IDBI to float arm for core fund

Public lender IDBI Bank Ltd will set up a non-banking subsidiary to float an infrastructure debt fund. “We are waiting for the Reserve Bank of India to come up with the guidelines for setting up non-banking finance companies (NBFC) that are eligible for floating infrastructure debt funds. The banking regulator is expected to announce its […]

Bad Credit Loans Instant Decision – Get A Cash In An Hour

We all want a quick solution to all our worries. No one likes unnecessary waiting. Whenever we face any kind of financial problem in our life, the first thing that comes into our mind is that how can we get out of it. To help you in your difficult time, we have formed some very […]

SBI go past RBI limit in sanctioning corporate loans

Exceeding RBI’s limit on exposure to single borrower, State Bank of India sanctioned loans to corporates such as RIL , IOC , Tatas and HDFC in the past three financial years, the Lok Sabha was informed today. Bank of India also went past the Reserve Bank limit in the last two fiscals and sanctioned Rs […]

Higher demand for retail loans in tier II cities

Rising income levels and a greater propensity to consume in India’s tier-2 cities has created an attractive opportunity for retail finance players, a CRISIL study has said. The study, retail loan products: opportunities and risks beyond the metros and mini-metros, has detailed the current market opportunity, growth prospects, emerging competitive scenario and key operating parameters […]

Treat all home loan customers alike

The Damodaran committee on bank customer service has recommended that they do not discriminate between new and old home loan customers with identical risk profiles, on the basis of interest rate offers. According to the report, which has been given to the Reserve Bank of India, banks should allow customers to switch their loans from […]