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Bank loan News
NHAI
06 Aug 2024
NHAI Prepays Rs 15,700 Crore Bank Loan To Save Rs 1,000 Crore Interest
The sum of Rs. 15,700 crore was generated in FY 2023-24 through InvIT. Government rules stipulate that InvIT proceeds have to be used exclusively for NHAI debt repayment.
Bank loan
06 Aug 2024
Check Out Banks That Offer Lowest Interest Rates On Rs 5-Lakh Personal Loan
Ahead Of the Raksha Bandhan, many people look for ways to fund their celebrations and big purchases. So, there could be an increase in demand for personal loans. India's leading banks are offering personal loans at discounted interest to borrowers with a good credit score and waive off processing charges. Consumers who are applying for personal loans for travelling and shop during the festive season can look at the leading banks of India. Here are the banks offering the lowest interest rates on a Rs 5-lakh personal loan, helping you find the most cost-effective borrowing options during this special time of year.
State Bank of India
07 Apr 2020
SBI cuts MCLR by 35 bps by April 10; less EMI on 30-year loan amount
The one-year MCLR comes down to 7.40 per cent per annum from 7.75 per cent per with effect from April 10, 2020, it said, adding that the one-year tenor is the benchmark against which most of the consumer loans are priced.
Sandeep Soni
11 Mar 2018
Kanpur carpenter denied bank loan despite recommendation from PM Modi
Sandeep Soni, a carpenter from Kanpur, had sought the Prime Minister's help in 2016 in securing the desired bank loan.
Passport
10 Mar 2018
PNB scam fallout: Government makes passport mandatory for loans above Rs 50 cr
Passport details of borrowers taking loans of Rs 50 crore and more have been mandatory to ensure a swift action in case of fraud and prevent fraudsters from fleeing the country, a top official said today.
Axis Bank
11 May 2017
NPA norms welcome, will force decisions: Axis' Shikha Sharma
Axis Bank MD and CEO Shikha Sharma today welcomed changes in NPA resolution as moves that will "force" decisions by cutting layers, and also said the bank is looking for one more life insurance distribution tie-up.
Bad loan
21 Oct 2016
Mounting bad loans next big challenge; stage set for take effective action on NPAs: Jaitley
Terming the mounting bad loans as "next big challenge" for the country, Finance Minister Arun Jaitley today said banks should enforce their right and recover dues in the larger interest of the economy.
Raghuram Rajan
16 Aug 2016
PSU bank employees overpaid at the bottom, underpaid at the top: Rajan
Voicing concern over state-owned banks shunning project loans, Rajan said that such projects are still profitable.
Bank loan
19 Jul 2016
Banks likely to disburse Rs 1.8 lakh cr under MUDRA in FY17
Banks are expected to disburse Rs 1.80 lakh crore as loan under Micro Units Development and Refinance Agency Yojna during the current fiscal, MUDRA CEO Jiji Mammen said on Tuesday.
Credit card
02 Jul 2016
This is how interest is calculated on credit card balance
Knowledge about how interest is calculated is an important approach towards using credit card more effectively.
Punjab Government
19 May 2016
Punjab Government has told Banks to write-off the Rs.5,000 Crore loan money
Diageo Plc
01 May 2016
Congress criticises Centre for not inquiring Vijay Mallya's transactions
Congress today made a scathing attack on the Centre "for not inquiring" various transactions of money paid to Vijay Mallya by Diageo Plc, including the USD 40 million Sweetheart deal.
Supreme Court
27 Apr 2016
Supreme Court directs Banks to improve norms for loans
00 PM for getting detailed updates!
Bad debt
26 Apr 2016
Bad debt: SC asks finance ministry to explain steps taken for recovering NPAs
SC has also asked the Finance Ministry to inform as to what safeguards it is bringing in to curb bad debt.
Vijay Mallya
30 Mar 2016
Vijay Mallya favours settlement, offers to repay Rs 4,000 crore of defunct airline loans to banks
Liquor baron Vijay Mallya on Wednesday expressed willingness in Supreme Court for a settlement by offering a proposal to pay back Rs 4,000 crore by September this year.
Vijay Mallya
30 Mar 2016
Vijay Mallya submits Rs 4,000 crore repayment plan to Supreme Court
Liquor baron Vijay Mallya on Wednesday submitted Rs 4,000 crore repayment plan to Supreme court.
Wilful Defaulter
17 Mar 2016
Government to make wilful default a criminal offence
In order to tackle the crisis on bad loans, the Centre is contemplating a revamp on loan defaulters.
Vijay Mallya
11 Mar 2016
Journalists financially aided and abetted by Mallya?
Taal thok ke
10 Mar 2016
Discussion on how Vijay Mallya was allowed to escape India-Part III
Taal thok ke
10 Mar 2016
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