RBI’s loan classification numbers don’t match banks’

Even as Indian lenders face the central bank’s ire over the classification of loans or divergence that seems to be burning holes in their books, the dispute may be temporary. RBI’s scrutiny of non-performing assets raises concerns over the way classification is being done by auditors at banks. Three private-sector lenders have together reported more than Rs 12,000 crore in […]

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SBI sanctions loans worth over Rs2,300 crore for solar rooftop installations

State Bank of India (SBI) on Monday said it has sanctioned loans worth over Rs2,300 crore to seven companies for installations of solar rooftops with aggregate capacity of 575 megawatt. The financing for grid connected rooftop solar projects is through a joint programme of SBI and World Bank. The lender has availed dollar financing from World Bank to further on-lend […]

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5 Factors That Impact Your Car Loan

If you are planning to avail car loan, here's is a list of things that banks consider while processing your car loan application. Raising money for your car loan may sound easy however there are certain factors on which your car loan approval depends. Let us take you through the top things that banks consider while processing your car loan […]

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