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IDBI Bank: High NPAs, new bad loan rules seen offsetting inflows

Recently, the lender sold a commercial building for Rs 9 billion, taking the total non-core asset sales to over Rs 41 billion in FY18.....»»

Category: topSource: business-standardApr 12th, 2018

Charts That Matter – The Petroyuan, Fed Unwind And More

1. Matter of time rising Mortgage and Personal Loan EMI will start eating into household incomes. I expect Mortgage rates to easily cross 9%  so that will be the additional burden on household finances. This in my view will start […] T.....»»

Category: blogSource: valuewalkAug 7th, 2018

Volkswagen says WLTP could cause burden of more than 1 billion euros

Resolving bottlenecks caused by tougher emissions rules could cost Volkswagen more than 1 billion euros, Chief Financial Officer Frank Witter said on Wednesday......»»

Category: topSource: reutersAug 1st, 2018

Betsy DeVos proposes stricter rules for student loan forgiveness

The proposal would cut an estimated $13 billion in planned debt relief over 10 years......»»

Category: topSource: moneycentralJul 26th, 2018

Betsy DeVos proposes rules that would cut student loan relief by an estimated $13 billion

Students who are defrauded by their schools wou.....»»

Category: topSource: latimesJul 25th, 2018

Did Trump Violate Ethics Rules With China Theme Park Deal? House Democrats Demand Federal Investigation Into $500 Million Loan

"We believe that these events raise several potential constitutional and ethical violations," the letter from Democratic lawmakers states......»»

Category: topSource: newsweekMay 28th, 2018

BoB bleeds as bad loan provision rises, posts a whopping Rs 31-bn loss

Asset quality of the bank worsened as gross NPAs surged to 12.26 per cent of gross advances as of March 31, 2018.....»»

Category: topSource: business-standardMay 25th, 2018

Tougher payday loan rules issued by consumer protection bureau to remain in place ... for now

New, tough nationwide regulations on payda.....»»

Category: topSource: latimesMay 17th, 2018

Tougher payday loan rules to remain in place, for now

Tougher rules governing the payday lending industry, finalized during the final weeks of an Obama-era appointee who led the Consumer Financial Protection Bureau, will remain in place after Congress allowed a deadline to overrule them pass......»»

Category: topSource: foxnewsMay 17th, 2018

As gig economy grows, lenders reluctant to relax income rules

Most U.S. mortgage lenders are not ready to relax income rules even as more Americans become part of the so-called gig economy, and banks are excluding income from this work on loan applications, a survey released on Wednesday showed......»»

Category: topSource: moneycentralMay 16th, 2018

NPA provisioning to hit PNB results; to report loss of Rs 27 billion in Q4

Fraud-related provisioning besides RBI's new NPA rules to hit the bank sharply.....»»

Category: topSource: business-standardMay 15th, 2018

Beware a lending freeze: PSBs need a structural change in loan-giving

Initial optimism about the speed of the asset recovery programme under the new code now seems unwarranted.....»»

Category: topSource: business-standardMay 14th, 2018

Deducting home loans interest is trickier under new tax rules

If you are looking to take a mortgage or home equity loan, you need to know how the tax changes may impact you.....»»

Category: topSource: moneycentralMay 14th, 2018

Deducting home loans interest is trickier under new tax rules

If you are looking to take a mortgage or home equity loan, you need to know how the tax changes may impact you.....»»

Category: topSource: moneycentralMay 14th, 2018

The Best Schools For Under $20K By State

Here’s a fact: more than 70% of college graduates carry student loan debt, and the average debt burden stands at $37,172. A surprising new study reveals that the problem affects millennials.....»»

Category: blogSource: valuewalkMay 9th, 2018

A professional should focus on the job, says ICICI Bank MD Chanda Kochhar

we will continue to focus on resolution and recovery, for which we may get some write-back, in addition to reducing our concentration limits, and reducing the corporate loan book, said Chanda Kochhar.....»»

Category: topSource: business-standardMay 7th, 2018

Easier bond market rules for FPI cheer public-sector bank stocks

Bond yields could slip, easing mark-to-market provisioning pain for banks; housing finance companies can access foreign borrowings.....»»

Category: topSource: business-standardApr 30th, 2018

RBI firm on new NPA rules, says cos should not take loan contract casually

The deputy governor said even some highly rated borrowers had failed on the one-day default norm.....»»

Category: topSource: business-standardApr 18th, 2018

Guggenheim: Not Too Soon to Think About Defaults and Recovery Rates

Guggenheim Investments high-yield and bank loan outlook for the month of April 2018, titled, “Not Too Soon to Think About Defaults and Re.....»»

Category: blogSource: valuewalkApr 13th, 2018

Demonetisation effect: Microfinance NPAs remain elevated in many states

Another cause can be traced to the loan waivers announced by these state governments.....»»

Category: topSource: business-standardApr 11th, 2018