Tag Archives: loans

United Bank net loss at RS 345 crore

The lender had posted a net loss of Rs 211.46 crore for the first quarter of the current fiscal. State-run United Bank of India on Monday reported a whopping net loss of Rs 344.83 crore for the second quarter ended ...

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Punjab Minister Rana Gurjit Singh took loans from firms that funded mine auction

As per Rana Gurjit’s affidavit submitted before Election Commission prior to the Punjab Assembly elections earlier this year, he has taken a loan of Rs 407 lakh from RGS Traders Pvt Ltd, Rs 546 lakh from RJ Texfab Ltd and ...

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Stand Up India plan slowing down: Only 6% of bank branches gave loans to SC/STs

In all, the 42 RRBs have sanctioned Stand Up India loans to 536 people — 97 under the SC head, 32 in the ST category and 407 general category women. Three RRBs have not sanctioned a single such loan to ...

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Lending rates: RBI proposal poses many questions

The Reserve Bank of India’s (RBI) proposal to link lending rates to an external benchmark might solve the persisting issue of monetary transmission but questions arise as to how these short-term rates could help in the effective pricing of long-tenure ...

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Here is why RBI wants leading rates to be linked with external benchmark rates

MUMBAI: Those who avail of home loans and personal loans could soon be on par with the big corporates when it comes to how banks calculate interest charges on borrowers. Interest rates on loans across the board would soon be ...

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