External benchmarks for retail loans can pose risk for banks, for now
While retail loans like credit cards and personal loans are growing, consumers are concerned about banks not being able to pass on interest ...
Tag: Banks
PSU banks’ loan portal off to a flying start
BENGALURU: PSBLoansin59minutes.com, an online loan approval platform connecting public sector banks with small and medium enterprises (SMEs), has become the largest “online ...
Essar Steel bankruptcy: Standard Chartered Bank’s petition raises transparency issue, says experts
The Standard Chartered Bank's petition against Essar Steel's Committee of Creditors (CoC) at the National Company Law Tribunal (NCLT) raises ...
Public sector banks write-off bad loans worth Rs 1.2 lakh crore in 2017-18
Leaving no doubt that India's public sector banks are in a big mess, an official data claims these struggling PSBs ...
Australia banks confess to misconduct as inquiry focuses on small business loans
Australia's banks were revealed on Monday (May 21) to have engaged in a wide range of misconduct, with a powerful ...
Strengthening Public Sector Banks Is Top Priority, Says Arun Jaitley
New Delhi: Having implemented the Goods and Services Tax (GST), Finance Minister Arun Jaitley today said strengthening the public sector ...
Gujarat Tops World Bank’s Ease of Doing Business Index Among States
NEW DELHI: Gujarat was ranked on the top today, among states, on the ease of doing business index prepared by the ...
Soured loans of big banks up anew in October
A loan that is non-performing is in default or close to being in default if the debtor has not made ...
Insurer Aviva India Turns To PSU Banks On Recapitalisation Plan Boost
Aviva Plc's India life insurance joint venture is raising its exposure to the country's state-run banks as it bets the ...
