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Less than 2% loan outstanding against Vijay Mallya recovered so far

Less than 2% loan outstanding against Vijay Mallya recovered so far

Public sector banks have been able to recover only a fraction of the more than Rs 8,000 crore loan outstanding against embattled businessman Vijay Mallya, Parliament was informed on Tuesday.

Have become a political football between two major Indian political parties as evident in election speeches: Vijay Mallya

Have become a political football between two major Indian political parties as evident in election speeches: Vijay Mallya

Vijay Mallya, the beleaguered liquor baron who co-owns the Force India Formula One team, said on Wednesday that Indian authorities had no grounds to extradite him from Britain and he would not be leaving.

IDBI Bank Q3 loss widens to Rs 2,255 crore as bad loans soar

IDBI Bank Q3 loss widens to Rs 2,255 crore as bad loans soar

Public sector lender IDBI Bank's net loss widened further to Rs 2,254.96 crore in the third quarter of 2016-17 due to higher provisions for rising bad loans and fall in income.

IDBI Bank reduces MCLR by up to 0.35%; effective February 1

IDBI Bank reduces MCLR by up to 0.35%; effective February 1

State-run IDBI Bank Monday said it has reduced its marginal cost of funds based lending rate (MCLR) by 30-35 basis points across various tenors, effective February 1.

Efficiencies make HDFC Bank staff count drop by 4,581 in Q3

Efficiencies make HDFC Bank staff count drop by 4,581 in Q3

Country's second biggest private lender HDFC Bank has rationalised its staff by 4,581 employees in a single quarter courtesy efficiencies in the system and lower hiring.

Vijay Mallya Rs 9,000 cr loan case: DRT to pronounce its final verdict on Thursday

Vijay Mallya Rs 9,000 cr loan case: DRT to pronounce its final verdict on Thursday

The now-defunct Kingfisher Airlines owes over Rs 9,000 crore in loan to the SBI-led consortium of 17 banks.

Loans to be cheaper as Axis Bank cuts MCLR by up to 0.70%

Loans to be cheaper as Axis Bank cuts MCLR by up to 0.70%

Loans will soon be cheaper as country's third largest private sector lender Axis Bank on Friday cut its interest offering by up to 0.70 per cent. The latest rate cut is being seen as a move following similar moves by all the major players in the system due to high liquidity post demonetisation.

Reports on the cheap loans offered by banks | Part II

Reports on the cheap loans offered by banks. Watch this special segment and get to know more here.

Reports on the cheap loans offered by banks | Part I

Reports on the cheap loans offered by banks. Watch this special segment and get to know more here.

Rate cut bandwagon: 3 more banks slash lending rates by up to 1%

Rate cut bandwagon: 3 more banks slash lending rates by up to 1%

Three more banks including Syndicate Bank and Citi India on Friday reduced benchmark lending rates by up to 1 percent, joining others in the rate cut bandwagon.

Rate cut bandwagon: HDFC Bank, Canara Bank cut lending rates by up to 0.9%

Rate cut bandwagon: HDFC Bank, Canara Bank cut lending rates by up to 0.9%

Home and other loans are all set to be cheaper as major banks such HDFC Bank and Canara Bank joined the rate cut bandwagon by cutting lending rates up to 0.9 percent.

HDFC Bank joins rate cut bandwagon, cuts lending rates by up to 0.9%

HDFC Bank joins rate cut bandwagon, cuts lending rates by up to 0.9%

Joining the rate cut bandwagon, HDFC Bank, Wednesday lowered its lending rates by up to 0.9 percent -- which will lead to cheaper home and corporate loans.

 

Loans cheapest in 6 years: HDFC, Bank of India cut lending rates by up to 0.9%, Indiabulls follows suit

Loans cheapest in 6 years: HDFC, Bank of India cut lending rates by up to 0.9%, Indiabulls follows suit

  Housing, auto and corporate loans are all set to become cheaper with several PSU and private banks steeply reducing benchmark lending rate by up to 1.48 percent after spurt in deposits following demonetisation.

Home, auto loans cheapest in 6 years as SBI, PNB, ICICI cut lending rates by up to 0.9%, other banks follow

Home, auto loans cheapest in 6 years as SBI, PNB, ICICI cut lending rates by up to 0.9%, other banks follow

ICICI Bank on Monday reduced benchmark lending rate by 0.7 percent across various maturities.

PM rolls out slew of reforms, schemes to benefit poor; asks politicians to let go off 'holier than thou' approach

PM rolls out slew of reforms, schemes to benefit poor; asks politicians to let go off 'holier than thou' approach

Modi set out a stern warning of tough action against the "dishonest" people even as he announced a slew of sops for senior citizens, farmers, rural housing, women and small entrepreneurs to soften the blow of demonetisation.

Demonetisation: Borrowers get additional 90 days to repay loans

Demonetisation: Borrowers get additional 90 days to repay loans

In view of cash crunch being faced by borrowers, the RBI on Wednesday provided additional 90 days for repayment of housing, car, farm and other loans worth up to Rs 1 crore.

Big relief for farmers: RBI gives additional 60 days to repay crop loans

Big relief for farmers: RBI gives additional 60 days to repay crop loans

In a major relief to farmers, they will now have 60 more days to repay their crop loans due for November-December as the Reserve Bank of India (RBI) on Monday gave them an additional time to repay.

Discussion : Flop Show of RBI after new credit policy

RBI's credit policy has made no changes in EMI and disappointed common people. Watch this special segment and get to know more here.

First RBI monetary policy review after demonetisation: Urjit Patel brings no respite to borrowers; keeps interest rates unchanged

First RBI monetary policy review after demonetisation: Urjit Patel brings no respite to borrowers; keeps interest rates unchanged

Urjit Patel-led 6-member Monetary Policy Committee, which had in its first policy review cut interest rate by 0.25 percent in October, belied expectations to keep benchmark repo rate unchanged at 6.25 percent unanimously.

SBI can't disclose loans given to Adani firms: CIC

SBI can't disclose loans given to Adani firms: CIC

All records where loans have been issued to firms promoted by Gautam Adani cannot be disclosed as these are held by State Bank of India in fiduciary capacity and involve commercial confidence informed the Central Information Commission.