BUSINESS
Banks staring at fresh NPA whammy on farm loan waivers, faulty Kisan Credit Card model
The size of the Maharashtra loan waiver, announced by the new coalition government, could work out to around Rs 51,000 crore.
BUSINESS
Having spent Rs 2.8 lakh crore, govt should not starve PSU banks for capital at this stage
There are six reasons why the timing may not be right for the government to turn off the funding tap for PSBs.
BUSINESS
Credit woes | Banks ready to lend to firms, then why is loan growth plunging
Bank lending to almost every sector is shrinking. And for a simple reason. Demand is weak, so companies do not want to invest in capacity expansion
BUSINESS
Why the hype on banks cutting lending rates is a non-event for the average home loan borrower
Using SBI’s recent cut as the basis, the borrower’s EMI will reduce to Rs 16,605 from Rs 16,916 earlier. In other words, the borrower is going to save just Rs 311 monthly on account of this rate cut
