Retail Loans

As NPA resolution crawls, banks stare at spike in credit cost in range of 1.9% to 4.6% in second half of current fiscal

In its earlier assessment, India Rating had estimated the system-wide credit cost floor at 1.9% and capped it at 4.4% for the second half of FY19 and whole of FY20

SBI to adopt repo rate as external benchmark for all floating rate loans from 1 October

State Bank of India on Monday said it will adopt repo rate as the external benchmark for all floating rate loans for MSME, home and retail loans, from 1 October, 2019

PNB, Allahabad Bank launch retail loan products linked to RBI repo rate; move will make loans cheaper

Leading state-owned lender Punjab National Bank and Allahabad Bank on Tuesday announced linking of their retail loans with the Reserve Bank's repo rate, which will make loans cheaper

At 10.8%, growth in infra credit is back to FY15 levels; economy is riding on the back of govt spending

Its not just infrastructure loans, overall lending to industry too has shown a reviving trend after staying in the negative for two consecutive years.

Bank of Baroda slashes lending rate by 10 basis points; move will make home, auto and other loans cheaper

State-owned Bank of Baroda (BoB) on Tuesday cut benchmark lending rate by 0.1 percentage points, a move that would make home, auto and other loans cheaper

ICICI Bank plans to grow retail loan portfolio in Tamil Nadu by over 40% to Rs 13,000 cr during current financial year

"There is a big opportunity for us to grow the loan book by 40 percent (in Tamil Nadu). We are targeting to disburse Rs 13,000 crore in FY19," ICICI Bank, Executive Director, Anup Bagchi said.

RBI advises banks to make Aadhaar card linkage mandatory for crop loans

To ensure hassle-free benefits to farmers under interest subvention scheme, the banks are advised to make Aadhaar linkage mandatory for availing short-term crop loans in 2017-18

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

PSU banks cut rates on retail loans, but you should be wary

Dena Bank Ltd has a home and car loan combo deal where home loan will be a 10.25 percent while car loan would be 11.75 percent. While the bank's corporate salary account holders would get consumer durables at a discount of 100 basis, at 12 percent.<br /><br />

Why HDFC Bank's dip in profit growth may be only a blip

Emkay has retained its 'Accumalate' call with a target price of Rs 760 as it believes the structural growth largely remains intact in terms of robust margins, better than industry credit growth, superior capital profile and robust provisions.<br /><br />