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Government Banks Under Investigation with regards to Gold Loans

Government Banks Under Investigation with regards to Gold Loans

Fri, May 03, 2024

Strictness in government banks on gold loans, DFS gave instructions to government banks for investigation, see complete details in this video

Have funds but not paying loan? Here's what the Reserve Bank of India does with willful defaulters

Have funds but not paying loan? Here's what the Reserve Bank of India does with willful defaulters

Sat, Sep 23, 2023

The Reserve Bank of India has issued guidelines for wilful defaulters across financial institutions.

Banks Keep a Close Eye on Your Negative Comments on Social Media Platforms

Banks Keep a Close Eye on Your Negative Comments on Social Media Platforms

Mon, Sep 11, 2023

The leading banks of the country are now keeping an eye on the comments on Social Media platforms along with checking the Credit Score of the company or businessman.

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Indian banks' loans rose 5.1% in two weeks to March 31: RBI

Indian banks' loans rose 5.1% in two weeks to March 31: RBI

Fri, Apr 14, 2017

Indian banks' loans rose 5.1% in the two weeks to March 31 from a year earlier, while deposits rose 11.8%, the Reserve Bank of India`s (RBI) weekly statistical supplement showed on Friday.

Inflation impact: Say goodbye to your dreams of lower EMIs

Inflation impact: Say goodbye to your dreams of lower EMIs

Wed, Mar 15, 2017

India's wholesale and retail inflation has inched up to 6.55% and 3.65%, respectively for February 2017.

Govt rules out tax incentive beyond Rs 2 lakh for second home

Govt rules out tax incentive beyond Rs 2 lakh for second home

Sat, Feb 04, 2017

"Government resources are very very limited. The question is should the government be subsidising first-time home owners who are occupying own house or should the government be subsidising the second acquisition of the property by people who have got surplus money to invest in real estate," Adhia said while addressing industry representatives here.

Public sector banks gross NPA hits 9.83% in FY16; rises to 11.82% by September 2016

Public sector banks gross NPA hits 9.83% in FY16; rises to 11.82% by September 2016

Fri, Feb 03, 2017

For fiscal year 2015-16, the public sector banks had gross advances of Rs 51,04,915 crore, of which Rs 5,02,068 crore (9.83%) was categorised as gross non-performing assets (GNPA), cited Minister of State for Finance Santosh Gangwar in his written reply to Lok Sabha.

Budget 2017: E-commerce companies expect govt to announce policies for ease of funding, reduction in income tax, others

Budget 2017: E-commerce companies expect govt to announce policies for ease of funding, reduction in income tax, others

Tue, Jan 31, 2017

Find out what e-commerce companies expect from India's Union Budget 2017-18 which will be presented on February 1.

China banks extend record 12.65 trillion yuan in loans in 2016 as debt worries mount

China banks extend record 12.65 trillion yuan in loans in 2016 as debt worries mount

Thu, Jan 26, 2017

China's banks have extended a record 12.65 trillion yuan ($1.84 trillion) of loans in 2016 as the government encouraged more credit-fueled stimulus to meet its economic growth target.

Home sales in India to drop 30% in 2017, Fitch warns

Home sales in India to drop 30% in 2017, Fitch warns

Wed, Jan 25, 2017

Fitch Ratings on Wednesday said that property sales in India will fall by at least 20-30% in 2017 owing to demonetisation and general caution on part of the buyer.

Indian banks' loans up 5.1% year-on-year in two weeks to January 6: RBI

Indian banks' loans up 5.1% year-on-year in two weeks to January 6: RBI

Fri, Jan 20, 2017

Indian banks` loans rose 5.1% in the two weeks to January 6 from a year earlier, while deposits rose 14.7%, the Reserve Bank of India`s (RBI) weekly statistical supplement showed on Friday.

RBI survey says bank credit growth at a 'sluggish' 8.6% in June

RBI survey says bank credit growth at a 'sluggish' 8.6% in June

Tue, Nov 22, 2016

It said, "...although the credit growth in private sector banks was relatively higher. Interestingly, credit growth in rural and semi-urban areas continued to grow at a faster pace than urban and metropolitan areas."

Indian banks' loans up 10.4% in two weeks to Sept 30: RBI

Indian banks' loans up 10.4% in two weeks to Sept 30: RBI

Sat, Oct 15, 2016

Indian banks' loans rose 10.4% in the two weeks to September 30 from a year earlier, while deposits rose 11.3%, the Reserve Bank of India's (RBI) weekly statistical supplement showed on Friday.

Will commercial banks too feel the strain of rising NPAs?

Will commercial banks too feel the strain of rising NPAs?

Wed, Jul 20, 2016

“The government has taken specific measures to address issues in sectors such as Infrastructure (Power, Roads etc.), Steel and Textiles, where incidence of NPAs is high, said Santosh Kumar Gangwar, Minister of State (MoS) for Finance in a response to a question in the Lok Sabha..

Banks to disburse Rs 1.80 lakh crore loans under PMMY in FY17: Jayant Sinha

Banks to disburse Rs 1.80 lakh crore loans under PMMY in FY17: Jayant Sinha

Wed, Jun 22, 2016

Besides, loan origination system would be put in place for proper monitoring of the loans, Sinha said.

Govt fully committed to supporting banks, says FM Jaitley

Govt fully committed to supporting banks, says FM Jaitley

Mon, Jun 06, 2016

Jaitley further said, "Banks should be empowered and protected so that they can reach settlements on bad loans."

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