Raghuram Rajan explained that loans under Modi government's popular flagship scheme Pradhan Mantri Mudra Yojana and the Kisan Credit Card needed to be examined \"more closely\" for potential credit risk.

In a critique of the March 2018 report of the Parliamentary standing committee on energy, CFA has stated that the recommendations suggested by the Committee to address the problem of stressed assets in power sector fall short of addressing the problem in an effective manner.

Citing government officials, a Reuters report claims that the Japan-backed $17 billion project is likely to miss its December deadline to acquire land due to protests by fruit growers in Maharashtra.

P2P lending promises high yields in a low-interest-rate environment. But credit risk is a problem.

India's largest public sector lender, the State Bank of India (SBI) on Thursday raised the key one-year marginal cost of funds based lending rate (MCLR) by 20 basis points to 8.15 per cent from 7.95 per cent. The new MCLR will be effective from today.

Agency sources say it'll be \"very difficult\" for these 31 banks to recover the additional Rs 5,280-crore loan offered to Gitanjali. The Mehul Choksi-owned company, along with Nirav Modi's Firestar Diamond, is already being investigated for the biggest banking fraud in India.

Days after the CBI booked a Delhi-based diamond jewellery exporter for Rs 390 crore fraud at the Oriental Bank of Commerce (OBC). The agency is now probing a case of another case of fraud at OBC allegedly involving Punjab Chief Minister Captain Amarinder Singh's son-in-law. 

Religare promoters Malvinder and Shivinder Singh have now been accused of \"diversion, siphoning and digression of assets\" in a lawsuit filed in the Delhi High Court

RCom owed nearly one-fourth of its $7 billion total secured debt to CDB, its biggest foreign lender.