Bank loans to most sectors rise in April, industry demand muted
Bank lending continued to rise in April as credit demand picked up across sectors barring industry. Non-food credit rose 16.1% ...
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Tag: Loans
HDFC looks to sell Rs 2,000 crore stressed developer loans
Mortgage-lending pioneer Housing Development Finance Corp (HDFC) is making final attempts to offload stressed loans of around ₹2,000 crore extended ...
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ACRE set to buy out SBI’s loans to road company in West Bengal
Ares SSG Capital-backed asset reconstruction company is set to acquire State Bank of India's (SBI) road assets in an all-cash ...
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NARCL progress hit on government guarantee delay
Renewal of federal guarantees, which expired last fiscal, is delaying the takeover of bad loans by the state-backed National Asset ...
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Special drive by public sector banks likely to recover written-off loans
State-run banks are likely to launch a special drive to recover written-off loans after the government nudged them to fast-track ...
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PTC Financial Services raises Rs 275 crore from IIFCL in its first ever borrowing since crisis
PTC India Financial Services (PFS), accused of corporate misgovernance, managed to raise Rs 275 crore from a state-owned financial institution ...
Read moreIDBI Bank, PNB Housing , Sicom in push to offload bad loans
IDBI Bank, PNB Housing Finance and term-lending institution Sicom are separately working on plans to sell almost the entire distressed ...
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Fasal ties up with SBI to help farmers get easy access to loans
Agri-tech company Fasal on Thursday announced its partnership with State Bank of India (SBI), aimed to provide farmers with easy ...
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RBI to stop banks from capitalising penal charges on loans defaults
The Reserve Bank of India (RBI) pulled up banks for overcharging borrowers in the guise of penal interest rates and ...
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NARCL to step up acquisitions of distressed assets in FY24
The government-promoted National Asset Reconstruction Co Ltd (NARCL) will step up the pace on the acquisition of distressed assets this ...
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