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India loan News

12 Apr 2016

SC asks RBI to curb increasing NPA

05 Apr 2016

Naming of all defaulters will kill businesses: Raghuram Rajan

Rejecting calls for naming and shaming of all big defaulters, Reserve Bank Governor Raghuram Rajan today said it will lead to undue panic and kill business activity.

16 Mar 2016

Banks see a plunge in advance tax payments as NPAs bite

Bad loans have hit the banking sector's advance tax payouts for March quarter, with SBI paying a 60 percent lower tax, ICICI Bank showing a marginal increase, while HDFC Bank posting a 14 percent growth in tax liability.

International banks

09 Mar 2016

International banks to take back loan money from India

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Asian Development Bank

16 Jun 2015

ADB to increase India lending to $12 bn by 2018

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.

non-performing assets

07 May 2015

RBI's new mechanism for banks to check loan frauds

The RBI on Thursday put in place a new framework to check loan frauds including by way of early warning signals at banks and red flagging of accounts, while swindlers will have no access to further banking finance.

Reserve Bank of India

30 Mar 2015

RBI relaxes bad loans provisioning rules for banks

The relaxation will be applicable for floating provisions held by them as of the end of December 2014.

06 Feb 2015

Ex-RBI Guv Subbarao against loan waiver schemes

Former Reserve Bank Governor D Subbarao today said that he is not in favour of farm loan waiver schemes being implemented by the governments of Andhra Pradesh and Telangana.

22 Jul 2014

India firms borrowed $1.89 bn from overseas makets in June: RBI

Borrowings by Indian firms declined by over 3 percent from a year ago to USD 1.89 billion in June 2014, according to Reserve Bank data released today. During June 2013, India Inc had raised USD 1.95 billion from overseas markets by way of external commercial borrowings (ECBs).

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