Loans

	Disburse loans to encourage agri sector: Minister Niranjan Reddy He said that banks were only considering urban properties while extending loans when in reality even the cost of rural properties has increased across the State. published on : 22nd March 2023
	Tamil Nadu govt offered loans worth Rs 2.7K crore to farmers, says MSME minister "Considering the benefits of small grains, farmers across the state are being encouraged to involve in cultivating small grains. published on : 8th March 2023
	Telangana farmers face pressure to repay loans as waiver gets delayed Agriculture department officials estimate that about three lakh farmers have taken loans of less than Rs 1 lakh in the former Medak district. published on : 14th February 2023
	Forced into ‘sex trade’ to repay loans after being duped, allege 40 women in Odisha Nirupama allegedly got loans sanctioned from micro-finance agencies. She withdrew the loan amount from the women’s bank accounts, they told the collector. published on : 12th February 2023
	No significant risk to banks from Adani exposure: Moody’s “We estimate that the bulk of the exposures are collateralised, either with operational assets or with projects under execution, rather than to the corporate level.” published on : 8th February 2023
	Commercial loan origination volumes decline 4.3 per cent in FY22; avg ticket sizes jump: Report Commercial lending includes a credit of over Rs 10 lakh to any commercial entity and is further classified as micro, small, medium or large exposures. published on : 11th January 2023
	HDFC Bank’s loans, deposits grow over 19 per cent in Q3 Private sector lender HDFC Bank has reported strong growth in loans and deposits in the third quarter of current financial year. published on : 5th January 2023
	Cops bust gang fleecing people in name of loans Delhi Police has busted a fake loan gang which was operating from a Noida-based call centre and had cheated a man of Rs 14 lakhs on the pretext of giving him a loan of Rs 50 lakhs. published on : 31st December 2022
	Gross NPA ratio falls to seven-year low of 5 per cent, says RBI The RBI also said the global economy is facing formidable headwinds with recessionary risks looming large. published on : 29th December 2022
	Retail loans can become a source of systemic risk, warns RBI Indian banks appear to have displayed a "herding behaviour" in "diverting" from the industrial sector towards retail loans, and the decline was evident across all groups of banks, it said. published on : 28th December 2022
	Banks write off loans worth Rs 11.17 lakh crore in last six years Banks write off NPAs as part of their regular exercise to clean up their balance sheet, avail tax benefit and optimise capital. published on : 20th December 2022
	‘Nekar Sanman’: Karnataka govt to give interest-free loans up to Rs 2L to weavers To support the weavers, the government also decided to buy 25 per cent of the uniforms required for various departments from the Karnataka Handloom Corporation. published on : 18th December 2022
	Banks write off Rs 8.5 lakh crore in last four years, says FinMin Among private sector banks, ICICI Bank wrote off Rs 42,164 crore and HDFC Bank wrote off Rs 31,516 crore loans. published on : 13th December 2022
	SBI's personal banking advances excluding home loans cross Rs 5 lakh-crore mark Personal Banking advances mainly comprise personal loans, pension loans, auto loans, education loans, gold loans, and other Personal loan products, the statement said. published on : 5th December 2022
	Farmers can now get loans by pledging produce Official sources said the scheme enabled farmers to store their produce safe in nearby warehouses and avail of loans from banks against NWRs issued against the deposit of their stock. published on : 25th November 2022
	Govt approves continuation of interest subvention scheme for short-term crop loans In a circular, the Reserve Bank said the rate of interest subvention to lending institutions will be 1.5 per cent for the years 2022-23 and 2023-24. published on : 23rd November 2022
	Banks inadequately pricing risks, scurry to garner deposits and lend more: SBI report The average net durable liquidity injected into the banking system in April 2022 was Rs 8.3 lakh crore, which is nearly a third of that now at Rs 3 lakh crore. published on : 8th November 2022
	DBS shifts focus on retail, MSME loans Singapore-headquartered multi-national bank DBS plans to diversify its lending portfolio in the country into gold loans, consumer finance and MSME loans, from its strong suit of corporate lending. published on : 4th November 2022
	Housing sales to exceed 3.6 lakh units in 2022 The new peak will come even as commercial banks raised nearly 2% interest rates on home loans after rate hike by the RBI. published on : 27th October 2022
	Banks to see sharp fall in bad loans, but exposures to small businesses a worry: Crisil The GNPAs will improve further in FY24 to a decadal low of 4 per cent, the report by Crisil Ratings said. published on : 22nd September 2022