Lending: Latest News and Updates, Top Stories, Videos, Photos About Lending

RBIs New Guidelines to Boost Government Securities Market

Reserve Bank of India's new guidelines aim to deepen the bond market by facilitating lending and borrowing in government securities, enhancing market depth, liquidity, and efficient price discovery....

Key Takeaways From RBI Governor's Measures Announced On May 5, 2021

At a time when 6 states contribute to most Covid 19 cases and the threat continues unabated, the RBI has come forth and extended relief for the various stakeholders. Here are the key takeaways from the ShaktiKanta Das unscheduled announcement made today:{photo-feature}...

Banks' Stressed Assets Position To Improve By March: SBI Chairman

On Saturday SBI Chairman Rajnish Kumar said that by the end of the ongoing fiscal year, banks will be better off in respect of non-performing assets. Also, at the same time, he points out that there is no liquidity crisis ...

Working Capital For Auto Companies May Get Costlier

Auto companies amid slowdown in the sector might see another blow as the leading lender has proposed a higher collateral. In its recommendation, SBI proposes collateral of 25% over and above the inventory on issuance or increase of loans. In an ...

ICICI Bank, PNB And Central Bank Lower Lending Rates

On Monday, ICICI Bank, Central Bank of India and PNB after the RBI's repo rate cut last month reduced their MCLR rate across tenures. The internal benchmark or MCLR has been cut by 10 bps to 8.65% for one year ...

NBFCs And MFIs Loan Borrowers To Be Charged This Much Interest Rate

On Friday, the RBI said, "The applicable average base rate to be charged by non-banking financial companies and microfinance institutions (NBFC-MFIs) to their borrowers for the quarter beginning July 1, 2019, will be 9.18 per cent." And so with effect from ...

RBI Removes 3 Banks From PCA Framework

The Reserve Bank of India has removed three banks including Allahabad Bank, Corporation Bank and Dhanlaxmi Bank from the prompt corrective action (PCA) framework that is invoked against banks with higher NPA level and insufficient capital, , subject to certain conditions ...

State-run Banks To Set Up Common Portal For Lending At Competitive Rates

As per a leading business daily report, PSBs in order to augment the scale of financial inclusion is mulling over the proposal to set up a common platform that offers loans of various types on an instant basis and at competitive ...

Few Assets That Increase Your Net Worth

Net worth of an individual is much more to account for than his individual bank balance and liabilities minus assets in totality adds up to your net wealth. So, if you are one of those who wants to add up ...

RCap To Increase Lending To SMEs And Consumers In Next 3 Years

Reliance Capital said today that it will increase its lending to almost three times to SMEs, consumer finance to as much as Rs. 50000 crore in the coming three years time. In a analyst concall, the company carved out its ...

RBI tightens norms for lending against gold jewellery

MUMBAI: Seeking to keep demand of gold under check, the Reserve Bank of India has tightened norms for loans against pledge of gold jewellery. "In order to standardise the valuation and make it more transparent to the borrower, it has ...

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