loans

August 05, 2022 06:29 PM IST

RBI Monetary Policy | Bankers predict up to 50 bps hike in lending rates after repo rate reaches 5.4%

A 50 bps rate hike may seem hawkish, but it was required to control inflation, South Indian Bank MD & CEO Murali Ramakrishnan said

Errors in your credit information report? File a complaint with RBI’s integrated ombudsman

The banking regulator has decided to bring credit information companies into its integrated ombudsman mechanism net

RBI hikes repo rate by 50 bps: EMIs to shoot up for borrowers, interests to rise for depositors

Typically, when interest rates goes up, banks tend to extend loan tenure and not EMI first, pushing up the interest outgo for home loan borrowers significantly over long tenures of 15-30 years

How to deal with costlier home loans?

Asset quality to improve going ahead: M&M Finance MD Ramesh Iyer

Possible to maintain 94 percent-95 percent collection efficiency this fiscal, the MD said

Banks write off loans worth Rs 10 lakh crore in last 5 years

During 2021-22, the write-off amount came down to Rs 1,57,096 crore compared to Rs 2,02,781 crore in the previous year.

Chart of the Day: Retail takes the lead in bank loan growth, again

What to do if you go off track on your financial goals

Since financial markets are volatile, you have to assess if you are on track towards your financial goals. A few small tweaks can help you stay on track, when things appear off track.

Micro loan collections back at pre-Covid level; net NPAs may improve from 1.92 percent, says Bandhan Bank MD

Chandra Shekhar Ghosh said that 99 percent of the total microfinance loans disbursed by Bandhan Bank since June end last fiscal were being repaid on time

Chart of the Day: Mind the gap between deposits and loans

The hunt for deposits would intensify among banks which could push up retail deposit rates further.

YES Bank reports Q1FY23 earnings, here are top five highlights

The size of its total balance sheet grew 17 percent YoY to Rs 3.18 lakh crore as on June end

As Kotak Mahindra Bank reports results, here are top five takeaways

While assets rose at a faster pace, deposits grew 10.4 percent YoY growth to Rs 3.16 lakh crore as on June 30

Kotak Mahindra Bank preview: Net profit to rise 32% on stable asset quality

The bank is likely to report 32.5 percent year-on-year growth in net profit to Rs 2,176 crore for the quarter ended June, the average of the estimates of seven brokerages surveyed by Moneycontrol showed.

RBL Bank to return to pre-pandemic level of growth this fiscal, MD says

RBL Bank’s total deposits grew 6 percent YoY to Rs 79,216 crore at the end of June, sharply lower than the industry standard.

What is a home improvement loan?

Banks to see pick up in credit growth, lower stress in June-quarter but treasury losses may continue, say experts

Provisional credit growth data filed by lenders with stock exchanges point to a revival in credit demand.

Chart of the Day: Industry loans grow a thick middle

Given that companies are willing borrowers and banks are all too happy to lend, the growth rate may continue in the coming quarters.

Paytm’s lending business clocks Rs 24,000 crore annualised revenue run rate in June

Paytm has also reached its highest number of monthly transacting users on super app at 76 million in June

Bank of Baroda mulls issuing long term bonds to fund infrastructure, affordable housing sectors

A meeting of the investment committee will be convened later this month to get an approval, Bank of Baroda said in a regulatory filing on July 7.

Deposits make banks sweat as loans come easy in Q1

Banks will need to increase interest rates on deposits but this higher cost of funds will put pressure on their net interest margins

As people return to cities post-COVID-19 to work, demand-supply mismatch pushes up rentals 12%: Report

The report by NoBroker, an online platform that helps people find rental houses, says that while companies raised their headcount in the last two years, construction of housing projects has been delayed due to various reasons, which has contributed to the rise in rents.

Four ways to shorten your home loan approval time

Assess your EMI affordability before applying for a home loan, make a higher downpayment, and improve your credit score.

Chart of the Day: Watch subprime loans closely in PSBs

Public sector banks have the highest proportion of subprime borrowers, the riskiest of retail category characterized by low credit scores,

Chart of the Day: MSME loan stress shows silver lining

Data from the Reserve Bank of India (RBI) shows that about 9.3 percent of MSME loans had turned bad by March 2022. That is lower than the delinquency ratio of 10.8 percent in FY21.

Simply Save | Students & parents must check their financial preparedness while obtaining educations loans

Students can obtain education loans once they secure admission letters is one of the biggest misconceptions, Arindam Sengupta of Edufund tells Preeti Kulkarni