HDFC Bank launches '30-min auto', '15-min 2-wheeler' loans

Last Updated: Monday, June 29, 2015, 16:31

The 30-minute auto loan and 15-minute two-wheeler loan is the latest initiative in HDFC Bank's digital banking offering christened Go Digital.

HDFC Bank breaches RBI limits on loans to Reliance Industries

Last Updated: Sunday, June 28, 2015, 16:38

The bank, however, said its board of directors approved "the said excess in respect of this exposure" and it was within the 20 percent ceiling of capital funds.

United Bank tops list with highest bad loans among PSU lenders

Last Updated: Sunday, June 28, 2015, 11:16

United Bank of India has topped the list of public sector lenders with maximum bad loans including restructured assets as a percentage of total advances.

RBI working with Finance Ministry to bring to book loan fraudsters

Last Updated: Saturday, June 27, 2015, 19:42

RBI has prescribed time limits within which certain actions like investigating for fraud should be completed and a decision on whether an account is indeed a fraud or not is made, the Deputy Governor said.

UBI ''serious'' to recover money from Kingfisher Airlines

Last Updated: Tuesday, June 23, 2015, 19:11

In the recent AGM of the Kolkata headquartered bank, managing director and CEO P. Srinivas said: "We are fighting a legal battle against them (Kingfisher Airlines) beyond the consortium and we have already declared their corporate guarantor as willful defaulter."

Home loan delinquencies more than halve in last 5 years: Cibil

Last Updated: Tuesday, June 23, 2015, 18:39

The percentage of non-performing assets (NPAs) from the home loans segment has dropped to 0.57 in March 2015 compared to 1.06 at the end of 2010, it said in a report.

HDFC Bank launches 10-second personal loan disbursement scheme

Last Updated: Thursday, June 18, 2015, 15:22

Country's second-largest private sector lender, HDFC Bank on Thursday launched a 10-second paperless instant loan plan for its existing customers.

HDFC Bank cuts lending rate by 0.15%

Last Updated: Wednesday, June 17, 2015, 19:43

Private sector HDFC Bank has cut base rate or minimum lending rate by 0.15 percent, a move which will lower EMIs for its borrowers.

ADB to increase India lending to $12 bn by 2018

Last Updated: Tuesday, June 16, 2015, 22:54

Asian Development Bank president Takehiko Nakao on Tuesday said the bank is looking to increase exposure in India, especially in infrastructure, skill development and urban services, and proposes to increase lending to the country by almost half to $12 billion by 2018.

RBI norms on corporate loan recast credit Positive for banks: Moody's

Last Updated: Monday, June 15, 2015, 14:39

The new RBI guidelines will allow banks to acquire majority equity stakes in corporates that are unable to honour their debt commitments. And acquiring a majority stake would make it easier for the banks to install new company management.

Home, auto loans likely to come down further; FM expects more rate cuts by banks

Last Updated: Friday, June 12, 2015, 15:13

EMIs of home, auto and other loans are likely to come down further with Finance Minister Arun Jaitley on Friday saying that banks have promised greater rate cuts in the coming days and weeks.