SBI SVA-Nidhi loans: Banking experts say the interest rate under street vendor is quite reasonable as there is no collateral requirement

The credit card outstanding data released by the RBI had also indicated a cautious approach. There is a negative growth of 3 per cent in the first five months of 2020-21 with credit card outstanding at Rs 1.04 lakh crore

You may consider taking on debt due to low interest rates, even in these uncertain times. The question is how much and in what ways

Dinesh Kumar Khara is taking over at a time when the overall economy is expected to shrink for the first time in the last four decades

Companies have time to approach banks for loan restructuring from September 15 till December 2020

This negative tag would come in the way of taking other loans from banks and NBFCS. In fact, the banks would be a bit skeptical in lending to such customers, or will ask for additional collateral, or provide a reduced limit

The State Bank of India (SBI) has given a 100 per cent waiver in the processing fee of personal, car and gold loans if applied for through its YONO platform

State Bank of India (SBI) has introduced a loan restructuring policy with an aim to provide further relief to home and retail borrowers amid ongoing coronavirus crisis

SBI has reasoned that it is charging this additional amount in order to offset partial cost of additional provisions required to be made by the bank. Other banks are likely to follow suit

Fintechs' ties with banks and NBFCs have come under the Reserve Bank of Indias scanner for shoddy practices. Here is the inside story

The banks' total outstanding loans to agriculture and allied activities stand at over Rs 22 lakh crore

The RBI has stated that the benefit of restructuring will be available to corporates classified as standard accounts and not in default for more than 30 days with any lending institutions as on March 1, 2020

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In his book, Patel is also critical of Mudra loans where government has set targets in the past for banks to give collateral-free loans up to Rs 10 lakh. Currently, the NPAs in the Mudra loans are one of the highest, even reaching 20 per cent-plus level for some PSBs

The American credit rating agency expects the majority of capital injection to come through in FY22, as bad loan recognition has been pushed back by a 180-day regulatory moratorium

Coronavirus lockdown has created multiple landmines in the financial services sector. This is how banks and NBFCs are preparing for life post-coronavirus

Last week when the RBI permitted banks to allow a moratorium of three months on payment of instalments on all term loans, PSBs started announcing an automatic deferral of instalment for all

Banks are passing on repo cut benefit to borrowers and tying up working capital limits to kickstart businesses

Yes Bank crisis: RBI's reconstruction scheme for the bank will not impact any action, suit, appeal or any proceeding of whatever nature pending