Latest News for: loan lending

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RBI releases draft guidelines for web aggregators of loan products

Deccan Herald 27 Apr 2024
... the Reserve Bank of India has today placed on its website the Draft Circular on ‘Digital Lending – Transparency in Aggregation of Loan Products from Multiple Lenders’, the RBI said in a statement.
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Yes Bank Q4 standalone net profit rises to ₹452 crore

Hindustan Times 27 Apr 2024
The private lender said that the Provisions and contingencies, or funds kept aside for potential bad loans, fell to ₹471 crore from ₹618 crore ... for loans. That has weighed on their lending margins.
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Yes Bank Q4 profit doubles to Rs 452 cr, reports higher stress in unsecured advances

Deccan Herald 27 Apr 2024
Kumar added that the bank is still looking to acquire a microfinancier which will help it on the PSL front.</p>.<p>There was 0.70 per cent impact on NIM because of the PSL shortfall, and ...
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Amid Mortgage Downturn and Rising Credit Card Defaults, What's Next for Retail Lending?(AI Translation)【周刊提前读】按揭熄火、信用卡坏账 银行零售信贷何处去？

Caixin Online 27 Apr 2024
In 2023, the growth rate of retail loan volumes in the banking sector slowed down, weighed down by the stall of the traditional retail lending "engine" of personal mortgage loans.
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Cyprus caps rates at 11.42%

Ekathimerini 27 Apr 2024
The Central Bank of Cyprus has determined the maximum interest rate for lending in the country to ...
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Financial institutions see lots of change in ’23

The Vindicator 27 Apr 2024
A lot of institutions pulled back on lending in 2023 because of tight liquidity, which pushed up loan rates and interrupted auto sales, Demmler said. 717, however, “had a very strong lending year last year” with more than 8,000 auto loans.
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Debating Expatriate Travel Restrictions in Bahrain: Human Rights vs. Economic Impact

The Daily Tribune - Bahrain 27 Apr 2024
“When banks provide a loan, there is a degree of profit and a calculation of risks when they extend that loan. Perhaps the free market needs to adjust per lending practices to protect the bank’s assets.
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Startup Mantra: SkillGati brings knowledge at farmers’ fingertips

Hindustan Times 27 Apr 2024
We found out that the rural youth go to banks to avail loan for their agri-businesses, but the banks are hesitant because they do not know how much these youth know to build a business and whether they can repay.
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Bank credit standards steady in Q1

The Manila Times 26 Apr 2024
The Senior Bank Loan Officers' Survey results indicate that a larger percentage of bank respondents kept overall credit requirements steady for lending to both firms and households.
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Lending service providers may have to provide digital view of all offers: RBI

The Times of India 26 Apr 2024
The proposed guidelines would require lending service providers (LSPs) to digitally share all available ...
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How illegal loan sharks prey on households desperate for credit

The Daily Mail 26 Apr 2024
The loan shark, who Fishwick spoke to as part of a campaign against illegal lending with ITV's Good Morning Britain, added that he has lent as much as £100,000 to somebody in order to pay off their mortgage.
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Rhode Islanders are taking out risky loans from online 'rent-a-banks.' How it works.

The Providence Journal 26 Apr 2024
The phrase "predatory lending" conjures up images of check-cashing joints in run-down neighborhoods. But those old-fashioned storefronts are no longer the only place where Rhode Islanders who are struggling to make ends meet can turn for a loan.
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CIBIL: Applying for an unsecured loan? These are the credit score requirements

Live Mint 26 Apr 2024
... denying the fact that banks tend to lend to borrowers who have good to excellent credit scores for unsecured loans.This is how banks view a range of credit scores.Excellent Credit Score (Above 750).
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RBI proposes tighter norms for LSPs offering multiple loan products

Business Line 26 Apr 2024
MumbaiThe Reserve Bank of India has issued a draft circular proposing the framework for aggregation of loan products by lending service providers (LSPs) in order to ensure complete transparency for ...
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Aggregate gross loans in GCC hit $2trn: Kamco Invest

GDN Online 26 Apr 2024
The net impact of an almost equivalent growth in lending and deposits was a marginal improvement in the aggregate loan-to-deposit ratio for the aggregate GCC banking sector that reached 79.2% at the end of Q4-2023.&nbsp; ... Resilient lending.

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Star Tribune
27 Apr 2024
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AP / Leo Correa
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Watan
27 Apr 2024
File - In this Thursday, Nov. 20, 2014 photo taken on a government organized media tour, women and their children walk near a truck carrying government troops in Tabit village in the North Darfur region of Sudan, where allegations surfaced of rape of women by government allied troops.
AP / Abd Raouf
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France24
27 Apr 2024
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USAF File / Staff Sgt. Robert Barney
Gaza aid from Cyprus resumes after pause following aid worker killings, source says
Khaleejtimes
27 Apr 2024
FILE - A ship belonging to the Open Arms aid group and is one of three ships loaded with canned food destined to Gaza, has returned to the Cypriot port of Larnaca, Cyprus, Wednesday, April 3, 2024. World Central Kitchen and a few other aid groups suspended operations in Gaza, after seven aid workers were killed by airstrikes. Yet despite the danger, many of the largest organizations barely slowed down. Hunger has become commonplace in Gaza amid the war with Israel, and U.N. officials warn that famine is increasingly likely in northern Gaza. 
AP / Petros Karadjias, File
Xi tells Blinken US, China should be 'partners, not rivals'
The Philadelphia Inquirer
26 Apr 2024
U.S. Secretary of State Antony Blinken meets with Chinese President Xi Jinping at the Great Hall of the People, Friday, April 26, 2024, in Beijing, China.
AP / Mark Schiefelbein, Pool
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