Latest News on Bank Loans
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Bank Loans - Total results - 40
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
Oct 10, 2018
Bad loans crisis: Nirmala Sitharaman blames UPA; says banks are still suffering for lack of due diligenceDuring UPA regime, huge loans were provided by banks at the drop of a hat "when a phone call was made," by the powers that be, said Nirmala Sitharaman,
Sep 28, 2018
Cash-strapped IL&FS Financial Services declares 7 fresh defaults of Rs 395 crArray
Sep 20, 2018
The Great Indian NPA Mess: Banks, govt and industrialists worked together to kick bad loans can down the roadWe now have one big problem which the Narendra Modi government is trying to postpone further by merging different public sector banks. The trouble is bringing two rotten eggs together is only going to lead to another rotten egg
Aug 02, 2018
RBI Policy: Goods news for savers, but tough times ahead for borrowers as loans may turn expensiveHome loans, which have been the mainstay of banking in the last three years, would be affected by these two successive rate hikes and homeowners will be affected here
Jun 27, 2018
Bank NPAs to touch 12.2% by March 2019: Why RBI’s latest Financial Stability Report is a must-read for LICRBI’s NPA forecast should act as a warning signal for LIC which is looking at a controlling stake in IDBI bank
May 16, 2018
Bank frauds and wilful default: Gunning for ‘innocent’ managers is inevitable, but witch-hunting must be avoidedA bank manager's job comes with the risk of his/her integrity being questioned in case of an anomaly