Economic growth set to bounce back as slump bottoms out; govt takes steps to boost investment: Official
Sanyal said economic growth was set to accelerate to 6 percent in the financial year beginning in April, compared with an estimated growth of 5.0 percent in the current one
Kotak Mahindra Bank Q1 consolidated net profit up 23% as provisions for bad loans decline; 'will tread cautiously in FY20', says Joint MD
Kotak Mahindra Bank on Monday reported a jump of 23 percent in its consolidated net profit at Rs 1,932 crore in the first quarter ended 30 June
RBI sets up task force on secondary market development in corporate loans
The RBI on Wednesday constituted a task force to suggest policy and regulatory interventions required for the development of the secondary market in corporate loans, including loan transaction platform for stressed assets
Banks yet to tag Rs 3.5 lakh crore stressed corporate loans as NPAs; NBFCs may witness margin pressures in FY20: Report
Jindal said banks may need an additional of Rs 40,000 crore in provisions for these Rs 1.5-2 lakh crore loans, which may slip into NPAs.
Adani Capital plans to raise around Rs 1,000 crore in debt in FY19 to fund growth
Adani Capital began operations as an NBFC in April 2017 with a focus on MSME and corporate finance.
RBI Policy: Goods news for savers, but tough times ahead for borrowers as loans may turn expensive
Home 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
Why Narendra Modi’s assurance, that he isn’t scared to be seen with industrialists, matters to economy
It is important that large businesses are taken into confidence and Narendra Modi has done just the right thing to speak in favour of businesses
RBI’s message to bankers, wily promoters: Call a spade a spade; don’t fool the regulator and investors
The RBI has warned wrongdoers among banks that monetary penalties and higher provisions will be imposed if banks resort to evergreening.
Narendra Modi speech: Yes, NPAs are making of Congress-era, but isn’t it time PM moved past ghosts of UPA?
PM Narendra Modi calls 'NPAs scam' bigger than those linked to Commonwealth Games, 2G telecom spectrum allocation and coal block allocation
Govt won't waive off corporate loans despite staggering NPAs of public sector banks
Bad loans of state-run banks amounted to a staggering Rs 7.34 lakh crore by the end of second quarter of the current fiscal ended September, most on account of corporate defaulters, as per official data.
Direct tax revenue kitty grows 19% in Apr-July to Rs 1.90 lakh crore, says finance ministry
In 2016-17, the government collected over Rs 8.49 lakh crore in direct taxes, 14.5 percent higher than the previous year.
Madhya Pradesh farmers' protest: Rahul Gandhi is only worsening problem with flawed logic on loan waiver
Rahul Gandhi's intent to help the grieving farmers is laudable, but his argument will only encourage more farmers to join the protests seeking freebies
Treat Madhya Pradesh farmers' protest with urgency; a contagion could deepen the crisis
With high level of non performing assets (NPAs), banks are not in a position to forgive farmer loans but the question is, if corporate loans can be adjusted, why not farm loans, where the reasons are more compelling.
RBI surprises with rate cut; home, auto loans to cost less
Within minutes of the RBI policy announcement, the government welcomed the rate cut saying it will boost liquidity and help achieve 8 percent GDP growth
Seven years after credit crisis: Banks return to retail consumers to sell loans to beat industrial slowdown
The current push is the boldest since before the 2008 financial crisis
Flawed risk assessment: Have Indian banks been underpricing corporate loans?
Improving the thinking in micro-prudential regulation of banks is an important priority
SIB Automates Corporate Loan Sanctioning Process
'Loanflo' will change the way SIB has been doing business as a lender, as it will allow automation of the entire loan processing, sanctioning and tracking system for corporate loans.