Surge in gold loans, NPAs: Will the proposed RBI norms achieve what is set out to do — moderate growth?

The Reserve Bank of India’s (RBI) impending framework for gold loans has come amidst a significant surge in gold loan outstanding and non-performing assets (NPAs) in the segment. The sustained rally in gold prices has driven the growth in gold loans, as …

M&T Ups Ratio of Money Set Aside for Troubled Loans

The Commercial Record file photo M&T Bank executives reduced the amount of money set aside for loans going bad last quarter while also seeing both loans and deposits take a dip. The Buffalo, New York-headquartered major regional bank’s provision for …

Personal loans: Why should you avoid taking loan for travel and luxury?

When you are short of funds, you could have a temptation to borrow money. And it is perfectly alright to borrow when the interest rate and the reason to borrow are ‘right’. But what if you intend to borrow for something as avoidable as going on a vacation …

The housing policies of both major parties are bad for Australia’s aspiring homebuyers | Saul Eslake

Sunday was a bad day for aspiring homebuyers. Both sides of politics proposed policies which will put upward pressure on housing prices – albeit one more than the other. The Coalition is proposing that, if elected, it will make interest payments on …

RBI will now allow banks and NBFCs to offload bad loans to investors directly

The Reserve Bank of India (RBI) has unveiled a new mechanism for banks and non-banking financial companies (NBFCs) to offload bad loans, allowing them to bundle and sell stressed assets directly to investors via special purpose entities established by …

RBI proposes new route for offloading bad loans

Lenders to be allowed to bundle and sell bad loans to investors

Yikes! It’s Starting to Look Really Bad for Letitia James

The more I dig into this story, the more astounded I am: Letitia James can’t really be this stupid, can she?  We’re talking about Letitia “No one is above the law” James, a poster child for the weaponized justice system that tried to sandbag and impoverish …

Reduce bad loans to boost economy

The uptrend of non-performing loans (NPLs) is creating challenges for Bangladesh's banking sector and overall economy, that too at a time when ongoing trade disputes are severely disrupting the global economy, according to various experts. Speaking on …

Bad loans must be cut to ensure good governance in banks: Speakers

Economists, researchers and academics have emphasised curtailing non-performing loans to ensure good governance in the banking sector and make the country's economy vibrant. They also said that growing non-performing loans create challenges for banks …