Banks could face an increase in credit costs in Financial Year (FY) 2026, primarily due to emerging pressures in the unsecured lending and microfinance sectors, according…
Browsing: loan
Non-performing assets (NPAs) in India’s banking sector may inch up in the first half of FY26, driven by growing stress in the retail loan segment —…
NEW DELHI: State-owned Bank of Maharashtra on Thursday reduced interest rate by up to 50 basis points on retail loans, including home, car, education and other…
With no tax benefit available, the home loan should be prepaid as soon as possible. (AI image) The 50 basis point repo rate cut by the…
NEW DELHI: Govt and banks have called out Vijay Mallya’s claims of being harassed by lenders despite having cleared their outstanding debts, arguing that the bankrupt…
MUMBAI: RBI on Friday issued revised norms for loans backed by gold and silver, aimed at widening credit access for small borrowers and standardising regulations across…
Cash-strapped Pakistan is in talks with banks in the Middle East to borrow approximately USD 4 billion to meet its external financial commitments for the current…
India’s market regulator, the Securities and Exchange Board of India (Sebi), has imposed a five-year ban on industrialist Anil Ambani and 24 others, including top executives…
New York Community Bancorp, the parent of Flagstar Bank, said it’s still committed to the home loan business despite selling approximately $5 billion in warehouse mortgages…