In his first month as Indian Bank's CEO, Binod Kumar aims to reshape the lender's credit focus amid concerns over personal ...
Under the proposed norms, MSME borrowers will benefit from these provisions up to an aggregate sanctioned loan limit of ₹7.50 crore per borrower. This move is expected to support small businesses by ...
In a significant move to alleviate the financial burden on borrowers, the Reserve Bank of India (RBI) has unveiled draft ...
RBI proposes scrapping foreclosure charges on loans for THESE borrowers; Will this ease loan burden?
RBI’s draft norms state that loans granted for business purposes to individual borrowers will also be free of the existing ...
The RBI's draft guidelines propose removing prepayment penalties on floating-rate loans for retail and MSME borrowers, ...
Lenders will also not charge foreclosure or prepayment penalties to individual borrowers for loans sanctioned for business ...
Inc42 picked up nine leading fintech startups that are transforming loan accessibility for businesses and driving innovation ...
Indian banks are facing renewed pressure on their net interest margins (NIMs) as interest rates are expected to decline ...
So, deposit growth should pick up in the near term, as people may lock in higher-term deposit rates due to the start of the ...
Ranchi successfully organized a home loan and vehicle loan expo at Children's Park, Kadru, Ranchi on Thursday in which loans worth Rs 106 crore were distributed among 152 customers. The event was ...
This points to robust credit demand and resilience of the economy, say industry executives, reports The Economic Times.
The banking sector is expected to see a subdued profit after tax (PAT) growth of 6 per cent in FY25 and 4 per cent in FY26, ...
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