Repayment

Adani Group clears Rs 7,374-cr share-backed loan, vows to go debt-free this month

The repayment will release pledge on shares of promoters in four group companies

Inox Wind promoters infuse Rs 623 crore for paring debt

The board had on August 30, 2022 approved raising up to Rs 800 crore by way of issuance of 0.01 per cent non-convertible non-cumulative participating redeemable preference shares on private placement basis to the promoter/ promoter group entities.

Repayment pressure to test banks' loan underwriting quality: Fitch

However, asset-quality risks from higher rates should generally be moderate for most banks, it said in a statement.

Editor's Take | Soon, Online PSB Loans will track repayments too

Moneycontrol's Shraddha Sharma talks to Prince Thomas about the plan Online PSB Loans has and how it will help borrowers.

Govt to borrow Rs 3.72 lakh crore in April-September period

The government will borrow Rs 3.72 lakh crore or 64 percent or total annual gross borrowing during April-September in 2017-18.

Why you should prepay home loan now & ensure long term saving

Pre-payment reduces your interest burden, reduces the tenor of your loan, and ensures long-term savings for you.

COMMENT: 5 ways in which IndusInd Bank beat demonetisation blues

IndusInd Bank's results is a wake-up call for all doomsday experts who believed the economy will ground to a standstill

COMMENT: After demonetisation, cash flowed back through these 5 channels

Unaccounted wealth is now in the banking system thanks to demonetisation. Publicly available data shows how different routes were used to bring the money in

Borrowers to get additional 90 days to repay home loans

In further relief to people hit by demonetisation, the Reserve Bank of India (RBI), on December 28, 2016, gave borrowers another 30 days, over and above 60 days, for repayment of housing, car, farm &#82

Old note deposits slowing down in last 2-3 days: SBI

The number of transactions and amount deposited in banks following demonetisation is on a downward trajectory, says Rajnish Kumar, MD of SBI. He believes the overall deposits could not have yet touched the highly-speculated Rs 11 lakh crore figure.

Should you prepay your personal loan early?

While trying to pay off your debts is a good move, it is not always financially advantageous.

See downward revision for 2 qtrs over note ban: Amisha Vora

Speaking to CNBC-TV18 Amisha Vora of Prabhudas Lilladher said that demonetisation will lead to downward revision in one or two quarters at least. The critical question is whether global funds will overlook the pain for two quarters?

PSBs losses may hamper ability to pay interest on bonds: Crisil

A sharp decline in profitability and mounting losses could wipe out the revenue reserves of some PSU banks and hamper their near-term ability to pay interest on the bonds issued to meet Basel III norms, Crisil Ratings said today.

Home loans: Longer tenure ones are the best bet

Until a few decades ago, Indians were generally averse to taking loans to buy or construct their homes and would use their retirement funds for the same. However, with increasing urbanisation, easy availability of &#82

Poor are bankable; banks should focus on them: Naidu

The country's poor are bankable and banks should not shy away from extending credit to them, Urban Development Minister M Venkaiah Naidu said today.

Banks can extend loan repayment to 5 yrs for crop loss: RBI

In all cases of restructuring, the central bank said, the moratorium period of at least one year should be considered. Moreover, the banks should not insist on additional collateral security for such restructured loans, it added.

Exorbitant loans triggering farmer suicides: Karnataka CM

Citing exorbitant loans as a major reason for farmer suicides, Karnataka Chief Minister Siddaramaiah today warned strict action against private money lenders charging more than 14 and 16 percent interest rate.

Jaiprakash drops repayment default rumour after shares fall

Shares were trading down 21 percent at 13 rupees at 2:50 p.m. on Wednesday after falling to as low as 11.15 rupees earlier in the day.

Unitech denies repayment default rumour after shares fall

"Rumours are being spread by certain segments of the market to profit from trading pertaining to Unitech defaulting on repayments to certain lenders, which are false and misleading," the company said in a statement.

Suzlon sells German arm Senvion for euro 1 bn; to cut debt

Suzlon said it will repay domestic term loans worth Rs 5000 crore with the proceeds from the sale of its German arm Senvion

Want an SME loan? Get your application, paperwork right

SMEs have been the backbone of the Indian economy. Yet getting an SME loan is a challenging task for small businesses

SC to hear Sahara's plea on November 28

The company has also filed a plea seeking hospitalization of Subrata Sahara after the group‘s lawyers told the apex court that Roy is suffering from high blood pressure and is likely to suffer a stroke.

Be careful of your CIBIL score if you are a loan guarantor

Harshala Chandorkar of CIBIL discusses on the need to be careful before signing as a guarantor for anyone else's loan. She stresses on how defaults on loan repayment by that person may affect the guarantor's CIBIL credit score.

Jyothy Labs bets on higher advertising to boost sales

Jyothy Labs is increasing ad spends to 10-12 percent. It will also expand Henkel brands, which were predominantly urban, into semi-urban and rural areas, while Jyothy's brands will be pushed more into the urban markets and modern trade.