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..

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,..

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..

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..

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..

CSB Bank partners IIFL Finance to push gold loans

CSB Bank partners IIFL Finance to push gold loans

Fairfax backed private-sector lender CSB Bank (formerly Catholic Syrian Bank) has entered into a par..

Banks ready to transfer Rs 89,000 cr of loans to bad bank

Banks ready to transfer Rs 89,000 cr of loans to bad bank

Banks will initially transfer bad loans worth Rs 89,000 crore from 22 large value accounts to the pr..

PNB to pick stake in NARCL, transfer Rs 8,000 cr loans to bad bank

PNB to pick stake in NARCL, transfer Rs 8,000 cr loans to bad bank

Punjab National Bank (PNB) will have stake in the National Asset Reconstruction Company Ltd (NARCL) ..

Retail bad loans may rise in 2nd wake of Covid: HDFC Bank CEO

Retail bad loans may rise in 2nd wake of Covid: HDFC Bank CEO

The crippling effect of the second wave of the coronavirus could lead to a rise in retail bad loans...

Retail bad loans may rise in 2nd wake of Covid: HDFC Bank CEO

Retail bad loans may rise in 2nd wake of Covid: HDFC Bank CEO

The crippling effect of the second wave of the coronavirus could lead to a rise in retail bad loans...

RBI fails to identify ever-greening of loans in Yes Bank, LVB case: Economic Survey

RBI fails to identify ever-greening of loans in Yes Bank, LVB case: Economic Survey

The Economic Survey 2021 is critical of the way the Reserve Bank of India (RBI) handled the Yes Bank..

Bank of Baroda chief warns of stress in retail, SME loans

Bank of Baroda chief warns of stress in retail, SME loans

Banks could discover that more of their loans become non-performing than what they had anticipated f..