YES Bank looks to recover up to Rs…

After posting a surprise profit, thanks to an exceptional item, YES Bank is now focussing on getting its deposits back along with recovering bad loans. The private lender aims to recover Rs 5,000-8,000 crore of…

Banks denying loans to MFIs, even for amounts…

KOLKATA: Several banks are declining loan demands by microfinance institutions (MFIs), even for those within the sanctioned limits, which may choke the credit flow in the micro and self-employed segments. While the denial of liquidity…

Rush for gold loans seen as Indians seek…

By Swansy AfonsoIndians may borrow more against their stash of gold as the world’s biggest lockdown raises financial stress in an economy that’s set for its first contraction in four decades. Indians are the biggest…