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RBI PERSONAL LOAN GUIDELINES
The future of personal loans is pay for what you needTraditional loans assumed fixed needs, but modern financial requirements are often incremental. Borrowers now seek flexibility to access fu...
Kissht Q1 operating revenue rises 45% on higher loan disbursementsOperating revenue was up 8% sequentially from Rs 619 crore in the March quarter, while profit increased 16% from Rs 82 crore. Total income,...
$32 billion inflows from India's forex drive yet to boost rupeeIndia's special measures have attracted $32 billion in foreign currency inflows, but the boost has yet to significantly strengthen the rupe...
Patchy rains may hit rural lending, banks stay cautiousBankers are closely watching monsoon rains and their impact on rural credit. Uneven rainfall poses inflation risks for summer crops and rur...
SBI, HDFC Bank seek $1.7 billion overseas to boost dollar resourcesState Bank of India and HDFC Bank are raising significant dollar funds. These large Indian banks are borrowing from foreign institutions to...
These 7 private and public banking stocks have an upside of up to 29% in one year, according to analystsBroadly speaking, both private and PSU banks are impacted by what happens to the economy. There might be some difference because of the foc...
US cholesterol guidelines: Why 21.5 million more Americans may now qualify for statins as doctors shift to lifetime heart disease riskUS cholesterol guidelines statins: New US cholesterol guidelines could make 21.5 million more Americans eligible for statins by shifting th...
HSBC wins $5.5 billion of NRI deposits via leveraged strategyHSBC has mobilised about $5.5 billion in non-resident Indian deposits by offering highly leveraged loans under the RBI's FCNR(B) window, ou...
JC Flowers Asset Reconstruction Company in talks to merge into Assets CareJC Flowers Asset Reconstruction Company is in talks to merge with ACRE. This move would create one of the largest bad-loan aggregators in I...
Kotak Mahindra Bank taps HSBC and CTBC for $600-million overseas loanKotak Mahindra Bank plans a $600 million loan from HSBC and CTBC Bank. Bank of India also secured $600 million through a dual-tranche term ...
No proposal for one-time waiver of loans of small, marginal farmers: MoS FinanceThe government has no current proposal for a one-time loan waiver for farmers. The Reserve Bank of India offers financial restructuring opt...
Japan plans tougher permanent residency norms for foreigners from OctoberJapan plans to tighten permanent residency rules as early as October by introducing a minimum income threshold, pension eligibility require...
Curb risk of competition law violations being internalised as cost of doing biz: Parliament panel to CCIA parliamentary panel recommends vigorous enforcement of penalty guidelines by the Competition Commission of India. These guidelines aim to...
PNB profit to cross Rs 20,000 cr mark in FY27: MD Ashok ChandraPunjab National Bank expects its FY27 net profit to exceed ₹20,000 crore after delivering more than ₹5,000 crore in quarterly profit for fo...
Saturday bank holiday: Are banks open or closed today on July 25, 2026?Banks across India will remain closed on Saturday? Reserve Bank of India guidelines mandate banks close on second and fourth Saturdays. Dig...
India in strongest credit growth phase since 2012 on robust corporate demand: ReportIndia's credit expansion is currently its strongest since 2012. Corporate loan growth reached a thirteen-year high in May. Household loan g...
Should children take loans to repay parents' debt? A son's dilemma about clearing father's Rs 40 lakh debt leaves internet dividedA young employee's Reddit post about whether he should take a Rs 40 lakh personal loan to help repay his father's debt has triggered a heat...
Banks seek RBI clarity on collateral-free loans up to Rs 20 lakh for small businessesBanks face challenges extending collateral-free loans up to twenty lakh rupees. Some accounts are not covered by the government guarantee s...
RBI bars banks, NBFCs from selling acquired stressed assets back to defaulting borrowers, related partiesNew Reserve Bank of India norms will prevent lenders from reselling acquired assets to defaulting borrowers. These prudential rules apply t...
Personal loan application rejected? Here are 6 real reasons banks said no & a 5-step fix-it plan