Business  /  Published 15.01.21

Bad bank plan gets support

Union Budget 2021-22 is expected to provide a road map to the banking sector to help it tackle rising bad loans, characterised in banking parlance as non-performing assets (NPAs). The measures being c...
By R. Suryamurthy in New Delhi

Opinion  /  Published 14.01.21

Stress rises: RBI red flag on bad loans

The Reserve Bank of India has raised a red flag for the banking industry with an early warning that the stack of bad loans could rise to alarming levels once it starts to roll back the post-pandemic r...
By The Editorial Board in

Business  /  Published 14.01.21

Lens on online loans

The Reserve Bank of India (RBI) on Wednesday formed a working group to study all aspects of digital lending activities to help it implement an appropriate regulatory framework. The move comes amid ri...
By Our Special Correspondent in Mumbai

Business  /  Published 30.12.20

RBI flag raised on bad loans

The Reserve Bank of India (RBI) on Monday cautioned the asset quality of the banking system may deteriorate sharply even as the actual amount  of bad loans remains unknown on account of a Supreme...
By Our Special Correspondent in Mumbai

Business  /  Published 18.12.20

SC reserves loan verdict

The Supreme Court on Thursday reserved its verdict on a batch of petitions seeking extension of moratorium which ended on August 31 till March 31, 2021 and waiver of interests during the moratorium pe...
By Our Legal Correspondent in New Delhi


Jharkhand  /  Published 14.12.20

From Dec. 29, farm loan waivers

The minister added that the agriculture department was also working on an export policy to provide an additional market for surplus vegetables that are grown in Jharkhand. “A few months back, w...
By Our Correspondent in Ranchi

Business  /  Published 14.12.20

Bad loan surge spook dims

After going through a difficult phase during the onset of the Covid-19 pandemic, the outlook for banks is turning positive as the economy moves towards recovery and the asset quality looks unlikely to...
By Our Special Correspondent in Mumbai

Business  /  Published 13.12.20

Loan recast on mere request

The Reserve Bank of India (RBI) on Saturday clarified that borrowers who are seeking resolution under Covid-19 related stress package need not present any resolution plan to their lending institutions...
By Our Special Correspondent in

Business  /  Published 12.12.20

Tighter scrutiny on loans

Banks are exercising caution and factoring in more information about borrowers before disbursing loans to prevent fresh credit slippages. Axis Bank CEO Amitabh Chaudhry on Friday said that the granul...
By A Staff Reporter in Calcutta

Business  /  Published 10.12.20

Maruti: online financing

Maruti Suzuki India Limited on Wednesday launched its online car financing platform “Smart Finance” which will have multiple financiers on board. The platform will offer online finance so...
By Our Special Correspondent in Calcutta


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