Loan | The Asian Age

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IDBI shares fell as much as 3.5 per cent to 73.6 rupees.

IDBI Bank discloses fraud of USD 119 million, shares fall

IDBI Bank fraudulent loans of 7.72 billion rupees were issued from 5 of its branches in Andhra Pradesh and Telangana.

28 Mar 2018 1:29 PM

In absence of passport details, banks were hamstrung in taking timely action to prevent defaulters especially wilful one from fleeing the country. (Photo: Representational/PTI)

Passport details must for loans of Rs 50 crore and above: Govt

Passport details will help banks to take timely action and inform relevant authorities to prevent fraudsters from fleeing country.

10 Mar 2018 12:29 PM

PSL norms mandate foreign banks to eventually lend 40 per cent of their total loan book to the priority sector, such as agriculture, rural infra, and MSMEs among others from April 2020. (Photo: PTI)

RBI gets tough on MNC banks, asks them to create sub-targets to meet PSL norms

All bank loans to MSMEs will now qualify under PSL without any credit cap.

05 Mar 2018 11:52 AM

The loan will finance water supply improvements and expansion in Bhagalpur and Gaya towns in Bihar.

ADB to give USD 84 million loan for water projects in Bihar

Investment programme will assist ULBs in designing affordable tariffs for operations and maintenance cost recovery.

23 Feb 2018 1:27 PM

Govt entered into an agreement with ONGC for strategic sale of its equity share-holding in HPCL.

ONGC borrows Rs 4,000 crore from ICICI Bank

Company's board has approved raising of the borrowing limit from Rs 25,000 crores to Rs 35,000 crores.

25 Jan 2018 10:33 AM

SBI is the largest of 21 lenders that are majority owned by the Indian government and together account for more than two-thirds of the nation’s banking assets.

SBI expects loan demand to rise with government spending

Next tranche of capital allocation will be strictly based on performance of banks against reform measures suggested by govt.

25 Jan 2018 10:05 AM

The generation aged between 16 to 24 has been controversially dubbed the 'snowflakes'. (Photo: Pixabay)

Survey reveals one fourth of millennials are stressed out every day

While only 31 per cent revealed that they felt mentally stimulated every day, while 46 per cent felt stressed under three times a week.

20 Jan 2018 7:19 PM

State-run carrier has already taken the delivery of 65 planes, including 12 B777-300ERs. (Photo: File)

Air India ties up with three banks for loans for 3 B777 planes

Delivery of 3 B777-300 ER planes is scheduled to be completed next month - two in January and one in February.

05 Jan 2018 9:49 AM

NPAs of PSBs rose to Rs 7.33 lakh crore as of June 2017, from Rs 2.75 lakh crore in March 2015.

Finance Ministry asks PSBs to consider selling, swapping loan assets

Swapping and selling assets will help banks to focus on their core competencies and trim their burden.

01 Jan 2018 2:33 PM

Gold, usually kept in the form of jewellery, often comes to the rescue during financial emergencies. (Photo: PTI)

Mistakes to avoid while applying for a Gold Loan

While gold loans are easily accessible, customers need to tread with caution.

26 Dec 2017 2:14 PM

Adani says will 'adjust to constraints' after Australia coal loan veto

Federal loan would have amounted to only a fraction of the overall cost of constructing the mine.

12 Dec 2017 5:34 PM

ADBs partnership with Reliance Power will help Bangladesh scale up its energy infrastructure to sustain and support the countrys economic growth.

ADB approves USD 583 mn loan facility to Reliance Power's project

ADB's support will help Reliance Power Ltd to develop an initial approximately 750 MW of gross power generation.

05 Dec 2017 2:48 PM

Steel Minister Chaudhary Birender Singh.

Steel companies have to sustain by being competitive: Birender Singh

Six guiding principles contained in progress report lay foundation for taking tangible policy actions to reduce excess steel capacity.

02 Dec 2017 6:02 PM

Adani coal mine could be complicated by a position taken by Labor during campaign to block any financing of related infrastructure.

Adani hopes for govt coal mine loan fade after Australian election

Adani is also seeking A$2 billion in outside financing to construct the first stage of the mine.

27 Nov 2017 10:13 AM

This the second time the bank has raised money from Taiwan, after a USD 130 million loan from 10 banks last year.

Yes Bank raises USD 400 million loans from Japan, Taiwan

Bank scrip was trading 0.94 per cent up at Rs 316.15 a piece on BSE at 1343 hrs, as against 0.66 per cent.

21 Nov 2017 2:10 PM

Investors are drawn by returns of 8.5-9.5 per cent compared with bank fixed deposit rates of around 6.5 per cent. (Photo: PTI).

Indian corporates find saviour in bonds as loans dry up

Banks are grappling with $145 billion in stressed loans and are leery of extending more credit to the corporate sector.

16 Nov 2017 4:20 PM

At current exchange rates, the loan would be to the tune of around Rs 3,460 crore.

Air India scouts for $535 mn loan to buy 3 Boeing planes

Disinvestment-bound carrier has reduced the required loan amount by around USD 20 million.

05 Nov 2017 4:00 PM

Net NPAs also rose to 1.04 per cent of assets as of September 2017-end as compared to 0.29 per cent in the comparable period of 2016-17.

Yes Bank shares tank nearly 10 per cent after Q2 earnings

Gross non- performing assets grew to Rs 2,720.34 crore during the second quarter of 2017-18.

27 Oct 2017 1:37 PM

Bank expanded its credit costs guidance, which denotes a jump in provisions it expects, by 0.35 per cent.

Axis Bank laggard, non-prudent in recognising NPAs: Moody's

Axis Bank which is rated Baa3 with a stable outlook by Moodys, reported a 24 per cent increase in NPAs.

26 Oct 2017 3:43 PM

RBI is in the process of weeding out all the problem assets and resolving them, so as the books present a true picture of a bank's position. (Photo: YouTube)

HDFC Bank asked to classify recast loan as NPA by RBI

Banks overall gross non-performing assets ratio had been broadly stable at 1.26 per cent.

26 Oct 2017 9:40 AM

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Sunil Gatade