AU Small Finance Bank Q2 net down 13% amid rise in bad loans

AU Small Finance Bank Q2 net down 13% amid rise in bad loans

AU Small Finance Bank has posted 13% decline in net profit to Rs 279 crore for the fiscal second qua..

Banks can sell fraud loans to ARCs: RBI

Banks can sell fraud loans to ARCs: RBI

The Reserve Bank of India (RBI) has allowed lenders to sell loans classified as fraud to asset recon..

SBI Card looks to sell Rs 200 cr of bad loans to ARCs in Q2

SBI Card looks to sell Rs 200 cr of bad loans to ARCs in Q2

SBI Cards & Payment Services (SBI Card), India’s only listed pure-play credit card company, is s..

Indian Overseas Bank puts Rs 400 cr of education loans up for sale

Indian Overseas Bank puts Rs 400 cr of education loans up for sale

State-owned Indian Overseas Bank (IOB), which is under the RBI’s prompt corrective action (PCA) list..

Banks cut rates on retail loans to boost demand

Banks cut rates on retail loans to boost demand

Banks are luring customers with lower interest rates as part of a festive offer as the market has sh..

Retail loans march ahead of corporate credit amid Covid-19

Retail loans march ahead of corporate credit amid Covid-19

A surge in gold loans has pushed retail advances to the top of bank credit for the first time. Loans..

10 banks set up secondary market for corporate loans

10 banks set up secondary market for corporate loans

Ten major banks, including State Bank of India, ICICI Bank, Canara Bank and Standard Chartered Bank,..

SBI waives processing fees on home loans till 31 Aug

SBI waives processing fees on home loans till 31 Aug

State Bank of India (SBI) has waived the processing fees on home loans till 31 August.Currently, the..

Union Bank of India recasts Rs 15,632 cr of loans; home loans lead retail stress

Union Bank of India recasts Rs 15,632 cr of loans; home loans lead retail stress

Retail loans have come to haunt banks in the backdrop of the second wave of the coronavirus pandemic..

RBI ups cap on personal loans to board directors

RBI ups cap on personal loans to board directors

The Reserve Bank of India (RBI) has upped the cap on personal loan amount that can be granted to boa..

Federal Bank feels stress of gold loans, small biz in Q1

Federal Bank feels stress of gold loans, small biz in Q1

A Covid-induced deterioration in asset quality pulled down the net profit of Federal Bank in the fis..

Federal Bank feels stress of gold loans, small biz in Q1

Federal Bank feels stress of gold loans, small biz in Q1

ACovid-induced deterioration in asset quality pulled down the net profit of Federal Bank in the fisc..

RBI ups cap on personal loans to board directors

RBI ups cap on personal loans to board directors

The Reserve Bank of India (RBI) has upped the cap on personal loan amount that can be granted to boa..

Indian Bank to transfer Rs 1,900 cr of bad loans to NARCL

Indian Bank to transfer Rs 1,900 cr of bad loans to NARCL

Indian Bank has identified eight accounts worth Rs 1,900 crore to be transferred to National Asset R..

Indian Bank to transfer Rs 1,900 cr of bad loans to NARCL

Indian Bank to transfer Rs 1,900 cr of bad loans to NARCL

Indian Bank has identified eight accounts worth Rs 1,900 crore to be transferred to National Asset R..