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Corporate loans News
HDFC Bank mid-corporate loan book doubles to over Rs 90,000 cr in 3 years, set to hit Rs 1-lakh cr in Sept
Wed, Sep 11, 2019
Of the Rs 90,000 crore emerging corporate loan book, around Rs 7,000 crore are the bank's exposure to the debt papers (mostly Commercial Papers and Non-Convertible Debentures) from these target companies, the official reportedly said, adding that 70 per cent of the book is working capital loans.
Want to be a loan guarantor? Be prepared for a double whammy
Wed, Aug 22, 2018
On August 15, the Supreme Court of India ruled that banks should act against guarantors even as proceedings under insolvency code Bankruptcy Code are on. This was with reference to corporate loans. But what if it’s a family member or a close friend asking you to become their loan guarantor? Many times it is simply difficult to refuse.
Retail loan is not a nirvana, Mundra warns bankers
Fri, Aug 10, 2018
"If every banker is searching a nirvana in retail loans then I think a word of caution is needed," Mundra said at an Assocham event here today.
Will commercial banks too feel the strain of rising NPAs?
Wed, Jul 20, 2016
“The government has taken specific measures to address issues in sectors such as Infrastructure (Power, Roads etc.), Steel and Textiles, where incidence of NPAs is high, said Santosh Kumar Gangwar, Minister of State (MoS) for Finance in a response to a question in the Lok Sabha..