Search result for 'loan demand'

The Reserve Bank of India has issued draft guidelines for gold loans, aiming to protect borrowers' interests and standardize procedures. These norms cover assaying, documentation, communication,...

SBI chairman outlines plans to introduce innovative deposit products, including a combo product of recurring deposits and SIPs, to attract depositors and boost growth.

Kerala government condemns private financial institutions demanding loan repayments from landslide victims in Wayanad, calling it inhumane. The state will take action against such institutions.

SBI Chairman Dinesh Khara lauds the budget's inclusive approach and believes it will boost consumption growth, driven by initiatives like PMAY. He also welcomes measures on loan recovery and...

Cosmos Bank aims to increase technology spending to 9% of operating expenses in FY25, up from 7% currently, as part of its focus on digital transformation. The bank reported a net profit of Rs 384...

LIC Housing Finance will issue green bonds in FY25 to fund environmentally sustainable housing projects. The company also aims to reach a net profit of Rs 5,000 crore by FY24.

LIC Housing Finance expects a robust net profit of Rs 5,000 crore in FY24 driven by strong loan demand and expansion in non-core business. The company also highlights its focus on affordable...

Union Bank of India reported a 60% increase in net profit for the December quarter, driven by improved asset quality. However, the bank flagged rising stress in its retail book, particularly home...

Vivek Joshi, Department of Financial Services Secretary, calls for increased private sector investment in India, highlighting the need for a new cycle of investment and urging banks to consider...