Federal Bank to add 100 branches in FY24 with eye on SME loans

Federal Bank to add 100 branches in FY24 with eye on SME loans

Kochi-based Federal Bank will add 100 branches this fiscal even as it increases its focus on lending..

RBI issues guidelines to regulate penal charges on loans

RBI issues guidelines to regulate penal charges on loans

The Reserve Bank of India (RBI) has directed banks and non-banking financial companies (NBFCs) not t..

Banks need to follow these RBI rules at time of resetting loans

Banks need to follow these RBI rules at time of resetting loans

The Reserve Bank of India (RBI) has laid down the guidelines allowing individual borrowers of home, ..

RBI to come out with guidelines on resetting tenor, EMI of home loans

RBI to come out with guidelines on resetting tenor, EMI of home loans

In the backdrop of the repayment period of home and other loans getting elongated due to stress from..

Banks write-off Rs 14.56 lakh crore of bad loans in nine years: Karad

Banks write-off Rs 14.56 lakh crore of bad loans in nine years: Karad

Banks have written off bad loans worth Rs 14.56 lakh crore in the last nine financial years starting..

SBI, Bank of Baroda not in top list of these MSME loans in FY23

SBI, Bank of Baroda not in top list of these MSME loans in FY23

State Bank of India (SBI) and Bank of Baroda, the top two public sector banks, do not figure in the ..

Banks write-off Rs 2.09 lakh crore of bad loans in FY23

Banks write-off Rs 2.09 lakh crore of bad loans in FY23

Banks in India wrote off bad loans worth over Rs 2.09 lakh crore during the fiscal year ended March ..

Room for repricing of loans to help protect NIM, says Union Bank of India CEO

Room for repricing of loans to help protect NIM, says Union Bank of India CEO

Repricing of assets and a strong pipeline of loan proposals will help Union Bank of India to protect..

Vehicle loans up 22% in May

Vehicle loans up 22% in May

Vehicle loans outstanding rose 22% year-on-year to Rs 5.09 lakh crore in May, despite the Reserve Ba..

Flipkart to distribute Axis Bank’s personal loans

Flipkart to distribute Axis Bank’s personal loans

Walmart-owned Flipkart will be distributing Axis Bank's personal loans on the e-commerce platform.Th..

IDFC First Bank posts 24.5% growth in loans, 44.4% in deposits in Q1

IDFC First Bank posts 24.5% growth in loans, 44.4% in deposits in Q1

IDFC First Bank reported a rise in loans and advances by 24.5% to Rs 1.71 lakh crore for the fiscal ..

Share of loans bearing over 9% interest rises to 56.1% in March: RBI

Share of loans bearing over 9% interest rises to 56.1% in March: RBI

The share of loans bearing over 9% interest rate rose to 56.1% in March 2023 from 31.4% a year ago, ..

Retail loans pace up, large borrowers' share falls

Retail loans pace up, large borrowers' share falls

Retail loans have grown faster and the share of large borrowers in gross advances have declined succ..

Banks’ bad loans fall to decadal low, may improve further: RBI

Banks’ bad loans fall to decadal low, may improve further: RBI

The bad loan ratio for Indian banks touched a ten-year low of 3.9% aBad loan ratio for Indian banks ..

Retail loans major contributor to bank credit growth

Retail loans major contributor to bank credit growth

India’s bank credit growth has been powered by retail lending over the last few years and this is cy..