Why should the people of Bengal suffer lung cancer?

Mamata Banerjee has announced a Rs 500 crore relief package to assuage those who lost their money to the Saradha chit fund. As West Bengal is dancing on the edge of bankruptcy, this money will be......

RBI rule on unsecured loans to hit lenders' capital, loan growth: Analysts

The Reserve Bank of India's (RBI's) latest order on unsecured loans is set to hit the banking sector's growth in the near-term, cautioned analysts, as they see banks slowing down on aggressive......

Gold loan: Low-cost option and credit score no bar

Gold loan is currently the fastest-growing loan category (among the various types disbursed to individuals). Photograph: Shailesh Andrade/Reuters On February 26, 2021, the outstanding loan against......

Is the worst over for Indian banks?

The banking sector is much better placed to handhold India Inc, but it’s still too early to sing “Happy days are here again!” Abhijit Lele & Raghu Mohan report. Illustration:......

Tighter dud-loan norms: Shadow banks brace for headwinds

On November 12, 2021, the Reserve Bank of India (RBI) decided to ring in uniformity in asset classification and income recognition across all lending institutions. Illustration: Dominic......