The key to the efficient functioning of a bad bank is that it should never be looked at as a funding institution where bad loans are routinely transferred
Laid off during lockdown, Hyderabad-based techie dies by suicide due to harassment from online lender
The police is investigating several online lender app companies, which allegedly obtained sensitive data such as contacts and photographs from the mobile phones of customers and used them to defame or blackmail the victims to get the repayment
HDFC Bank extends moratorium on loan, EMIs, credit card outstandings by 3 months till August; here's all you need to know
HDFC Bank announced that it has extended the loan moratorium by another 3-months
Coronavirus Lockdown: RBI may extend moratorium on repayment of loans for three more months, says report
With the government extending the nationwide lockdown up to 31 May, the Reserve Bank of India (RBI) is likely to extend the moratorium on repayment of loans for three more months, according to an SBI research report
Coronavirus Outbreak: World Bank approves $1 bn loans for India for social protection response program
The World Bank on Friday approved USD 1 billion ''Accelerating India’s COVID-19 Social Protection Response Program'' to support the country''s efforts for providing social assistance to the poor and vulnerable households, severely impacted by the pandemic
The New Development Bank of the BRICS countries has fully disbursed USD one billion emergency assistance loan to India to help it contain the spread of COVID-19 and reduce human, social and economic losses caused by the coronavirus pandemic
RBI allows three month's moratorium on EMIs: Here are the steps to follow if you are an account holder in SBI, ICICI and HDFC banks
Here’s what you need to do to apply for a moratorium on loan EMIs and standing instructions provided by several banks such as SBI, ICICI Bank and HDFC Bank
Several reports have stated that despite the central bank's guidelines, borrowers were receiving messages reminding them that their EMI is due.
Yes Bank scam: Rana Kapoor's ED custody extended till 16 March; agency says founder sanctioned loans of Rs 30,000 cr in his tenure
While seeking his custody, the ED told the court that loans worth Rs 30,000 crore were given to various entities when Kapoor was on the bank's panel.
Moratorium, withdrawal cap on Yes Bank credit negative; move to affect timely repayment of depositors, creditors: Moody's
The central bank on Thursday imposed a moratorium on the capital-starved Yes Bank, capping withdrawals at Rs 50,000 per account and superseded the board of the private sector lender with immediate effect.
RBI Monetary Policy 2019 Updates: Forensic audit on PMC Bank scam expected by month-end, says Shaktikanta Das
If the Reserve Bank of India (RBI) cuts the repo rate today, it would be the sixth reduction in the short-term lending rate this financial year.
PMC Bank scam raises serious questions on RBI’s efficiency as regulator; central bank should wake up from its slumber
The PMC Bank fraud case gives aspiring crooks lessons on how to smartly fool the all-powerful RBI and commit major financial frauds.
BRICS' New Development Bank to provide Rs 6,000-crore loan to Andhra Pradesh for social infrastructure projects
New Development Bank (NDB) will provide a loan of Rs 6,000 crore to Andhra Pradesh for various social infrastructure projects in the state
Bank NPAs: Despite continuing write-offs, decline in NPAs after a long gap is good news for industry
A part of the reason why NPAs must have shown a decline could be technical write-offs of NPAs
Amitabh Bachchan had earlier supported 1,398 farmers from Uttar Pradesh and 350 from Maharashtra by paying off their loans.
Anil Ambani claims to have repaid Rs 25,000 cr in past 14 months, says committed to meet debt obligations
Seeking to allay investor concerns after stocks of his group firms took a beating on the bourses, Reliance Group Chairman Anil Ambani on Tuesday said his group is committed to meet all payment obligations in a timely manner and has already serviced debt worth Rs 35,000 crore in last 14 months
Shilpa Shetty Kundra, her sister Shamita Shetty and their mother Sunanda are being dragged to court over non-payment of a loan advanced to Shilpa's late father.
Maharashtra Cabinet approved several schemes worth Rs 736 crores for backward classes, including financial support in the forms of the individual loan, group loan and interest subvention to OBCs, SCs and STs
Reverse mortgage was introduced in India by Budget 2007-8 with National Housing Bank (NHB) assigned the role of the pivot
Of the $1.39 billion invested in July this year, $608.52 million was the equity capital, $406.74 million was through loan and $371.86 million came in the form of issuance of guarantees.