Page 2 - Bank Loans

HDFC Bank mulling loan portfolio sale amid growth scrutiny: Report

Shares of the bank fell the most in a month on Friday after it reported flat sequential deposit performance in the quarter ended June

Banks Q1 loan growth remain strong, share of low cost deposits falls

The credit-to-deposit ratio of the Mumbai-based private sector lender Yes Bank rose to 86.8 per cent at the end of June from 85.5 per cent at the end of March

Banks' loans rise 19.2% in 2 weeks to June 14, deposits up 12.6%: RBI

Outstanding loans fell Rs 716.02 billion ($8.59 billion) to Rs 167.11 trillion in the two weeks to June 14

West Bengal sets target of bank loans worth Rs 1.53 trn for MSMEs in FY25

The West Bengal government has set a target of providing Rs 1.53 lakh crore as bank loans to the MSME sector in the current fiscal, a rise of 5.5 per cent over the year-earlier figure, officials said. In the 2023-24 fiscal, the state's MSME sector received Rs 1.45 lakh crore in bank credit, translating to a growth of 14 per cent. West Bengal is one of the leading states in terms of MSME units, with 21.5 per cent of the country's total such units located in the state. "There are 89 lakh MSME units in West Bengal, generating employment to 1.36 crore people. Of these, 29 lakh units are owned by women entrepreneurs, which is 32.7 per cent of the total units in the state," said Debashis Bandopadhyay, Special Secretary, MSME Department. The state has 589 MSME clusters, with 41.77 per cent of those engaged in manufacturing, 25.47 per cent in trading and 21.5 per cent in other sectors, he said at a Bengal Chamber-organised MSME event. "The amount of bank loans given to MSMEs in the state

Bankers back BPCL Rs 32k cr loan, cautious on Vodafone Idea's Rs 23k loan

Bankers sentiments differ on loans sought by state-backed oil giant BPCL and telecom major Vodafone Idea, which cumulatively amount to Rs 55,000 crore

Vodafone Idea seeks Rs 23,000 crore term loan to boost 4G and 5G rollouts

Telecom major Vi plans to invest Rs 50,000-55,000 crore over the next three years to enhance and strengthen its 4G connectivity and rollout 5G networks in key markets

Microfinance loans up 24.5% to Rs 4.3 trn in FY24, NBFC-MFIs see moderation

The total loan accounts rose to 149 million at the end of March 2024 from 130 million a year ago

RBI set to meet ARCs on May 17; may discuss borrowing, settlement process

At present, there are no regulatory mechanisms in place for such funding

RBI proposes floor for banks' loan exposure for project finance

Standard asset provision suggested at 5 per cent in a phased manner

IndusInd Bank Q4 result: PAT up 15% to Rs 2,349 cr on healthy loan growth

The bank's net loans grew 18%, it had said in its quarterly update earlier this month, outpacing a 14% growth in deposits

Bank credit to commercial real estate grows threefold in 11 months of FY24

According to the latest RBI data, outstanding loans to CRE stood at Rs 3.9 trillion as of February 23, 2024. It has grown almost by Rs 1 trillion in the past two years from Rs 2.94 trn in Feb 2022

China's bank loans expanded at the slowest pace on record in February

The stock of aggregate financing - a broad measure of credit - expanded just 9%, also near a record low

HDFC Bank, Tata, SBI, and others: Personal loans with lowest interest rates

Personal loans offer a versatile financial solution that can cater to your needs. Take a look at the most popular Personal Loan plans in India for 2024

PM disburses Rs 8,000-cr loans at Sashakt Nari, Viksit Bharat programme

The PM disbursed around Rs 8,000 crore in loans to SHGs at a subsidised interest rate through bank linkage camps set up in each district

Banks' lending rate hit 46-month high in Jan; for fresh deposits in Aug

The weighted average lending rate by scheduled commercial banks on fresh loans increased to 9.45 per cent in January 2024 compared to 9.32 per cent in December 2023

High gap between credit, deposit growth to impact loan sales, NIMs: Report

The continuing gap between credit and deposit growth rates is likely to impact both future loan sales as well as net interest margins of banks, says a report. Credit off-take grew at 20.3 per cent in this fiscal so far while deposits grew at a slower pace of 13.6 per cent YTD, according to the report by Care Ratings. The gap between credit off-take and deposit growth rates has resulted in a lower liquidity coverage ratio (LCR) while private banks led by HDFC Bank are reporting lower LCR than their public sector peers. According to a Care Ratings analysis, HDFC Bank has seen the highest fall from 120 per cent in the July-September quarter of FY24 to around 102 per cent in the third quarter, followed by ICICI Bank and Axis Bank at 118 per cent each for both quarters. On the other hand, the largest lender SBI has around 140 per cent in the second quarter and around 137 per cent in the third quarter of the current fiscal, while PNB and BoB has over 140 per cent each for both quarters.

Overseas loans' share in total Adani group debt portfolio declines

Global bond investors keen to invest in Indian infrastructure sector

Bandhan Bank's micro challenges: Unsecured loan book, CEO's tenure

Microloans are unsecured. Conscious of this, the Kolkata-based Bandhan acquired affordable housing finance company Gruh Finance in 2019 from what was then HDFC Ltd

State Bank of India eyes 12-13% growth in international loan book

The lending book has three components - trade finance, External Commercial Borrowings (ECB) by Indian entities - corporates and finance companies - and local business in foreign offices

Decadal perspective: Banks have fewer bad loans under the Modi govt

There has been a rise in unsecured lending. The RBI has expressed concerns over lending practices