Karnataka Chief Minister D V Sadananda Gowda today promised to increase loan amount for setting up of small-scale or cottage industries from Rs 25 lakh to Rs 50 lakh. "My government is determined to

Greece hopes to clinch a deal with its EU and IMF lenders on how to meet a promise to lay off state workers - a key condition to free up urgently needed bailout aid - by Sunday, senior government

Rates may be lower than personal loans; loan-to-value may also be less. Gold loans seem to have suddenly caught every lender’s eye. Financial institutions, non-banking finance companies (NBFCs) and

Unlike ICICI and HDFC, other banks and housing finance firms may not come out with schemes offering dual interest rate housing loans on the back of higher provisioning norms stipulated by the RBI for

State Bank of India (SBI), the country's largest lender, on Wednesday said it would offer a discount of 25 basis points (bps) to prospective floating home loan customers during the festive season. The

Loans grew faster than deposits during the fortnight ended September 9, indicating an increase in credit demand during the festive season. The growth in loans has been slow so far this financial year,

State Bank of India to pass on policy rate hike to consumers in two-three weeks. A day after the Reserve Bank of India raised the key policy rate by 25 basis points the country's largest lender State

RBI says these should be 'usually constant'; loan documents are vague on this issue, but banks reserve the power to change. Chartered accountant Saurabh Das (name changed on request) was not very

With consumer spending on rise and loans getting expensive, individuals are finding new ways to fulfil their money requirements. Providing Loans against Gold etc. is one more way in which borrowers

Sri Nidhi, the cooperative bank being launched tomorrow exclusively for women self-help groups (SHGs) and as an alternative to microfinance institutions in Andhra Pradesh, will be extending Rs 1,100