Retail Borrowers

In a survey this week of the world's largest insurers, Moody's found that nearly 80% of respondents planned to increase their holdings in at least one class of private credit

Bench of CJI D Y Chandrachud and Justice Hima Kohli upholds Telangana HC decision of 2020, sets aside Gujarat HC ruling in this regard; opportunity for hearing not necessary ahead of FIR

They must also avoid applying for too many loans within a short span

Credit penetration for women (percentage of borrowers to total adult population) has improved to 12% in 2021 from 6% in 2016.

According to SBI, at least 30-40 per cent of people pay following a call

In letter to RBI, requests this be done irrespective of whether such accounts have been restructured on earlier occasions

But increase may be lower than what it was earlier

For personal loans, the resolution plan is to be implemented within 90 days from the date of invocation

The CIBIL score is an indicator of credit worthiness.

Since simple interest keeps accumulating, your outstanding at the end of the moratorium will be higher than at the start

India Ratings had earlier said banks may have to restructure loans worth Rs 8.4 trillion

There are enough filters in the Covid-19 loan restructuring scheme to prevent misuse, but is it a tool to delay the growth in banks' bad loans? We will know after two years

Lenders are treading cautiously, and in some cases even cancelling previously sanctioned or pre-approved loans

Experts feel that the three-month moratorium on repayment on loans to help people fight the impact of coronavirus seems to be benefiting banks rather than borrowers

An amount of Rs 1.05 lakh crore was fresh lending, the Department Financial Services said in a statement.

With the RBI deciding to link all new floating rate loans to an external benchmark, there will be more transparency