Latest News on Loans
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Loans - Total results - 154
Aug 29, 2018
Ratings agency Moody's Investor Services agrees to pay $16 mn to settle SEC charges over flawed credit ratingsAccording to the SEC, Moody's failed to establish and enforce proper internal controls for models used to rate mortgage-backed securities between 2010 and 2013.
Aug 28, 2018
Google for India: Digital payment app Tez has now been renamed as Google PayAt the moment, nothing is changing about the experience in India other than the name to Google Pay.
Aug 27, 2018
NPA crisis: RBI sticking to its deadline is fine; it means the days of compromise are over but courts still have final wordThe fact remains that the NPA issue has ballooned over the years and even today one is not sure if all of them have been recognized and provided for.
Aug 19, 2018
Bad loans issue: Raghuram Rajan called by Parliamentary panel to brief on mounting NPAsThe banking sector is grappling rising NPAs which touched Rs 8.99 trillion or 10.11 percent of the total advances at December-end 2017.
Aug 15, 2018
Govt accepts National Housing Bank chief Sriram Kalyanaraman's resignation; to probe alleged misconductKalyanaraman was appointed as MD and CEO for a period of five years in 2015.
Jul 04, 2018
Root cause of NPAs is mega PSB loans: With funds distributed in dollops, reforms to sanctions will bode well for the sectorBank loans are not meant for big ticket borrowers and the government should shut the PSB doors to loans to big industrial houses.
Jun 27, 2018
Public sector banks account for 85% of over 6,500 bank fraud cases: RBIFinancial Stability Report, according to a Economic Times report. The top 10 banking frauds in 2018 lead to a financial loss of Rs 10,000 crore
Jun 26, 2018
Narendra Modi to inaugurate third AIIB annual meet in Mumbai today: All you need to know about China-led bankMonsoon rains notwithstanding, the two-day meet will host policy makers, ministers, participants from partner institutions, the private sector and civil society.
Jun 24, 2018
In letter to Piyush Goyal, Devendra Fadnavis asks Centre to direct all Maharashtra banks to fast-track crop loan disbursalDevendra Fadnavis wrote a letter to the Centre, demanding that all banks be directed to expedite the process of disbursing crop loans to farmers.
Jun 06, 2018
RBI ups repo rate to 6.25% after four-and-a-half years; get ready to pay more on your home, auto loans soonThe RBI's decision to hike the repo rate will soon impact the common man, as banks will start raising their lending rates.