Latest News on Bank Loans
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Bank Loans - Total results - 46
Oct 16, 2019
Public sector banks had 'worst phase' under Manmohan Singh, Raghuram Rajan: Nirmala SitharamanFinance Minister Nirmala Sitharaman has said that the Indian public sector banks had the "worst phase" under the combination of former Prime Minister Manmohan Singh and RBI Governor Raghuram Rajan
Oct 09, 2019
RBI monetary policies have become a joke to individual borrowers and small businessmen; here's whyDespite the 135 basis points cut in repo rate, at which the Reserve Bank of India (RBI) lends short-term funds to banks, banks have lowered only 30-40 bps to their borrowers
Sep 24, 2019
Low demand and reluctance to invest to blame for slowdown in economy, says Yashwant SinhaCorporate, PSU sectors have suffered in the last year. The demand in the economy, which is the growth engine, has come crashing down, Sinha said
Aug 19, 2019
RBI governor Shaktikanta Das says time banks link loans, deposits to repo rate; move can speed up monetary transmission processAfter over a dozen public sector banks, including State Bank, have voluntarily linked their loans and deposits pricing to the repo rate, Reserve Bank governor Shaktikanta Das Monday stressed on the need for the entire system switching to this model, saying such a moved can speed up the monetary transmission process
Jul 12, 2019
Piramal Enterprises sharply cuts short-term borrowings, reduces dependence on CPs as NBFC crisis lingersWithout naming IL&FS, Ajay Piramal said, in September 2018, the default by a large financial services company on its debt instruments resulted in a sector-wide liquidity tightening
Jul 11, 2019
HDFC Bank refused loans to Vijay Mallya; need to separate friendships from banking, cautions MD, CEO Aditya PuriAditya Puri cited how his bank turned down a loan request from the now-fugitive businessman Vijay Mallya
Mar 25, 2019
Sterling Biotech bank fraud case: Hitesh Patel arrested in Albania raised dummy companies with help of family membersFugitive businessman Hitesh Narendrabhai Patel, wanted in the Rs 8,100 crore bank fraud involving Sterling Biotech and Sandesara Group, was running benami entities to siphon off loans obtained from financial institutions.
Mar 21, 2019
At 10.8%, growth in infra credit is back to FY15 levels; economy is riding on the back of govt spendingIts not just infrastructure loans, overall lending to industry too has shown a reviving trend after staying in the negative for two consecutive years.
Dec 27, 2018
Farm distress: Govt addressing issues through piecemeal measures; need to integrate all schemes to make sector more resilientIt is clear that we are not really looking for a permanent solution and addressing the problem through piecemeal measures that have a good announcement impact.
Oct 25, 2018
Essar Steel insolvency: Shareholders of debt-ridden firm offer to pay Rs 54,389 cr to clear all dues of lendersThe plan includes an upfront cash payment of Rs 47,507 crore to all creditors