Since the beginning of this year, banks have been lowering interest rates for home loan borrowers. Union Bank of India (UBI) set the mood for a rate cut in January with a 10-basis-point (bp) reduction

Indian bank loans rose 17.3 percent from a year earlier as of May 4, while deposits grew 13.9 percent, the Reserve Bank of India's weekly statistical supplement showed. Outstanding loans rose 263.9

The Indian saver has a plethora of choices. If he wants a loan, hundreds of banks and finance companies will give it to him. To grow his wealth, he has mutual funds or pushy insurance agents. The

Faced with the recent guidelines skewed in favour of nationalised banks, private gold loan companies (non-banking financial companies or NBFCs) have urged the Reserve Bank of India (RBI) to provide a

The very nature of its business makes investors like the loan against gold business. The risk factors seem fairly low compared to the opportunities and growth prospects. Listed companies in this space

Indian banks' bad loans may have peaked and an improvement in asset quality is likely going forward, Reserve Bank of India Deputy Governor Anand Sinha said on Monday. Sinha was speaking at an industry

After keeping away from lending to realty developers for over a year following the bribes-for- loans scam, LIC Housing Finance (LICHF) plans to push up on the segment and is targeting to double

State Bank of India is cutting its loan rates for small and medium enterprises by 1.5 to 2.0 percentage points, Chairman Pratip Chaudhuri said, adding that the move would not squeeze margins at

Rajkot-based Aakash Varadarajan instantly accepted an offer from his lender to buy insurance for his home loan. He had read about these covers and readily agreed, as he was getting it without any

Get ready to pay lower loan instalments. Banks are gearing to pare their lending and deposit rates, a day after the Reserve Bank of India (RBI) signalled a reversal in the interest rate regime by