RBI directs banks to review unfair lending practices

RBI directs banks to review unfair lending practices

The Reserve Bank of India (RBI) has directed lenders on Monday to review practices such as disbursal..

How bank lending and deposits behaved in September

How bank lending and deposits behaved in September

The share of term deposits saw a sharp year-on-year jump in September while bank lending to the priv..

Canara Bank, Bank of Baroda raise lending rates

Canara Bank, Bank of Baroda raise lending rates

Canara Bank and Bank of Baroda have raised the marginal cost of funds-based lending rates (MCLR) by ..

Bank of Maharashtra hikes lending rates

Bank of Maharashtra hikes lending rates

State-owned Bank of Maharashtra (BoM) on Monday announced increase in the marginal cost of funds-bas..

Canara Bank raises MCLR, retains retail lending rates

Canara Bank raises MCLR, retains retail lending rates

Canara Bank has kept its interest rate on retail loans unchanged while raising the MCLR-based lendin..

PNB, Bank of Baroda up lending rates after RBI hikes repo rate

PNB, Bank of Baroda up lending rates after RBI hikes repo rate

Public sector lenders Punjab National Bank (PNB) and Bank of Baroda have raised their lending rates ..

Canara Bank hikes lending rates

Canara Bank hikes lending rates

Canara Bank has increased its lending rates across tenures by 15 to 25 basis points.The state-owned ..

RBI gives banks, NBFCs until end-Nov to comply with new digital lending rules

RBI gives banks, NBFCs until end-Nov to comply with new digital lending rules

The Reserve Bank of India (RBI) has given banks and non-banking financial companies (NBFCs) until th..

Canara Bank hikes lending rates

Canara Bank hikes lending rates

Soon after the Reserve Bank of India (RBI) hiked repo rate by 50 basis points, Canara Bank has carri..

PNB, ICICI Bank raise lending rates on day of RBI’s policy announcement

PNB, ICICI Bank raise lending rates on day of RBI’s policy announcement

Private lender ICICI Bank and state-owned Punjab National Bank (PNB) have raised their lending rates..

Banks flouting lending norms to govt-owned entities: RBI

Banks flouting lending norms to govt-owned entities: RBI

The Reserve Bank of India (RBI) has found instances of banks flouting the regulator’s norms when it ..

EMIs to rise as PNB, ICICI Bank and HDFC raise lending rates

EMIs to rise as PNB, ICICI Bank and HDFC raise lending rates

Banks continue to raise their lending rates in anticipation of further hikes from the Reserve Bank o..

SBI latest bank to hike lending rate

SBI latest bank to hike lending rate

State Bank of India (SBI) is the latest to join a long list of banks who have lifted their lending r..

Banks start hiking lending and deposit rates

Banks start hiking lending and deposit rates

Home, car and corporate loans have become costlier with banks raising both their MCLR (marginal cost..

Bank of Maharashtra launches digital lending platform for home and car buyers

Bank of Maharashtra launches digital lending platform for home and car buyers

State-owned Bank of Maharashtra has launched a digital lending platform for its home loan and car lo..