The State Bank of India Group, which had worked with aggression for some time to grow market share for deposits and loans, saw fellow public sector banks eating into market share by the end of March

Micro-lenders' plans to restructure the loans of their poor customers appears to have hit a hurdle, with the Andhra Pradesh state government asking firms to formally re-submit the proposal. The state

Just a day after banks agreed to waive prepayment charges at a meeting with the Reserve Bank of India (RBI), home loan borrowers are faced with a bigger problem, a rise in equated monthly instalments

Having paid a stiff price in the form of huge provisioning, the country's biggest lender State Bank of India today ruled out relaunching a dual rate scheme for home loans, according to its chairman P

Prepayment penalty, a nightmare suffered often by individual borrowers of home or car loans, is set to end. In a meeting with the Reserve Bank of India held on Monday, banks agreed to waive prepayment

The Reserve Bank of India (RBI) said on Tuesday loans that are fixed in the initial years and become floating later would be considered as teaser loans and banks must make provisions as mandated by

Multi-lateral lender Asian Development Bank (ADB) has approved Rs 2,300 crore ($500 million) loan to help India improve rail services along some of the country's busiest freight and passenger routes.

Microfinance institutions (MFIs) seem to have taken a leaf out of the banks' debt recast programme for the sector to cap mounting bad loans in their own credit portfolio in Andhra Pradesh. Top

Lower cost a plus for these small-ticket borrowings in today's macroeconomic uncertainty. Loan syndication from abroad appears to be the flavour of the season, after the euro zone debt crisis and the

Avoid shares as collateral, as you may need to pay for the decline in stock price in volatile market. With the Sensex down 20 per cent since the beginning of the year, many investors are feeling the