Private banks tighten vigilance on small unsecured loans

Banks in India are seeing a rise in stress related to small unsecured personal loans as borrowers with low incomes struggle to repay their debts. Yes Bank and Kotak Mahindra Bank report higher delinquencies compared to last year, while ICICI Bank is seeing the most distress in the below Rs 50,000 loan segment. RBI has expressed concerns over the increase in unsecured loans and is closely monitoring the situation.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/aAsB01N
>

Comments

Post a Comment

please do not enter any spam link in the comment box.

Popular posts from this blog

Salman Khan reveals the three villains of Radhe-Your Most Wanted Bhai; says they made the film look stronger and bigger

Image
Salman Khan’s upcoming release Radhe-Your Most Wanted Bhai is one of the most anticipated films of the year. Despite the current pandemic situation, Salman Khan has found a way for the film to reach the people. With a hybrid release the film will be available simultaneously in the theatres and on the digital platform ZEE5. Ahead of the release of the film, Salman Khan sat down for a candid chat with a group of journalists from Mumbai. When the trailer of Radhe was released several people couldn't help but be reminded of Salman Khan’s hit film Wanted . The film like Radhe-Your Most Wanted Bhai was also directed by Prabhu Dheva. Moreover, Salman’s last few films have been in the action genre. When asked what makes Radhe different, he said, “The plot is that he makes a commitment to this child whose friend dies and goes and cleans the city out. This is what Radhe is about and in that we have comedy and we have three villains- Sang Hae from Bhutan, Gautam Gulati who was in Bigg ...
Read more

Kareena Kapoor Khan takes the Childhood Challenge by UNICEF, shares a throwback picture with Karisma Kapoor

Image
Kareena Kapoor Khan and Karisma Kapoor’s childhood pictures are a treat to watch for their followers. The Kapoor sisters have taken Bollywood by the storm with their performances and now are all set to take over Instagram. During the COVID-19 lockdown, there have been a lot of after-effects that are likely to last a few years down the line. To make sure that the children don’t bear the brunt of it, Kareena Kapoor Khan has joined hands with UNICEF to protect their future. She took the recent Childhood Challenge and posted a throwback picture with Karisma Kapoor on her Instagram. The caption reads, “Some of my happiest memories are from my childhood, which shaped me into what I am today. But that’s not so for many children around the world who miss out on a safe, healthy and happy childhood. The #COVID-19 pandemic is only going to make it worse. UNICEF is providing urgent and lifesaving support for vulnerable children. I have seen their work and have donated to support their cause of s...
Read more

Dia Mirza admits Rehnaa Hai Terre Dil Mein had sexism in it

Image
Bollywood actor Dia Mirzam, who is a model-turned-actor, made her debut in the films with the 2001 film Rehnaa Hai Terre Dil Mein starring alongside R Madhavan and Saif Ali Khan. She witnessed major ups and downs in her career. In her latest interview, she opened up about her early days in the film industry, rampant sexism, and how things have changed over the years. Speaking to Brut India, Dia Mirza said, “People were writing, thinking and making sexist cinema, and I was a part of these stories. Rehnaa Hai Terre Dil Mein has sexism in it.” She further said how in those days, you wouldn't find too many women crew members or that a makeup artist has to be a man whereas a hairdresser will be a female. She said, “When I started working in films, there were at best only 4 or 5 women on any given film crew with a unit strength of over 120, sometimes 180 people. There would just never be any female representation on a film crew, so the gender ratio was skewed. Nobody really cared ab...
Read more