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RBI Fines Three Large Banks Rs 1.29 Crore For Non-Compliance In KYC, Customer Service, And Lending Standards
19 Apr 2025 16:01 GMT
… three leading banks—Kotak Mahindra Bank, IDFC First Bank, and … Punjab National Bank. The … for customer service, and lending standards. Though the RBI clarified … position of such banks or destabilise customer relations …
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Revealed: 75 Qld suburbs you could afford to buy in if lending standards drop
19 Apr 2025 01:14 GMT
Relaxing home lending rules could make up to 75 extra Greater Brisbane suburbs affordable for househunters previously priced out of the market.
Exclusive analysis by real estate services group Oliver Hume reveals changing the test for a person’s borrowing …
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Are banks too cautious? Dutton reignites ‘credit for the rich’ debate
04 Apr 2025 18:56 GMT
… Shayne Elliott warning cautious lending standards take a disproportionate … and the Customer Owned Banking Association (which speaks for … the buffer.
Barrenjoey banking analyst Jonathan Mott has … support in the banking world. Commonwealth Bank and Westpac – …
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RBA Sees Banks as Resilient to Chilling Effect of US Tariffs
03 Apr 2025 03:41 GMT
… a storm, the Reserve Bank said in a half-yearly … said.
Australia’s central bank kept its key rate unchanged … based chief economist at Royal Bank of Canada.
The Australian … s resilience could deteriorate if lending standards weakened and households took …
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Peter Dutton says he will help homebuyers who don’t have the bank of mum and dad. But how would his policy work?
01 Apr 2025 15:10 GMT
… serviceability buffer overseen by the banking regulator, used to help … percentage point serviceability rate means banks would test whether a … lending standards also appears to conflict with moves by the Reserve Bank … any broad loosening of lending standards.
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Greens hit out at Coalition's election pledge to relax bank lending laws
01 Apr 2025 07:54 GMT
… repayments.
The safety buffer for bank lenders is three per cent … for a loan if the bank is comfortable they can … only generate more profits for banks and result in crippling debt … first home buyers, but looser lending standards would apply to all borrowers …
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Amid Soaring Interest Rates, These Mortgages Don't Look Scary Anymore
18 Apr 2025 20:10 GMT
… months, according to the Mortgage Bankers Association.
These types of … mortgages. But back then, banks and lenders didn't … years ago, when lax lending standards ultimately resulted in the housing … . In fact, Cohn said banks now ensure that ARM borrowers …
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Fitch upgrades Bank of Valletta to ‘BBB with stable outlook’
28 Mar 2025 10:38 GMT
… which has allowed the Bank to consistently capture the … dedication to sustain the Bank’s positive performance. This … dedication to maintaining the Bank’s positive performance and … small economy. BOV’s lending standards and investment guidelines are in …
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New Florida-Based Firm Will Tackle Rising Financial Vulnerability Among America’s Small Businesses
17 Apr 2025 18:55 GMT
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In an era of unprecedented economic flux, the financial vulnerabilities of small businesses are drawing increased scrutiny. From pandemic aftershocks to inflationary pressures, the landscape for American small and medium-sized …
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Business bankruptcies spike in CT as uncertainty hovers over economy
24 Mar 2025 10:22 GMT
… several factors driving the increased bankruptcy activity.
Patrick M. Birney, … higher interest rates and tighter bank lending standards are increasing pressure on businesses … retailers, Birney said, noting recent bankruptcy filings by national companies like …