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No bubble in retail loans: SBI chief Arundhati Bhattacharya on Raghuram Rajan remarks

No bubble in retail loans: SBI chief Arundhati Bhattacharya on Raghuram Rajan remarks

Within days of Reserve Bank Governor Raghuram Rajan expressing concerns on banks' aggressive retail play at the cost of infra financing, SBI Chairman Arundhati Bhattacharya Monday said there is no bubble-like situation in the consumer lending segment.

RBI questions banks for lending Rs 5,262 crore to REI Agro

RBI questions banks for lending Rs 5,262 crore to REI Agro

RBI has questioned the decision of a 21-bank consortium led by UCO Bank to extend a staggering Rs 5,262-crore loan to Kolkata-based rice trading firm REI Agro which was found to be involved in fraudulent activities.

 PSBs' loan growth to remain muted at 9% till FY19: Report

PSBs' loan growth to remain muted at 9% till FY19: Report

Loan growth of state-run banks is likely to be remain at a low 9 percent over the next three years due to their limited availability of growth capital, warns a report. 

Court directs Vijay Mallya to appear in a FERA violation case, cancels exemption

Court directs Vijay Mallya to appear in a FERA violation case, cancels exemption

A Delhi court on Saturday cancelled the exemption granted to liquor baron Vijay Mallya from personal appearance in a case lodged for allegedly evading summons in connection with a FERA violation case.

Indian banks' loans rose 9.4% in two weeks to June 24: RBI

Indian banks' loans rose 9.4% in two weeks to June 24: RBI

Indian banks' loans rose 9.4 percent in the two weeks to June 24 from a year earlier, while deposits rose 9.7 percent, the Reserve Bank of India`s weekly statistical supplement showed on Friday.

 

ECB launches new round of ultra-cheap loans for banks

ECB launches new round of ultra-cheap loans for banks

The European Central Bank on Wednesday launched a new round of ultra-cheap loans for banks in a fresh move to kick-start sluggish credit in the single currency area. 

HDFC Bank offers EMI relief to borrowers, cuts lending rate by 0.05%

HDFC Bank offers EMI relief to borrowers, cuts lending rate by 0.05%

Private sector HDFC Bank has cut lending rate by 0.05 percent, a move which will lower EMI for its new borrowers.

Stand Up India Scheme to benefit at least 2.5 lakh SC/ST, women entrepreneurs

Stand Up India Scheme to benefit at least 2.5 lakh SC/ST, women entrepreneurs

The Scheme envisages extending bank loans between Rs 10 lakh and Rs 1 crore for setting up greenfield enterprises by scheduled caste/scheduled tribe and Women entrepreneurs and also extending effective handholding support to them.

 

RBI proposes to regulate peer-to-peer lending sector

RBI proposes to regulate peer-to-peer lending sector

RBI on Thursday released a consultation paper on peer-to-peer (P2P) lending, in order to bring the sector under its purview, by proposing a minimum capital requirement of Rs 2 crore for the players and barring them from promising extraordinary returns.

RBI trims list of firms needing bad loan provisioning: Report

RBI trims list of firms needing bad loan provisioning: Report

The RBI has dropped 20 companies including Jaiprakash Associates Ltd and Coastal Energen Pvt Ltd from the initial list of 150 firms for which banks were asked make provision.

Loan default: SC says big defaulters escape while farmers are penalised

Loan default: SC says big defaulters escape while farmers are penalised

The Supreme Court on Tuesday favoured making public the total amount of outstanding loans given by banks to various individuals and entities and running into lakhs of crores of rupees as per the information provided to it by RBI in a sealed cover.

Supreme court peruses RBI list of loan defaulters of over Rs 500 crore

Supreme court peruses RBI list of loan defaulters of over Rs 500 crore

The apex court further said it will examine if total amount of defaulted loans running in crores can be disclosed.

RBI sees 7.6% growth in FY17 on favourable monsoon

RBI sees 7.6% growth in FY17 on favourable monsoon

 The Reserve Bank today said it expects the economy to grow by 7.6 percent in the current fiscal on the back of favourable monsoon, a notch lower than the upper end of government's range of 7-7.75 percent.

First RBI Monetary Policy Review of FY 16-17: Key Highlights

First RBI Monetary Policy Review of FY 16-17: Key Highlights

Know the key highlights of RBI's first bi-monthly monetary policy statement, 2016-17.

RBI Monetary Policy Review: Full Text

RBI Monetary Policy Review: Full Text

Read the full text of RBI's first Monetary Policy Review of financial year 2016-17.

LIVE RBI Monetary Policy Review: Part of investigative team looking into Panama leaks, says Raghuram Rajan

Zee Media Bureau

The Reserve Bank of India on Tuesday slashed repo rate by 0.25 percent to 6.50 percent in its first bi-monthly monetary policy review.

RBI credit policy review: Raghuram Rajan surprises with hike in reverse repo rate

RBI credit policy review: Raghuram Rajan surprises with hike in reverse repo rate

But in a surprise move, the RBI also raised the reverse repo - or the rates lenders charge to the central bank - by 25 basis points to 6.0 percent, while taking measures to ensure more availability of cash in the banking system.

RBI monetary policy: Raghuram Rajan cuts interest rate by 0.25%; auto, home loans to be cheaper

RBI monetary policy: Raghuram Rajan cuts interest rate by 0.25%; auto, home loans to be cheaper

The Reserve Bank of India on Tuesday cut its policy rate by 0.25 percent while unveiling its first bi-monthly policy review for this fiscal, paving way for cheaper home and auto loans.

 

Sensex trips 125 points ahead of RBI policy

Sensex trips 125 points ahead of RBI policy

 Domestic investors were cautious ahead of Reserve Bank's monetary policy meet as the market benchmark Sensex dropped over 125 points in early trade while Asian cues were muted on overnight losses in US and fall in oil prices.

RBI's credit policy review today: What to expect

RBI's credit policy review today: What to expect

The RBI is also expected to say that it is retaining its "accommodative" stance, raising the prospect of another 0.25 percent rate cut later this year.