Lending News - Latest Updates & Headlines
Bank of Baroda passes on RBI rate cut to retail and MSME customers
Mumbai, April 10: The government-owned Bank of Baroda on Thursday announced the immediate transmission of the Reserve Bank of India's (RBI) policy rate cut to its customers.
Bank of India, UCO Bank cut lending rates after RBI repo rate slash
New Delhi, April 9: Hours after the Reserve Bank of India (RBI) announced a 25 basis points cut in the repo rate, two major public sector banks -- Bank of India and UCO Bank on Wednesday reduced their lending rates, bringing relief to both existing and new borrowers.
Microfinance credit costs to decline from 7-year high: Report
Mumbai, April 9: Microfinance institutions (MFIs) are expected to report lower credit costs in fiscal 2026 due to a stabilisation in the collection efficiency, better borrower-lender discipline, and an increase in provision cover, according to a Crisil report released on Wednesday.
RBI to expand ambit of co-lending to enhance credit flow
New Delhi, April 9: Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday announced a major proposal to liberalise the RBI's co-lending guidelines for banks and NBFCs to expand their ambit beyond priority sector lending to which they are currently restricted.
RBI named most innovative financial institution globally by Global Finance
Mumbai, April 8: The Reserve Bank of India (RBI) has been recognised as the Most Innovative Financial Institution globally in Global Finance's prestigious 2025 Innovators list, the central bank said in a post on X.
India's rural lending landscape sees key transformation, structured loan schemes rise
New Delhi, April 2: Driven by rapid digitisation, rise of fintech and increased government support, the rural lending landscape in India is undergoing a significant transformation, creating new opportunities for structured and efficient lending models and ensuring that credit reaches those who need it most, according to a new report.
Credit growth of banks expected to reach 13 Pc in FY26 from 11.2 pc in FY25: Report
New Delhi, March 31: The credit growth of India's banking sector is likely to rise to 13 per cent in the financial year 2025-26 (FY26) from the current level of 11.2 per cent, according to a report by Anand Rathi.
Tightening microfinance loan norms to defuse risk for overleveraged borrowers: S&P Global Ratings
New Delhi, March 30: Tightening regulations and stricter underwriting standards in Indian microfinance will rein in growth plans for sector lenders and defuse risk build-up for overleveraged borrowers, said S&P Global Ratings.
Revised RBI's priority sector lending norms to further boost economy: SBI report
New Delhi, March 26: The recent amendments in priority sector lending (PSL) guidelines by the Reserve Bank of India (RBI) should further help the economy grow faster and fine tune the building blocks of the factors of productions, mainly the MSMEs, agri and allied sectors, housing and exports, etc, a report by SBI Research said on Wednesday.
RBI should include infrastructure loans in Priority Sector Lending category: SBI Report
New Delhi, March 26: The Reserve Bank of India (RBI) should include loans given to infrastructure projects--such as roads, ports, railways, airports, highways, and the energy sector--under priority sector lending (PSL) or exempt them from the calculation of Adjusted Net Bank Credit (ANBC) for PSL targets, suggests a report by State Bank of India (SBI)
RBI's revised priority sector lending norms ease credit constraints in renewable energy sector: SBI
New Delhi, March 26: The Reserve Bank of India's (RBI) revised guidelines for Priority Sector Lending (PSL) have helped ease credit constraints in the renewable energy sector, according to a report by the State Bank of India (SBI).
RBI's revised priority sector lending norms to benefit banks: Experts
New Delhi, March 25: The Reserve Bank of India's (RBI) decision to revise priority sector lending (PSL) norms will benefit banks with a significant housing loan portfolio, while also intensifying competition in the renewable energy sector, experts said on Tuesday.
RBI says banks cannot impose excessive charges on loan amounts upto Rs 50,000 under the priority sector lending
New Delhi, March 25: The Reserve Bank of India (RBI) has made it clear that banks cannot impose excessive charges, particularly on smaller loan amounts under the priority sector lending (PSL) category.
Union govt is measuring to increase blending of ethanol in petrol beyond 20 pc from 2030
New Delhi, India, March 20: The Union government is planning to increase the blending of 20 per cent ethanol in petrol from 2030, Union Minister of State for Tourism and Petroleum Suresh Gopi said in a written reply to the Lok Sabha on Thursday.
20 pc ethanol-blended petrol: No major issues with vehicle performance, says govt
New Delhi, March 20: Using 20 per cent ethanol-blended petrol (E20) did not result in any major issues in vehicle performance, wear of engine components, or engine oil deterioration with E20 fuel, the government told the Parliament on Thursday, citing a panel finding.
MSMEs to get 60 pc credit guarantee on loans up to Rs 100 crore
New Delhi, March 18: : The Mutual Credit Guarantee Scheme for MSMEs has been launched for providing 60 per cent guarantee coverage by the National Credit Guarantee Trustee Company Limited (NCGTC) to Member Lending Institutions for credit facility up to Rs.100 crore sanctioned to eligible MSMEs for purchase of equipment and machinery, the Parliament was informed on Tuesday.
Bank credit to priority sectors jumped 85 pc to Rs 42.7 lakh crore in last 6 years: FM Sitharaman
New Delhi, March 11: The overall credit disbursement by banks to priority sectors including agriculture, MSME and social infrastructure in 2019 was Rs 23,01,567 crore, which rose to Rs 42,73,161 crore in 2024, recording an increase of 85 per cent over the six-year period, Finance Minister Nirmala Sitharaman informed the Lok Sabha on Tuesday.
India cut 557 lakh metric tonnes of carbon dioxide emissions through ethanol blending in a decade: Union Minister
Jaipur, March 11: Rajya Sabha MP and Rajasthan BJP President Madan Rathore said on Tuesday that India has significantly reduced its dependence on crude oil imports while advancing toward its net-zero emission target.
Govt to further reduce dependency on imported crude oil, promote domestic production
New Delhi, March 10: The government has taken various measures to reduce the dependency on imported crude oil and to promote domestic production of oil and gas, the Parliament was informed on Monday.
Centre notifies scheme to help sugar mills produce more ethanol for green push
New Delhi, March 7: The Centre has notified the scheme for increasing the financial viability of cooperative sugar mills through interest subvention on bank loans for converting their existing sugarcane-based ethanol plants to multi-feedstock units, according to an official statement issued on Friday.
Financial inclusion: Massive surge in active women borrowers in India
New Delhi, March 7: Women in India are taking charge of their financial futures like never before, with a 45 per cent year-on-year (YoY) increase in women borrowers since 2022, multiple reports have revealed.
Govt should ease lending restrictions on NBFCs to improve credit for MSMEs: World Bank
New Delhi, March 6: In a bid to enhance the availability of credit for Micro, Small, and Medium Enterprises (MSMEs), the World Bank, in its latest report, has stated that the government should remove the interest cap on NBFCs to ease the lending restriction.
India's banking sector on recovery path, credit up to 11.4%, deposit up to 10.3% in Jan: Report
New Delhi, March 3: After witnessing a downward trend since April 2024, credit growth in India has shown signs of recovery, rising to 11.4 per cent in January 2025, compared to 11.2 per cent in December 2024, according to a report by Anand Rathi Research.
India emerges as world's 3rd largest biofuel producer: Hardeep Puri
New Delhi, March 3: In the global energy landscape, India stands strong as the third largest biofuel producer, driving the shift towards cleaner and renewable energy, Minister of Petroleum and Natural Gas, Hardeep Singh Puri, said on Monday.
NABARD sees Rs 2.8 lakh crore priority sector lending potential in Punjab
Chandigarh, February 28: NABARD has estimated a credit potential of Rs 2.79 lakh crore towards Priority Sector Lending in Punjab.
India planning to raise ethanol blending by 20 per cent: Hardeep Singh Puri
Guwahati, Feb 26: Union Petroleum and Natural Gas Minister Hardeep Singh Puri stated on Wednesday that India is considering raising its goal to blend ethanol with gasoline to more than 20 per cent.
SIDBI signs MoU with Tata Capital Limited to strengthen financing avenues for MSMEs
New Delhi, February 25: Small Industries Development Bank of India (SIDBI) and Tata Capital Limited (TCL) signed an MoU for "Partnership for financing MSMEs," a release said on Tuesday.
Stress in Credit card segment to peak in coming 1 or 2 quarters: Phillip Capital Report
New Delhi, February 25: The overall credit costs in the credit card segment are expected to peak in the next one to two quarters, according to a report by Phillip Capital.
Household borrowing falls further in January amid regulations in South Korea
Seoul, Feb 12: Household loans extended by South Korean banks fell for the second consecutive month in January on tightening loan regulations and a slowing real estate market, data showed on Wednesday.
Cabinet raises price of molasses-made ethanol for current season
New Delhi, January 29: Union Cabinet, chaired by Prime Minister Narendra Modi, has raised the price of molasses-made ethanol for the current marketing season. Molasses are widely used in ethanol blending in petrol.
Cabinet okays hike in price of ethanol used for petrol blending
New Delhi, Jan 29: The Union Cabinet on Wednesday approved an increase in the ex-mill price of ethanol derived from C Heavy Molasses (CHM) to Rs 57.97 per litre from Rs 56.58 per litre earlier, under the Ethanol Blended Petrol programme, for the supply year 2024-25.
A Step-by-Step Guide to Borrowing Money in Sri Lanka
Colombo, Jan 24: Life is erratic, and occasionally sudden financial crises develop. Having rapid cash available might really save lives in such times.
The Financial Bridge: How Short-Term Online Loans Support Everyday Needs in Sri Lanka
Colombo, Jan 24: In the fast-track world of today, one finds it very tough to maintain financial stability. For developing economies such as Sri Lanka, an increased living standard with rare economic recessions has, however, given rise to unexpected expenses or cash shortages for most of them.
Agriculture processing industry seeks modernisation incentives, tax breaks, export boosts in Budget
New Delhi, January 20: As the Union Budget 2025-26 approaches, leaders from the agriculture processing and allied industries have voiced their expectations for measures that can significantly boost the sector's growth and sustainability.
Indian fintech sector 3rd largest globally-funded ecosystem, raises $1.9 bn in 2024
Bengaluru, Jan 13: The Indian fintech sector raised $1.9 billion in 2024, keeping its position as one of the top three globally-funded fintech ecosystems last year, behind the US and the UK, a report showed on Monday.
IIFCL aims to double lending to Rs 1 lakh crore in three years: MD Jaishankar
New Delhi, January 6: PR Jaishankar, Managing Director of India Infrastructure Finance Company Limited (IIFCL), has set an ambitious target to double the company's lending to Rs 1 lakh crore within the next three years.
Indian banks to see range-bound 12.5% credit growth in 2024-25: HSBC
New Delhi, January 3: Credit growth of Indian banks are expected to witness a range-bound 12.5 per cent growth in the current financial year 2025, HSBC Global Research said in a report, attaching a rider that slowdown in GDP growth remains a downside risk.
Loan against gold on rise, RBI raised concerns over irregular practices involved in gold loans
New Delhi January 2: The Gold loans in the country has registered strong growth recently says a report by Reserve Bank of India.