Retail Loans

On the retail front, while the RDIF book should shrink by Rs 7,000–8,000 crore this year, concerns pertaining to weak asset quality have to do with the quick flip in the retail credit cycle, Kumar said

RBL Bank evaluating opportunities in wealth management, says CEO

In an exclusive conversation, R Subramaniakumar, MD & CEO of RBL Bank said the bank’s interest in wealth management stems from its shift towards a customer-centric rather than a product-centric approach.

TransUnion CIBIL's Bhavesh Jain makes a case for daily submissions of borrowers' credit records

TransUnion CIBIL said the credit growth has been significant and the portfolio qualities too have remained stable because of the credit infrastructure, availability of information and objective underwriting. The CIC does not see unsecured delinquency transmitting to secured loans.

Yes Bank’s deposits costs to be at par with larger peers in 2–3 years, says MD & CEO Prashant Kumar

Speaking to Moneycontrol, Yes Bank's Prashant Kumar said the lender is now at a stage where it does not have to make fresh provisioning for asset quality issues of the past.

It was a calculated decision to grow a less risky retail book: Prashant Kumar, MD & CEO, Yes Bank

Growing the retail book was the only option available to Yes Bank after being placed under a moratorium, says Kumar. The bank opted for a safer but less rewarding path to avoid imposition of the prompt corrective action by the RBI.

MC Exclusive | We aim to maintain our NIM at 3.8% in long run: Axis Bank chief Amitabh Chaudhry

Amitabh Chaudhry, MD & CEO, Axis Bank speaks exclusively to Moneycontrol on what lies ahead for the bank.

Banks moves a few loans from EBLR to fixed rates in anticipation of 25 bps rate cut 

Banks are bracing for a minimum 25 bps rate cut in the February 2025 policy. Retail loans not mandatorily required to be priced on external benchmark rates are being repriced as fixed rate loans by banks to protect their profitability.

Are Indians borrowing a little too much? RBI wants personal loans monitored 

Between FY21 and FY23, the composition of secured and unsecured advances has changed during this period, with unsecured retail loans increasing from 22.9 percent to 25.2 per cent and secured loans declining from 77.1 percent to 74.8 percent

NBFCs chasing retail loans makes for an uneasy cheer

The share of retail credit has expanded to 31.2 percent in FY23 from 26.1 percent in FY19 for NBFCs. Retail loans grew at a scorching 31.3 percent in FY23 even as overall loan growth was 16.1 percent

RBI Bulletin: Retail loans contributed to more credit growth than industrial, services sectors

Retail bank credit has emerged as a major contributor to the overall bank credit growth

Retail loans can become a source of systemic risk, warns RBI

The central bank, however, was quick to add that it is well-equipped with its policy toolkit to handle any systemic risk that may arise.

Banks may see higher retail loan slippages as inflation, job losses bite borrowers

Banks are continuing with their strategy of aggressively building a retail loan book. Lenders find retail loans safer compared with risky corporate loans because default rates are relatively lower

Banking Central | Will aggressive retail loan drive boomerang on banks?

Retail loans are generally considered as a safe bet for lenders but in the event of a recession, these loans can turn risky.

Chart of the Day: Personal loans perk up for festivals

year-on-year retail loan growth has increased every month so far in FY23 and bankers expect this trend to continue in the coming months as well, boosted by the festival season demand.

Chart of the Day: State-run banks chase large-size unsecured personal loans

Public sector banks have given out large ticket sized unsecured personal loans compared with private sector peers and non-bank lenders in the past two years.

Festive Frenzy | Banks line up cheaper loans, special offers to woo retail borrowers

HDFC Bank and ICICI Bank have launched campaigns to lure festive shoppers with discounts on a range of products and services.

Retail lending rises in 2022; NBFCs disbursed highest number of loans

NBFCs disbursed 12 crores of loans from April 2021- March 2022 and registered a 64 per cent growth from April 2020 - March 2021

Are retail loans as safe as they look for banks?

Retail loans can cause big trouble even if the performance is sound, as seen in the case of RBL Bank Ltd.

What the sectoral credit data tell us

Retail loans, credit to MSME sector grows

Union Bank of India restructures loans worth Rs 15,927 crore under two recast schemes, majority in retail

Of the total slippages in the April-June quarter, close to 45 percent came from the MSME sector, said the bank’s MD & CEO Rajkiran Rai G.

Bank of Baroda cuts personal, retail loan rates by 75 bps to 7.25%

The BRLLR linked to RBI Repo Rate is revised downwards in line with the reduction on Reserve Bank of India Repo Rate from 5.15 percent to 4.40 percent, it said.

Powered by data, unsecured loans set to soar over next 5 years in India

Personal loans, credit cards and consumer durable loans are all likely to clock over 20 percent growth in the next five years, as per the report.

Retail loans hit five-year low, drop to 7.3% in H1FY19: Report

The subdued numbers come at a time when dismal employment and low consumption demand have been dragging economic growth.

Macro@Moneycontrol I New loan pricing regime

Gaurav Choudhury, Deputy Executive Editor, Moneycontrol shares his insights on the RBI's directive to banks regarding lending rates for retail loans.