Search For "retail loans"
"RAM is focus area for our bank," says PNB ED M Paramasivam
Updated : 7 months ago IST
M Paramasivam, Executive Director, Punjab National Bank (PNB) said that the focus area of the bank is strengthening the retail, agriculture, and MSME loan and deposit segments which has resulted into an impressive second quarter financial result.
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Most PSU banks likely to report strong loan growth driven by Retail, Agri
Updated : 7 months, 3 weeks ago IST
Even as corporate loan growth continues to remain subdued, most public sector banks (PSBs) are expected to post robust loan growth in the coming quarter, primarily led by loans to retail, agriculture, and MSME segments, according to a sector update by Nuvama Institutional Equities.
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Ongoing shift in retail loans is leading to increase in consumer leverage:
Updated : 8 months, 4 weeks ago IST
The report highlighted that the transformation in lending trends has evolved over several phases in the last two decades, with both banks and non-banking financial companies (NBFCs) playing a significant role.
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India's household debts surge on back of housing loans, rising trend of un
Updated : 1 year, 8 months ago IST
Amid concerns about India's rising household debts a recent report by Care Edge Ratings highlighted that the increase in household debt is primarily driven by a surge in housing loans, which constitute over 50 per cent of retail loans.
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Banks must allow retail borrowers to switch between fixed and floating rat
Updated : 2 years, 9 months ago IST
Reserve Bank of India on Friday said regulated entities (REs) have the freedom and they must offer all categories of retail loans either on a fixed or floating interest rates basis.
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Rs 9 lakh crore home loans disbursed in India in 2022: Report
Updated : 3 years ago IST
As much as 34 lakh home loans totalling Rs nine lakh crore were disbursed during the year 2022, registering an annual growth of 18 per cent, revealed a study on retail loans by data analytics firm Equifax and loan distributor Andromeda.
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IDFC FIRST Bank FY23 profit after tax highest-ever at Rs 2,437 crore in FY
Updated : 3 years ago IST
Mumbai (Maharashtra) [India], May 2 (ANI/BusinessWire India): Executive Summary - The Board of Directors of IDFC FIRST Bank, in its meeting held today, approved the audited financial results for the quarter and financial year ended March 31, 2023. The key highlights were:
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Credit growth to MSME sector firm in 2022-23: SBI Research report
Updated : 3 years, 9 months ago IST
New Delhi [India], July 31 (ANI): Credit growth to the Ministry of Micro, Small & Medium Enterprises (MSME) sector has expanded by Rs 52,800 crores in the current financial year as against degrowth of Rs 61,000 crore during a similar period of the previous year, SBI Research said in its
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Debt Recovery Bots from Rezo.ai redefine loan collection processes for Ban
Updated : 4 years, 1 month ago IST
New Delhi [India], March 25 (ANI/NewsVoir): After nearly two years of ups and downs due to COVID-19, the Indian economy finally shows signs of revival. An important indicator of this revival is the strong demand for retail loans. However, banks and NBFCs have another problem to tackle, i.e.,
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Concerns re-emerge on retail loans asset quality due to increasing lockdow
Updated : 5 years ago IST
New Delhi [India], Apr 24 (ANI): The rising Covid-19 cases has again raised concerns on asset quality of retail loans from non-banking financial companies (NBFCs) and housing finance companies (HFCs), , according to investment information agency ICRA.
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PNB Housing Finance, Yes Bank in co-lending partnership
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], March 5 (ANI): PNB Housing Finance and Yes Bank said on Friday they have entered into a strategic co-lending agreement to offer customised retail loans for homebuyers at competitive interest rates.
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Central Bank's net loss down to Rs 1,121 crore in FY20
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], June 29 (ANI): Government-owned Central Bank of India said on Monday its net loss for FY20 reduced to Rs 1,121 crore from Rs 5,641 crore in FY19.
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