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Lenders News

23 Sep 2022

'Home loan balance transfer' option for lower interest rates; Details here

Customers can opt home loan transfer from one lender to another. It allows many benefits including low interest rate, low EMI, etc. New RBI guideline prohibits lenders to penalise borrowers for foreclosure.

03 May 2017

Affordable housing safer bet for lenders with under 1% NPA

With higher loan growth rate of 23 percent over almost the past five years and low delinquency rates of under 1 percent, the affordable housing segment offers strong growth opportunities for lenders, says a report.

19 Apr 2017

How does CIBIL score impact your borrowing

CIBIL (Credit Information Bureau India Limited) is credit information company in India, that gathers financial data for maintaining credit records.

03 Nov 2016

HDFC, ICICI Bank cut home loan rate by 0.15%; other lenders may follow

Setting up a tempo for other lenders to follow, HDFC and private sector lender ICICI Bank on Thursday cut home loan rate by 0.15 percent.

28 Feb 2016

Vijay Mallya's USL exit: Kingfisher Airlines lenders to move DRT

The consortium of 17 lenders to the long grounded Kingfisher Airlines have decided to move the Debt Recovery Tribunal (DRT) against the airline Chairman Vijay Mallya to stake claim on the USD 75 million severance package he will be getting for quitting United Spirits (USL).

22 Nov 2015

Lenders to sell Kingfisher Airlines' assets in e-auction

25 Sep 2014

Govt's coal supply alternative to plants key for lenders: IBA

Lenders will not be adversely affected if government delivers on its commitment on finding an alternative to ensure coal supply to power and steel plants, Indian Banks Association said on Thursday.

22 Jul 2014

RBI unveils framework for identifying systemically important banks

To reduce risk of failure of large banks, Reserve Bank on Tuesday released a framework for identifying domestic systemically important banks, which would be required to provide additional equity capital for their risk weighted assets.

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