The rise in retail loan auctions

The rise in retail loan auctions

Auctions of retail loans are on a sharp rise at a level never seen before in India as non-banking fi..

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..

ARCs to find space in MSME, retail assets

ARCs to find space in MSME, retail assets

Even as India’s bad bank takes shape and NARCL looks to handle big-ticket corporate loans, asset rec..

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..

Tamilnad Mercantile Bank files for IPO

Tamilnad Mercantile Bank files for IPO

Private lenderTamilnad Mercantile Bank, which has past record of governance lapses, has filed a draf..

RBI fines Axis Bank for due diligence failure on a customer account

RBI fines Axis Bank for due diligence failure on a customer account

The Reserve Bank of India (RBI) has slapped a fine of Rs 25 lakh on Axis Bank for violation of certa..

FM unveils Rs 6 lakh cr asset monetisation pipeline

FM unveils Rs 6 lakh cr asset monetisation pipeline

Finance Minister Nirmala Sitharaman on Monday announced a Rs 6 lakh crore National Monetisation Pipe..

Small finance banks showing healthy profitability: RBI paper

Small finance banks showing healthy profitability: RBI paper

Small finance banks (SFB), which started in 2017 as a new category of banks, are serving the intende..

India's retail inflation cools to 3-month low in July

India's retail inflation cools to 3-month low in July

India's retail inflation has eased to a three-month low of 5.59% in July mainly due to moderation in..

Dhoot moves NCLAT against Anil Agarwal’s Videocon takeover bid

Dhoot moves NCLAT against Anil Agarwal’s Videocon takeover bid

Former Videocon promoter Venugopal Dhoot has moved the NCLAT challenging the insolvency tribunal’s o..

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..

IDBI Bank to offload entire stake in ARCIL

IDBI Bank to offload entire stake in ARCIL

IDBI Bank will offload its entire 19.18% stake in Asset Reconstruction Company (India) Limited (ARCI..

No mask? Bank guard fires at customer in Bareilly

No mask? Bank guard fires at customer in Bareilly

Acustomer who tried to enter the Bank of Baroda branch in Bareilly without wearing a mask had to pay..

NCLAT stays Anil Agarwal's takeover of Videocon

NCLAT stays Anil Agarwal's takeover of Videocon

Billionaire Anil Agarwal is yet to seal the Videocon deal at a throwaway price as the National Compa..