Many companies which had raised short-term foreign exchange loans don't have the cash flows to pay these back. Most want to refinance the debt but dollars are not available and few banks are willing

With a dip in the demand for fresh loans due to sharp rise in interest rates and increased prepayments, growth in the mortgage (home loan) market would be 15 per cent in 2011-12 against 18 per cent in

Asharp rise in provisioning for bad loans lowered the net profits of public sector banks in the second quarter of this financial year. Most banks saw an increase in non-performing assets (NPAs) on

The interest rate for home loans has been going through the roof for the last couple of quarters. At the same time, CPI inflation is stubbornly at double digit. As a result, people have postponed

In a rising interest rate scenario, borrowers generally tend to hold back on procuring loans. To encourage them to take the plunge banks often try to make the best of the situation by floating

The directive assumes significance, given banks' reluctance to implement advisory on the same. The Reserve Bank of India (RBI) has asked the banks to waive the pre-payment charges in floating rate

To curb the mispricing of risks and the lack of transparency in loan pricing, the Reserve Bank of India (RBI) will set a group to suggest ways to have a transparent and non-discriminatory regime. In a

The RBI has proposed to set up a working group to look into the pricing of loans and advances as it sees a lack of transparency in pricing of floating rate loans and mispricing of risk. "In a

HNIs buy securitised micro loans that yield 13-17%. A few months ago, a big name in the financial world invested Rs 6 crore in securitised loans of micro finance institutions (MFIs). After getting

Rising rates prompt extension by 10 more years; others may follow suit. There is some good news for home loan borrowers, with the State Bank of India increasing loan tenures by 10 more years. Other