Lender

Lender News

State Bank of India to sell 3 bad loan accounts to recover Rs 2,111 crore dues; e-auction on 13 December
Business

State Bank of India to sell 3 bad loan accounts to recover Rs 2,111 crore dues; e-auction on 13 December

Earlier on 22 November, State Bank of India held e-auction of 11 NPA accounts that had outstanding dues of Rs 1,019 crore towards the bank.

Carlyle group withdraws from 51% joint stake sale with PNB in PNB Housing Finance
Business

Carlyle group withdraws from 51% joint stake sale with PNB in PNB Housing Finance

PNB and Carlyle Group via its investment vehicle Quality Investment Holdings (QIH) in July had said that they will jointly sell their stakes in PNB Housing Finance.

Credit Score: Here are five major factors that can influence your loan approval
Business

Credit Score: Here are five major factors that can influence your loan approval

Some of the major factors which make and break a credit score are – credit history, credit balance, payment history, and recent new credits and so on.

SBI's share sale to raise up to Rs 15,000 cr may be pushed to June
Business

SBI's share sale to raise up to Rs 15,000 cr may be pushed to June

The share sale would happen via the "fast track" follow-on offering route, said the sources. Under the fast-track process, select large companies are exempted from complying with the market regulator's disclosure and filing requirements.

RBI allows overseas lenders to give rupee loans to Indian companies
Finance

RBI allows overseas lenders to give rupee loans to Indian companies

The RBI further said for lending in rupees, the lender would have to follow certain conditions, including currency swaps with authorised banks.<br />