In addition, West Bengal will also request the Reserve Bank of India (RBI) to increase the additional credit limit to MSMEs, to 30 per cent from the existing 10 per cent.

During March-April 2020, PSBs sanctioned loans worth Rs 5.66 lakh cr for more than 41.81 lakh accounts

Besides SBI, other members of the consortium that has been cheated are Canara Bank, Union Bank of India, IDBI, Central Bank of India and Corporation Bank

The borrowers represented the micro, small and medium sized enterprises (MSMEs), retail, agriculture and corporate sectors, which was indicative of an economic revival, said finance minister Nirmala Sitharaman’s office in a tweet on Thursday.

​​​The CBI had recently booked the company engaged in export of Basmati rice to the West Asian and European countries and its directors Naresh Kumar, Suresh Kumar and Sangita on the basis of complaint from the State Bank of India (SBI), which suffered the loss of more than Rs 173 crore, they said.

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Dewey Library - LC1085.B85 2014

The CBI had recently booked Ram Dev International and its directors Naresh Kumar, Suresh Kumar and Sangita

Your existing bank will give this loan, and rates may be better

Longer-term investors with a three-five-year horizon have an opportunity to pick quality stocks, which in calmer times tend to trade at exorbitant valuations

Here is how the rares of loan against fixed offered by various banks stack up

The usual advice is that one should not withdraw from their EPF account because it hurts the retirement corpus

Loan defaulters flee, SBI complains after 4 yrs

The bank's board of directors has approved a loan to India to strengthen the preparedness of the country's national health system

Analysts would track the management's commentary on Covid-19 related impact, traction in deposits post investment in YES Bank, movement of reported GNPAs, and moratorium utilised by customers

NPA level of public sector banks has increased from 18 per cent in December 2018 to 19 per cent in December 2019

Lewis Library - ML3470.S6 2020

According to the complaint filed by SBI, the account had become non-performing asset on January 27, 2016.

Public sector bank branches face an uphill task with low demand for credit.Senior management is pressuring branch managers without understanding field-level constraints

An internal assessment of its portfolio by HDFC Bank has revealed that its NPAs may rise by 50 bps.IndusInd Bank has found that its asset quality could deteriorate by a maximum of 80 bps due to the covid-19 crisis

Retail loan growth is likely to be subdued because of the recent spate of job losses and a sense of uncertainty.Some banks are already seeing higher growth in their corporate book, as compared to their retail loan book

Punjab National Bank also requests RBI to permit one-time restructuring of loans till March 31, 2021 on a case to case basis

Retail borrowers who are facing difficult times, and are unable to repay their loans even after the moratorium ends, will get another three months to regularise their loans.As a standard practice, lenders need to classify a loan as NPA if a borrower doesn’t repay for 90 days.