SEBI working on reporting platform for debt securitisation: RBI
India`s market regulator is working on a platform for reporting securitisation deals, Reserve Bank of India deputy governor R Gandhi said on Tuesday.
Jul 14, 2015, 11:42 AM IST
Greece vows pension, tax reforms from next week in return for loan
Greece on Wednesday promised it would start pension and tax reforms next week, as demanded by creditors, in return for a three-year eurozone loan to drag its financial system back from the brink of collapse.
Jul 08, 2015, 18:05 PM IST
Amazon looks to offer loans to sellers in China, seven other countries
Amazon.com Inc will start a business loan programme for small sellers in the United Kingdom on Tuesday and is looking to launch it this year in seven more countries including China.
Jun 30, 2015, 08:09 AM IST
India to tighten screws on banks' ''window dressing'' of accounts
India`s government is set to overhaul annual targets for public sector lenders this month, ending a focus on size that has long encouraged banks to inflate their loans and deposits at the year-end to hit growth objectives.
Jun 09, 2015, 01:27 AM IST
RBI allows banks to takeover ownership of stressed firm
Providing more teeth to lenders, RBI Monday allowed banks to take control of debt-laden companies by converting loans into equity, if a debt restructuring fails to revive them within a stipulated timeframe.
Jun 08, 2015, 21:50 PM IST
Banks should desist from evergreening of loans: Yashwant Sinha
Former Finance Minister Yashwant Sinha on Friday cautioned banks to desist from blatant evergreening of loans or restructuring of debts as it was not good for the health of financial sector.
Jun 05, 2015, 17:28 PM IST
Now, apply for SBI loans online
Customers can now apply online for home, car, education and personal loans from the State Bank of India (SBI).
May 30, 2015, 13:31 PM IST
NHPC plans to raise up to Rs 3,975 cr from domestic market
State-owned NHPC is planning to raise up to Rs 3,975 crore from the domestic market through loans and tax-free bonds.
May 26, 2015, 17:04 PM IST
Vedanta to refinance loans worth $1.6 bn in Indian markets
Minerals and mining major Vedanta is eyeing the expected low interest rates in India to refinance its short-term loans of up to USD 1.6 billion (about Rs 10,200 crore) with long-term options in this fiscal ending March 2016.
May 17, 2015, 14:46 PM IST
Bad loans to rise to Rs 4 lakh cr for banks: Crisil
Asset quality woes of banks may turn worse for banks, with their gross non-performing assets (NPA) expected to rise by Rs 60,000 crore in the current fiscal to Rs 4 lakh crore, credit rating firm Crisil said Tuesday.
May 12, 2015, 23:46 PM IST
Air India extends date to accept the bid through ECB till May 7
Air India has extended by one week the date to accept the bid by foreign banks and financial institutions offering loan to the national carrier which aims to raise USD 300 million through external commercial borrowing (overseas loans) to meet its working capital requirements.
Apr 29, 2015, 23:02 PM IST
ECB policies working as loans to private sector grow again
Loans to the private sector in the euro area, a gauge of economic health, have started growing again, suggesting the European Central Bank`s monetary policy is beginning to work, ECB data showed Wednesday.
Apr 29, 2015, 18:23 PM IST
Under PSL norms, bank loans to farmers to touch Rs 85,000 cr: SBI
The new priority lending norms issued by the Reserve Bank will ensure a 40 percent increase in credit flow to the under-funded segment of small and marginal farmers at Rs 85,000 crore this fiscal, the economic research department of SBI said Tuesday.
Apr 28, 2015, 21:42 PM IST
HDFC Bank sees strong loan growth after profit rises
HDFC Bank expects to grow loans faster than the banking sector during the financial year to March 2016, Paresh Sukthankar, deputy managing director at the lender, told reporters.
Apr 23, 2015, 17:27 PM IST
RBI warns companies, banks on unhedged forex loans
Reserve Bank Governor Raghuram Rajan Tuesday warned companies against keeping their foreign currency exposures unhedged, saying they might face "big risk" in case of change in the monetary policy globally.
Apr 07, 2015, 21:43 PM IST
Rajan takes on SBI, says no relevance between CRR and cheaper loans
RBI Governor Raghuram Rajan Tuesday dismissed the demand made by SBI for a reduction in cash reserve ratio (CRR) prior to the policy, as "irrelevant", saying there is no correlation between lower CRR and cheaper loans.
Apr 07, 2015, 19:36 PM IST
HC asks DGCA not to de-register SpiceJet planes till April 6
The airline had moved the High Court seeking orders to DGCA not to de-register its six aircraft leased from two lessors.
Mar 25, 2015, 16:11 PM IST
ICICI Bank plans special vertical for NPA recovery
With bad loans continuing to be a problem, ICICI Bank is reportedly planning to re-start a special vertical to handle such assets.
Mar 10, 2015, 00:08 AM IST
RBI eases norms for home loans for up to Rs 10 lakh
Giving a boost to affordable housing, the RBI Thursday eased the norms for home loans for up to Rs 10 lakh by allowing banks to include stamp duty and registration charges to the cost of a unit.
Mar 05, 2015, 21:57 PM IST
RBI keeps rate unchanged; hopes banks will cut lending rates
Awaiting cues from the Budget, RBI Governor Raghuram Rajan left interest rate unchanged saying there was no case for a reduction now.
Feb 03, 2015, 22:41 PM IST
