India’s small business credit landscape is evolving rapidly: CRIF High Mark–SIDBI reportIndia's small business credit environment is strengthening, with aggregate exposure reaching ₹46 lakh crore, a 16.2% year-on-year growth.
Government plans credit guarantee scheme to ease MFI stressThe scheme would encourage banks to lend to microfinance institutions (MFIs), especially the smaller ones, which are facing liquidity crunc...
Centre approves road projects worth Rs 44,771 crore for OdishaThe Centre has approved road projects worth Rs 44,771 crore for Odisha, including the improvement of national and state highways and a new ...
October’s festive sale blitz fails to glam up consumer durable lending marketIn the midst of a holiday shopping boom, the pulse of consumer lending remains surprisingly subdued. Financial institutions are clamping do...
Centre approves Rs 803 crore for 152 road projects in DelhiThe Central government has sanctioned Rs 803 crore for 152 road projects in Delhi. This funding, under the Central Road and Infrastructure ...
Over 1,600 km roads built in Ladakh since UT status in 2019: Govt tells Lok SabhaSince becoming a Union Territory in 2019, Ladakh has significantly improved its road infrastructure, constructing approximately 1,670 kilom...
No more fixed highway targets, states can prioritise projectsThe Ministry of Road Transport and Highways is shifting its strategy by collaborating with states on floating targets for highway construct...
Nitin Gadkari announces projects worth Rs 2,200 crore in Maharashtra, Telangana, Andhra and GoaMinister Nitin Gadkari has sanctioned significant funds for road infrastructure projects, including Rs 809.77 crore for NH 63 in Maharashtr...
Govt sanctions Rs 1,170 crore for road projects in Ladakh: Union Minister Nitin GadkariNitin Gadkari has announced that the government has approved Rs 1,170.16 crore for 29 road projects in Ladakh. The funds will cover various...
Private sector banks aggressively lend to MSMEs, according to RBI's latest FSRThe number of fresh borrowers at 67.61 lakhs for private sector banks under the government's ECLGS scheme is three times the fresh borrower...
Pvt banks more than triple their share in loans sanctioned to MSMEsMany private sector banks started cutting their exposure to small businesses when the pandemic broke out but with govt guarantees coming in...
Private banks treble share in small biz loan to 70%Before the pandemic, many private sector banks had turned cautious on loans to small businesses and started cutting their exposure as soon ...
UP, Delhi, Karnataka leading states in EV sales: GovtGadkari said the Ministry of Heavy Industries formulated a scheme namely Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles ...
Regulatory efforts to boost credit fail as loan sanctions plunge 28%The data showed that housing, property and auto loan segments were the worst hit. Housing loan sanctions declined by 30% to Rs 45,000 crore...
NBFC credit falls to Rs 1.79 lakh crore at the end of June versus Rs 2.49 lakh crore of MarchOn a year-on-year comparison the fall in sanctions was steeper at 30%.
Costly education: Study loan size got bigger in FY18Loan disbursals climbed 9.25% in FY18 to touch a portfolio size of Rs 82,600 crore as of March 2018, said a report by credit bureau CRIF Hi...
Banks wary of rising NPAs from education loans, go slow on lendingLenders faced most NPAs in the loans up to Rs 4 lakh which forced them to go slow on disbursement making the deserving students suffer.