RBI: Monetary, prudential steps’ tango helps cut home loan NPAs
Mumbai: Tinkering with the interest rate alone may not help with the repayment ability of home loan borrowers, according to a research paper supported by the Reserve Bank of India. …
Mumbai: Tinkering with the interest rate alone may not help with the repayment ability of home loan borrowers, according to a research paper supported by the Reserve Bank of India. …
AdaniConneX is in the final stage of discussions to raise $900-950 million (₹7,500-7,920 crore) through a six-year offshore loan from a group of eight lenders, including MUFG Bank, Sumitomo Mitsui …
HDFC Bank received approval from the Reserve Bank of India (RBI) to sell its 90% stake in the education loan company HDFC Credila Financial Services Ltd- a move that will …
Mumbai: Bajaj Finance, India’s largest non-banking finance company by assets, reported a 22% increase in net profit for the quarter ended December 2023 to ₹3,639 crore from ₹2,973 crore a …
Mumbai: Motilal Oswal Financial said Indian state-owned bank shares may rerate further driven by the ongoing earnings traction, aided by improved loan growth, margin stability, and controlled credit costs. The …
It’s expensive to be poor, especially if you’re a victim of America’s capricious, inscrutable credit rating system. But, in most places, you still need a car and that has forced …
Mumbai: Omkara ARC has acquired ₹784-crore loan outstanding from PNB Housing Finance of Joyous Housing Limited. The transaction happened at par and helped the mortgage lender in resolving a significant …
An AutoNation dealership in Las Vegas, Nevada, US, on Tuesday, July 18, 2023. AutoNation Inc. is scheduled to release earnings figures on July 21. Photo: Bridget Bennett/Bloomberg (Getty Images) The …
The great credit tightening is finally approaching on both sides of the Atlantic, if the latest surveys of bankers are anything to go by. After delivering a fresh interest-rate hike …