle tighter credit norms, say experts

Presence of collateral allows lenders to relax their criteria while sanctioning of these loans

Micro loans with over 30-day dues up to 11% in December 2020, shows data

According to MFIN, loans with over 30-day dues were at 2.51 per cent in September

Microfinance loan portfolio stands at Rs 2,32,648 cr as of Dec-end: Report

The microfinance industry's gross loan portfolio (GLP) grew 10.1 per cent to Rs 2,32,648 crore as on December 31, 2020

More women borrowed personal loans during pandemic: Report

More women have resorted to unsecured personal loan borrowings, according to a report.

BharatPe facilitates Rs 1,000 crore loan disbursal in fiscal 2021

The firm said it has already surpassed its target of facilitating disbursal of Rs 1,000 crores of business loans to its merchant partners

Loans with dues in excess of 90 days show spike in Dec 2020: ICRA

The delinquencies, which were 0.6-0.7 per cent level in February, shot up to 3.4-3.6 per cent in case of SME and MFI segment by December

Small loans, big stakes: Why MSMEs are banking on fintech lenders

Speed and flexibility to cater to a wider segment of small borrowers are tilting market in their favour

Karnataka CM directs banks to speed up loan approval under central schemes

He pointed out that the PMAY and PMSY were ambitious schemes introduced by Prime Minister Narendra Modi for the benefit of the poor

PNB inks deal with Indian Oil to provide up to Rs 2 cr loan to dealers

The firm has inked a pact with Indian Oil Corporation to provide up to Rs 2 crore to the oil company's dealers

Muthoot Finance Q3 profit up 17% to Rs 1,006 cr, revenue rises 16%

Consolidated loan assets of the group grew 28% to Rs 55,800 cr during nine months of 2020-21

RBL Bank: Worst may be over, but near-term asset quality pressures seen

Renewed focus on MFI loans and credit cards should put the bank on growth trajectory after six quarters

State Bank of India announces up to 30 bps concession on home loans rates

State Bank of India on Friday announced an interest concession of up to 30 basis points on home loans and a 100 per cent waiver on processing fees

Microloans: Early delinquencies jump to 15.7% in September, says CRIF

West Bengal, which retained its position as the top microfinance market as of September, had an early delinquency rate of 31.7 per cent

MSME loans doubled during CM Adityanath's rule, says UP government

Loans disbursed to the MSME sector have doubled during the rule of BJP government led by Chief Minister Yogi Adityanath, a govt spokesperson said

China denies seeking additional guarantees for $6 bn loan to Pakistan

China termed as baseless the reports that it has sought additional guarantees from Pakistan for sanctioning a 6 billion loan for a railway line project

China asks Pakistan for additional guarantees for $6 billion loan

China has in a turn of events now demanded guarantees before sanctioning fresh $6 billion in loan to Islamabad

Pakistan returns $1 billion of Saudi Arabia's soft loan, officials say

Analysts say it is unusual for Riyadh to press for the return of money

SBI will prefer co-origination models of lending to MSMEs: Chairman

Dinesh Kumar Khara said banks need to have enough confidence into various models of the MSMEs and also the commitment level of such entrepreneurs