YES BANK plans to strengthen retail loan portfolio

Last Updated: Saturday, April 21, 2012, 18:03

With an aim to cross the Rs one lakh crore business mark by 2015, private sector lender YES BANK Saturday said it plans to strengthen its retail loan portfolio in the coming months.

ECB hands out $712 billion in low-interest loans to banks

Last Updated: Wednesday, February 29, 2012, 19:23

The offer of credit for three years was taken up on Wednesday by 800 banks.

SBI rating unaffected by weakening loan quality: S&P

Last Updated: Tuesday, February 14, 2012, 20:30

Global rating agency Standard & Poor's on Tuesday said that its rating on SBI is not affected by the significant slippage in the bank's loan quality.

Central Bank may recast loans to power utilities

Last Updated: Sunday, February 5, 2012, 13:05

Central Bank of India may go in for restructuring of some of its loans given to power companies in the current quarter.

Exim Bank lends $40.3 mn to Chad

Last Updated: Friday, February 3, 2012, 17:44

The Exim Bank on Friday said it has extended a line of credit worth USD 40.32 million to the central African nation of Chad for development projects.

Exim bank to provide $208 mn loan to Congo and Maldives

Last Updated: Tuesday, December 27, 2011, 18:43

The Export-Import Bank of India (Exim Bank) has entered into agreements with Congo and Maldives to provide soft loans totalling USD 208 million for social projects in the two countries.

Axis aims to increase retail loan book share to 30%

Last Updated: Tuesday, December 6, 2011, 22:50

The third largest private lender Axis Bank on Tuesday said it is working towards taking its retail loan-book to 30 percent of the total assets over the next three to four years, as it sees the retail loan segment as a large market opportunity going forward.

$975 mn World Bank loan for Railway's eastern DFC

Last Updated: Thursday, October 27, 2011, 18:08

Giving a boost to Railway's ambitious Dedicated Freight Corridor (DFC) project, the World Bank on Thursday signed a 975 million USD loan agreement with the government for execution of the plan in the eastern corridor.

EMIs set to go up as RBI hikes interest rates again

Last Updated: Friday, September 16, 2011, 21:31

Interest rates and EMIs are set to go up again with the Reserve Bank Friday hiking its key rates by 25 basis points, the 12th time since March last year, to tame high inflation overlooking sliding growth.

Collectors, magistrates should help banks in loan recovery: HC

Last Updated: Sunday, August 7, 2011, 16:12

The Bombay High Court has directed all the Collectors and District Magistrates across the state to dispose of within two months the pending applications of various banks seeking possession of the secured assets of defaulters for recovery of loans.

US Ex-Im Bank approves $ 1.4 bn loans in 9 months of FY'11

Last Updated: Monday, July 18, 2011, 23:04

The US Export-Import Bank on Monday said it has approved loans worth USD 1.4 billion (about Rs 6,300 crore) to Indian companies, including Reliance and Punj Lloyd, in the nine months to June 30, 2011, as against USD 53 million in the entire 2010 financial year.

No interference in resolving Bhopal issue: US

Last Updated: Friday, August 20, 2010, 09:42

US Deputy National Security Advisor Mike Froman Thursday night denied making any link between the Bhopal gas leak issue and India`s request for loan help from the World Bank.