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RBI flags gold loan irregularities; lenders may shift to EMIs, term loans amid regulatory pressure: Report

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(adsbygoogle = window.adsbygoogle || ).push({}); The Reserve Bank of India (RBI) has identified significant gaps in gold loan disbursement practices,...
Business

Macquarie sees bright prospects for India’s power utilities and lenders: Buy calls for PFC, REC, NTPC, PGCIL

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Macquarie analysts highlight India’s electric utilities and power lenders as prime beneficiaries in the ongoing energy transition. The sector enjoys tailwinds from the...
Money

Lenders wary of unsecured loans with rise in over-leveraged clients 

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(adsbygoogle = window.adsbygoogle || ).push({}); Banks and non-banking finance companies (NBFCs), including Axis Bank, Kotak Mahindra Bank (KMB), Bajaj Finance...
Money

Choice Finserv to acquire 2 Jaipur-based lenders under a slump sale transaction

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(adsbygoogle = window.adsbygoogle || ).push({}); Choice Finserv Pvt Ltd, the NBFC arm of Choice International Ltd, has announced the acquisition...
Money

How to compare personal loan offers from multiple lenders? Here are 5 key factors

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(adsbygoogle = window.adsbygoogle || ).push({}); Choosing the right personal loan can significantly impact your financial situation. With numerous lenders offering...
Business

Axis Bank share price declines ahead of Q2 result; here’s what top brokerages expect from the lender’s Q2 earnings

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Axis Bank share price slipped about 1.60 per cent in morning trade on Thursday, October 17, ahead of its July-September quarter (Q2) results....
Business

Lenders not allowed to levy foreclosure charges on MSEs, says RBI | Finance News

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2 min read Last Updated : Oct 09 2024 | 7:36 PM IST The Reserve Bank of India (RBI) on Wednesday said that...
Business

Microfinance body MFIN tightens underwriting guidelines for members | Finance News

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The new guidelines have been issued after stakeholder conversations for over six months. | Imaging: Ajay Mohanty2 min read Last Updated :...
Business

Private lenders securitise loans worth Rs 21,000 crore in Q2 FY25 | Finance News

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2 min read Last Updated : Oct 04 2024 | 7:26 PM IST Private sector banks offloaded loans worth Rs 21,000 crore through...
Business

RBI asks lenders to address ‘irregularities’ in gold loans in 3 months | Personal Finance

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Gold(Photo: Shutterstock)3 min read Last Updated : Oct 03 2024 | 4:59 PM IST A Reserve Bank of India (RBI) circular has pointed...
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