Page-2 of Topic: Credit

Gross Non-Performing Assets of PSU banks touch over 6 lakh crores

The government has said that the Gross Non-Performing Assets (NPA) of public sector banks as of September 2016 has touched nearly six lakh thirty thousand crore rupees. The...

November 29, 2016

RBI proposes ‘Islamic Window’ in Banks

The Reserve Bank of India (RBI) has come up with a proposal for opening of ‘Islamic window’ in conventional banks for a gradual introduction of Sharia-compliant (interest-free) banking...

November 21, 2016

“Risk Index” to facilitate banks in extending loans soon: CIBIL

Credit Information Bureau (India) Ltd (CIBIL) is likely to bring in a “Risk Index” that will assist country’s banks in making faster decisions on extending loans to corporates...

August 12, 2012

SBI violates RBI norms on RIL loans

SBI temporarily exceeded RBI-set credit exposure limit for the consecutive 4th year in 2011-12 in case of loans given to Reliance Industries Limited (RIL). It also infringed RBI’s...

June 12, 2012

S. C. Gupta Panel for Control on Money Lenders in India

RBI announced in the ‘Annual Policy Statement for the year 2006-2007’ the setting up of a Technical Group to review legislations on money lending for : reviewing the...

September 22, 2009

India’s first Islamic bank will open in Kerala by 2010

  What is a Islamic Bank? Islamic banking refers to a system of banking or banking activity that is consistent with the principles of Islamic law (Sharia) and...

September 20, 2009

Kisan Credit Card Scheme

The aim of Kisan Credit Card Scheme (KCC) is to provide adequate and timely support from the banking system to the farmers for their short-term credit needs during...

May 22, 2009