In his first month as Indian Bank's CEO, Binod Kumar aims to reshape the lender's credit focus amid concerns over personal ...

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, ...

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 ...

Lenders will also not charge foreclosure or prepayment penalties to individual borrowers for loans sanctioned for business ...

The National Council on Micro, Small, and Medium Enterprises (MSMEs) has constituted a high-level committee to interface with the Central ...

More than 25 beneficiaries of central schemes such as PM-Savnidhi Mudra, PM-Vishwakarma and PMEGP, received principal ...

Intense competition among banks in the mid-sized corporate sector is leading to mispriced loans and increased risk exposure. Banks like HDFC and Kotak Mahindra are expressing concern over the trend, ...

The government’s state guarantee agency said it had signed an agreement with the Rizal Microbank, Inc., the thrift Bank of Rizal Commercial Banking Corporation, to ...

Indian banks are facing renewed pressure on their net interest margins (NIMs) as interest rates are expected to decline ...

The Federal Government, through the Central Bank of Nigeria has constituted a Presidential Committee to disburse single digit ...

Industries in Mysuru seek budgetary support for growth, infrastructure, and employment generation in pre-Budget meeting with ...