Last Updated: Thursday, April 03, 2014, 17:40
Fair trade watchdog CCI has dismissed allegations that public sector lender SBI abused its dominant market position by imposing unreasonable and unfair conditions on car loan borrowers.
Last Updated: Wednesday, April 02, 2014, 18:05
State Bank of India on Wednesday extended the last date for special home loan scheme offering concessional rate to women borrowers.
Last Updated: Thursday, December 19, 2013, 17:31
Two biggest housing financiers SBI and HDFC on Thursday cut home loan rates by up to 0.4 percent for new borrowers, a day after the Reserve Bank kept its key policy rates on hold.
Last Updated: Wednesday, October 30, 2013, 12:30
Joining banks in naming and shaming wilful loan defaulters, non-banking finance companies (NBFCs) have also begun publishing photographs of such borrowers and their guarantors in newspapers.
Last Updated: Tuesday, October 01, 2013, 21:46
Seeking to promote financial inclusion, Finance Minister P Chidambaram today called upon banks to focus on poor customers who are more trustworthy and "bankable" as compared to large borrowers.
Last Updated: Thursday, September 26, 2013, 11:58
Many economists expect further rate increases, raising the prospect of more pain with more than half of India's top 500 companies carrying short term debt in excess of the cash on their books.
Last Updated: Thursday, June 06, 2013, 16:43
Seeking to push investment to boost growth, Finance Minister P Chidambaram on Thursday asked banks to pass on the RBI's rate cut benefit to both retail and corporate borrowers.
Last Updated: Tuesday, October 23, 2012, 15:19
Finance Minister P Chidambaram on Tuesday asked banks and financial institutions not to hesitate in giving loans to the poor, saying they are honest borrowers and do not default on payment.
Last Updated: Tuesday, April 17, 2012, 15:41
Providing relief to home loan borrowers, the Reserve Bank on Tuesday asked banks not to levy any penalty on pre-payment of loans taken on floating rate.
Last Updated: Wednesday, September 07, 2011, 23:19
The Reserve Bank Wednesday allowed authorised dealer category banks to approve proposals of ECB borrower to change their lenders.
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