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Goyal to meet bankers on Monday, to discuss bottlenecks

Last Updated: Sunday, June 22, 2014, 11:14

Goyal is also scheduled to meet the Minister of Environment and Forests Prakash Javdekar to deliberate upon the issues impacting the power and coal sectors.

RBI asks banks not to levy penalty on pre-payment of loans

Last Updated: Wednesday, May 07, 2014, 14:42

Providing relief to borrowers, Reserve Bank on Wednesday directed banks not to levy any penalty on individual borrowers for pre-paying floating loans.

Competition Commission rejects complaint against SBI

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.

SBI extends special home loan scheme for women

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.

SBI, HDFC slash home loan rates

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.

Now NBFCs 'name and shame' guarantors for loan defaulters

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.

Poor are more trustworthy and bankable, says Chidambaram

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.

Credit blues: Rate hike squeezes corporate 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.

Pass on rate cut benefit to borrowers: FM tells banks

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.

Poor are honest borrowers: Chidambaram

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.

RBI asks banks not to levy pre-payment charges on home loans

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.

RBI asks banks not to levy pre-payment charges on home loans

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.