Credit growth signals economic strength: Finance MinistryNon-food credit growth in FY26 stood at 15.9% against 10.9% in the corresponding period last year. The aggregate credit outstanding in Marc...
06 May, 2026, 12.52 AM IST
Banks record robust 15.9% credit growth in FY26: Finance MinistryIndian banks saw strong credit growth of 15.9 percent in the 2025-26 fiscal year. This reflects a vibrant economy and high demand for loans...
05 May, 2026, 09.46 PM IST
Gross NPAs of public sector banks at Rs 3.16 lakh crore, over 3% of outstanding loansPublic sector banks held Rs 3.16 lakh crore in gross non-performing assets (NPAs) as of September 30, representing 3.09% of outstanding loa...
10 Dec, 2024, 05.08 PM IST
Acre ARC wins bid to take over Essel Groups' bad loansAcre ARC, backed by Ares SSG, has won bids to acquire ₹1,350 crore of debt from Essel Group and ₹2,613 crore of retail and SME loans from J...
06 Dec, 2024, 12.07 AM IST
IOB to sell 92 NPA accounts having Rs 13,472 cr loan outstandingIndian Overseas Bank to e-auction 92 non-performing loans worth Rs 13,471.68 crore. Loans include consortium arrangements, NCLT cases, sole...
05 May, 2024, 08.59 PM IST
HDFC invokes pledge on Ansal Housing's sharesHDFC said Ansal Housing's turnover for the year ended March 31, 2021, was Rs 139.03 crore and its net worth is Rs 170 crore.
04 Aug, 2021, 01.02 PM IST
Sebi asks cos to disclose loans and guarantees given by themThe move is aimed at bringing transparency and strengthening disclosures about such loans and guarantees, Sebi said.
01 Jun, 2021, 06.37 AM IST
Sterling and Wilson Solar Q1 results: Profit falls 62% to Rs 17 croreThe total income of the company fell to Rs 1,099.38 crore in the quarter under review, from Rs 1,309.34 crore a year ago, the filing said.
16 Sep, 2020, 10.27 AM IST
Individual borrowers may find it hard to repay loans on time amid coronavirus outbreak: AssochamBasing its analysis on the latest RBI data, Assocham said housing, vehicle loans and credit card segments formed the major chunk of the per...
23 Apr, 2020, 09.59 PM IST
RBI raises FPI's limit in govt bonds by Rs 14,200 croreForeigners can own 5 per cent outstanding of central government bonds.
29 Sep, 2017, 08.33 AM IST
Norms for loan recast under S4A relaxedThe changes in the Scheme for Sustainable Structuring of Stressed Assets is based on the experience gained as well as feedback received fro...
11 Nov, 2016, 02.25 PM IST
Banks warm up to block sale of bad loans to asset reconstruction companiesIn the first quarter of this year, banks off-loaded Rs 30,000 crore of outstanding loans that are classified as stressed loans.
04 Jul, 2014, 05.07 AM IST
- SKS Microfinance employees swindled Rs 1.6 cr in FY11: Auditors
The auditors have also brought under its lens 205 cases where loans were disbursed to non-existent borrowers on the basis of fictitious doc...
06 Jul, 2011, 02.02 PM IST
- GE Capital Transportation sells Rs 1,520 cr loan assets
US conglomerate GE's Indian arm GE Capital Transportation Financial Services Ltd on Friday said that the company has sold loan assets aggre...
05 Sep, 2008, 08.31 PM IST
- Andhra Pradesh accounts for 13% of country’s outstanding farm loans
There may be disparate opinions as to how the waiving of agricultural loans will affect the finances of the country’s commercial banks.
10 Mar, 2008, 04.05 AM IST
- Centre's share in state debt kitty declines, mkt loan rises
In 2006-07 budgets, most of them had emphasised on fiscal consolidation and talked of both revenue augmentation and expenditure containment...
08 Jan, 2007, 03.54 AM IST
- Housing loan's share in outstanding bank credit rises to 11%
New Delhi has barred them from raising the interest rate on housing loan but has allowed their counterparts in the private sector to increa...
16 Aug, 2006, 12.30 AM IST