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FRESH LOAN SANCTIONS
Rupee slide pushes overseas students back to lenders for top-up loansA significant rupee depreciation has forced Indian students studying abroad to seek top-up loans from lenders, as initial loan amounts fall...
India’s first choice for cars is going second-handIndia’s car market is shifting gears: why stretch for a new hatchback when a used SUV gets you further? A booming pre-owned market is redef...
IDFC First Bank receives Rs 514.82 crore insurance payout on microfinance defaults, expects full provision write-backIDFC First Bank has successfully secured a substantial allocation of over Rs 500 crore from the Credit Guarantee Fund for Micro Units. This...
Bengal gets Rs 3,000 cr for healthcare revamp, Ayushman Bharat card rollout from July: SuvenduWest Bengal's healthcare sector is set for a major upgrade with Rs 3,000 crore sanctioned by the Centre. Ayushman Bharat health insurance c...
Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
Banks seek RBI relief on InvIT lending rules, warn 3-yr track record rule may slow infra monetisation & fresh fundingBanks have asked the Reserve Bank of India to relax new lending rules for Infrastructure Investment Trusts. The proposed three-year operati...
Stocks in news: JSW Steel, ZEE, Adani Enterprises, Vodafone Idea, Eicher MotorsIndian markets saw a volatile Monday, ending nearly flat due to global weakness and economic worries. Analysts suggest Nifty is consolidati...
Loans likely to cross Rs 1 lakh cr milestone in FY27: IRFC CMDIndian Railway Finance Corporation (IRFC) aims to sanction Rs 1 lakh crore in loans this financial year, with plans to raise Rs 70,000 cror...
Former Yes Bank CEO Rana Kapoor, Sudhir Valia booked in a fraud case by the Mumbai PoliceMumbai Police have filed a fresh FIR against former Yes Bank co-founder Rana Kapoor and investor Sudhir Valia for an alleged ₹1,000-crore f...
As India grows richer, banks will have to adjust to thinner margins: Indian Bank CEOIndian Bank's chief Binod Kumar expects interest rates to rise and net interest margins to fall as India develops. He plans to raise capita...
Kerala Financial Corporation loan assets cross record Rs 5000 crore"KFC has achieved the highest growth among the Government owned State Financial Corporations (SFCs) in India. This important achievement wa...
Interest rates transmission improved during 2019-20, according to RBI reportThis was catalysed by the mandated linking of the interest rates on new loans to certain sectors such as personal and micro, small and medi...
I-T begins to scan books of 78 companies linked to family of Rana KapoorIn fresh trouble for Yes Bank cofounder Rana Kapoor, the Income-Tax (I-T) department has started to look into the books of 78 companies lin...
PFS okays fresh loans of Rs 825 crore for clean energyPTC India Financial Services today said it has sanctioned fresh loans of Rs 825 crore to expand its renewable energy portfolio.
- Fresh credit flow from banks shrinks
Fresh loan sanctions of public sector banks to some sensitive sectors of economy such as housing, auto and industry have come down on a for...
- Banks get nod to sanction TUF loans
The ministry of textiles on Friday withdrew its directive to banks and financial institutions stopping sanction of fresh loans under the Te...
- Textile cos find going TUF after stoppage of scheme
The Tirupur Exporters’ Association has expressed disappointment over the circular issued by the office of Textile Commissioner, Mumbai, ask...