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Borrowers with multiple personal loans a big risk to profitability of banks and NBFCs
Raging inflation is not just burning a hole in the pockets of consumers. It is also impairing the a…
RBI to act early to prevent any risk to India's fastest growth potential: Guv Shaktikanta Das
Reserve Bank Governor Shaktikanta Das on Thursday said India is one of the fastest growing major ec…
PTI
Six charts explain what the market expects from the RBI’s monetary policy review
Six charts explain what the market expects from the RBI’s monetary policy review
Bhakti Makwana and Sriram Iyer
1 in 2 micro loans are being rejected since April, thanks to RBI's new microfinance framework
One out of every two applications for small loans have been rejected ever since the Indian central …
Yes Bank Q2 net profit jumps 48% on low base; says unsecured book reporting stress
Yes Bank on Saturday reported an over 47% increase in its net profit at Rs 228.64 crore in the Sept…
Explained: How RBI’s repo rate hikes affect consumers
After a small jump in May by 40 basis points, RBI hiked the interest rate by another 50 basis in…
Retail auto sales grow 11% in September, but still below pre-Covid levels, says FADA
However, when compared to the pre-pandemic month of September 2019, sales were down 4%, FADA sai…
HDFC raises home loan interest rate by 50 basis points
The rate revision by the lender comes a day after the Reserve Bank of India raised the key lending …
HDFC raises lending rates on housing loans by 5 basis points
The hike in rates came close on the heels of central bank RBI's recent hike in repo rate by 40 basi…
HDFC hikes its benchmark lending rate by 25 basis points
Housing Development Finance Corp Ltd hiked its benchmark lending rate by 25 basis points, with effe…
RBI to increase repo rate by 45 basis points making vehicle loans expensive, says FADA
The automobile industry is still not out of the woods and the Reserve Bank of India's (RBI) move to…
RBI’s MPC could pause rate hikes in April to gauge the impact of hikes so far: SBI Research
The Reserve Bank of India’s Monetary Policy Committee (MPC) could decide to pause rate hikes when i…
Will Jio Fin follow the retail, telecom model and disrupt the financial services sector?
With the listing of Jio Financial Services, the obvious question is the impact that this entity wil…
Home loan rates are unlikely to go down any further as RBI keeps rates unchanged
Home loan rates will not be going down further as the Reserve Bank of India (RBI) has maintained th…
Bad loans of India's banks to rise to 8-9% this year, says CRISIL
The Covid-19 relief measures such as the restructuring dispensation, and the Emergency Credit Li…
RBI’s Monetary Policy Committee keeps repo rate unchanged at 6.5%, for now
The Reserve Bank of India’s Monetary Policy Committee (MPC) kept the policy repo rate unchanged at …
Repo rate hike will slow down real estate, reverse post-Covid trends, says industry body to RBI
Realtors' apex body Credai on Thursday requested the RBI not to increase the repo rate in the upcom…
PTI
After SBI, HDFC Bank issues restructuring guidelines for retail loans
Both banks are also offering to extend the balance tenure of the loan by a maximum of 24 month…
No EMI payments for six months as RBI extends moratorium on loans repayments till August 31
“In view of the extension of the lockdown and continuing disruptions on account of COVID-19, the…
InCred, KKR India Financial Services complete merger, hope to become a ‘leading’ NBFC
InCred Financial Services and KKR India Financial Services (KIFS), on Wednesday, announced that the…