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HDFC Bank raises lending rates by 0.05%
India’s biggest private sector bank HDFC Bank has raised its lending rates by a marginal 0.05 per cent across select loan tenors. The lenderR
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SBI not worried over unsecured loans
Chairman Dinesh Khara said the loan book of unsecured loans in the bank is better than that of secured loans
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RBI fines PNB, Federal Bank!
The penalty on Punjab National Bank has been imposed for non-compliance with certain provisions related to 'interest rate on advances' and 'customer s
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Q2 growth could surprise everyone: Das
According to Das, the growth momentum in the economy continues to be strong, and that the GDP number for the second quarter will surprise everyone on
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Niti to identify sectors for excellence
The Aayog is selecting the sectors along with their export potential which will lead it to recommend appropriate strategies
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In crisis, credit insurance to bail out borrowers
As the debt is repaid, the insurance coverage decreases. In a way, credit insurance is a life insurance policy, but it's tied to the bank's loan acco
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Blueprint for developed economy in Dec
NITI Aayog is preparing Vision 2047, the blueprint that would lay out the institutional and structural reforms necessary to reach the goal of $30 tril
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Services sector still seeing good demand
With Reserve Bank of India prioritising inflation control, tight monetary conditions might define the foreseeable future and this may keep demand in c
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Banks to allow premature withdrawal of FDs up to Rs 1cr
The Reserve Bank of India (RBI) on Thursday said that banks will have to provide premature withdrawal facility on all fixed deposits up to Rs 1 crore.
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Get alerts when FIs seek credit report
Lenders would have to send alerts through SMS and/or email to customers whenever they furnish information to the credit information entities on defaul
