Tag: credit

IMPS glitch: UCO Bank recovers ₹649 crore out of ₹820 crore

After certain account holders of UCO Bank received a total of around ₹820 crore in “erroneous credits” via the Immediate

Pidilite Industries Ltd (PIL) on Wednesday said it plans to set up a lending business, which will provide credit to its domain ecosystem

The digital lending industry is betting big this festive season as it sees an upsurge in demand as consumers prepare

The lenders of Future Retail Ltd have rejected the bid submitted by Space Mantra for the debt-ridden firm, which

To support the current strong uptick in credit growth, bank deposit rates are expected to remain at elevated levels for

Build-up of an excessive leverage in the real sector and dilution in underwriting standards could be the two major consequences

Bank credit growth declined to 14.8 per cent year-on-year (y-o-y) in July 2023 when compared to 15.1 per cent a year

Banks saw robust credit and deposit growth in the fortnight ended August 11, according to RBI data. Deposit growth, however,

The positive credit growth outlook is driven by economic expansion, increased capital expenditure, implementation of PLI scheme and a push for

Aided by strong operating performance, Punjab National Bank (PNB) reported a 307 per cent increase in standalone net profit for