KOLKATA: Several banks are declining loan demands by microfinance institutions (MFIs), even for those within the sanctioned limits, which may choke the credit flow in
Tag: banks
Nabard disburses Rs 12,767 crore to state coop banks, RRBs for onlending to farmers
Mumbai: The National Bank for Agriculture and Rural Development (Nabard) on Tuesday said it has disbursed Rs 12,767 crore to state cooperative banks and regional
Donald Trump taps Indian-American lawyer as US representative to World Bank’s lending arm IBRD
Washington: US President Donald Trump has nominated Indian-American lawyer Ashok Michael Pinto as a representative to the International Bank for Reconstruction and Development, the World
RBI may raise promoter holding cap in private banks
Mumbai: The Reserve Bank of India (RBI) is looking to raise the 15% ceiling on promoter shareholding in private sector lenders as part of new
Banks have done nothing to help retailers, says Retailers Association
Banks have done “sweet nothing” to provide financing to retailers to tide over the lockdown crisis, and the government intervention is needed to avoid mass
Franklin Templeton crisis: Wary banks review credit lines to funds
Mumbai: The relationship between some high-street banks and fund houses will be put to test with lenders closely monitoring ‘daylight overdraft’ lines to mutual funds.
Here’s how some banks plan to support exporters, but procedural delays play spoilsport
KOLKATA | MUMBAI: Government-owned lenders such as State Bank of India and Punjab National Bank are working on plans to help exporters, who had hedged
In times of COVID-19 banks look to bring down rent
Mumbai: India’s top seven private lenders including HDFC Bank, Kotak Mahindra Bank, Axis Bank and ICICI Bank, are renegotiating contracts to lower their annual rental
covid impact: HDFC Bank’s assets to show minimal signs of Covid stress
Mumbai: HDFC Bank, with a bigger market value than the next two peers combined, may not remain totally untouched by the Covid-19 crisis, but the
Money changers ask RBI to direct PSU banks to buy forex from them
New Delhi: Small currency exchange providers stuck with excess foreign exchange for the past one month following travel bans want RBI to direct State Bank
