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RBI: Monetary, prudential steps' tango helps cut home loan NPAs

Prudential measures like risk weights and loan-to-value adjustments, along with interest rates, will be more effective in repayments of loans. This will also help in housing credit growth and controlling the asset quality of banks' home loan portfolios, it shows.

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Pay up or lose out: Tri-County Mall owners face new deadline

The developers who bought Tri-County Mall with plans for a $1.3 billion mixed-use conversion have agreed to sell it, according to court filings.

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Farmer dies by suicide over debt in Tumkur

The deceased had allegedly taken a loan of more than ₹3 lakh from private finance institutions and banks several times in past six years to develop his one-acre areca nut estate | Latest News India

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Gautam Adani in talks with banks to borrow $600 million for gas unit

The loan will be raised by Dhamra LNG Terminal Pvt., a unit of Adani Total Pvt., the people said, asking not be named because the details are private. The debts tenor could range from three to five years, with the pricing likely linked to the Secured Overnight Financing Rate, they said.

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Interest rates and prudential norms together help home loan quality: Research

The research paper written is jointly by Amar Nath Yadav, Vivek Kumar and Jyoti Kumari of the Reserve Bank of India's Department of Statistics and Information Management and the external contributor Alok Kumar Chakrawal , vice-chancellor of Guru Ghasidas Vishwavidyalaya, Chhattisgarh. The views expressed are not necessarily of the central bank.

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Seylan Bank doubles March profits on lower loan losses - Business News

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National News: Export Import Bank of India, Sri Lanka sign $500-million loan agreement

Export Import Bank of India, Sri Lanka sign $500-million loan agreement : Rashtra News #Export #Import #Bank #India #Sri #Lanka #sign #500million #loan #agreement The Sri Lankan government is expected to invite bids from Indian suppliers soon to finalise its import The Export Import Bank (EXIM) of India and the Government of Sri Lanka on

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State Bank of India: Avaada Energy secures Rs 1,190 crore loan from SBI for solar project

Avaada Energy has secured a Rs 1,190 crore loan from the State Bank of India for a 400 MWp utility-scale solar PV project in Gujarat's Surendra Nagar district. The 20-year project loan facility will support the project's development and procurement by Gujarat Urja Vikas Nigam Limited. This marks Avaada's first venture in developing a greenfield project under an existing Special Purpose Vehicle.

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'Is That Where We're at Now? Financing Bread and Milk?': Using Klarna's 'Buy Now, Pay Later' for Groceries

Klara's interest-free loans may suit people with low credit scores, but the consequences of late payments can be similar to credit cards or traditional loans.

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