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Microfinance loans are growing at a scorching pace, but it's a warning signal

May 29, 2015

Microfinance loans are growing at a scorching pace, but it's a warning signal

.By design, MFIs are financial intermediaries that should act as a bridge to help the poor move away from the private money lender to the world of commercial
Banks want RBI to do more than just cut rates to spur lending| Reuters

May 28, 2015

Banks want RBI to do more than just cut rates to spur lending| Reuters

has been a major frustration for policy makers. Commercial banks blame the central bank's tight grip on liquidity for keeping the cost of funds high, a
Moody's sees March quarter GDP slowing to 7.2 percent on weak global demand

May 28, 2015

Moody's sees March quarter GDP slowing to 7.2 percent on weak global demand

percent.As regards domestic factors, Moody's said commercial banks have been reluctant to pass on the interest rate cuts effected by the Reserve Bank
Not just rate cuts, bankers feel RBI should deliver more for credit growth

May 28, 2015

Not just rate cuts, bankers feel RBI should deliver more for credit growth

has been a major frustration for policy makers.Commercial banks blame the central bank's tight grip on liquidity for keeping the cost of funds high, a
Factbox - China's leaders sign $80 bln of deals with India, Brazil and others| Reuters

May 27, 2015

Factbox - China's leaders sign $80 bln of deals with India, Brazil and others| Reuters

secured financing commitments of $2 billion from the China Development Bank and a $500 million credit line from the Industrial and Commercial Bank of China
In China, P2P lenders offer some relief to small entrepreneurs | Reuters

May 26, 2015

In China, P2P lenders offer some relief to small entrepreneurs | Reuters

Commercial Bank of China, its long-term lender and the world's largest bank, turning instead to Internet finance startup Jimu Box.For Baitour, getting funds
Gold monetisation: Smugglers might be more interested in scheme than households

May 20, 2015

Gold monetisation: Smugglers might be more interested in scheme than households

Prima facie, there is not much of difference between the existing gold deposit schemes available with certain commercial banks and the proposed gold
China's Li brings investment boost to struggling Brazil| Reuters

May 20, 2015

China's Li brings investment boost to struggling Brazil| Reuters

and Commercial Bank of China Ltd (ICBC), the world's largest bank by assets, will set up a $50 billion fund with Caixa Econmica Federal, Brazil
During PM Modi's visit to China, Bharti Airtel gets $2.5 bn credit line from top Chinese banks

May 17, 2015

During PM Modi's visit to China, Bharti Airtel gets $2.5 bn credit line from top Chinese banks

Development Bank had committed a $2 billion credit line, while Industrial and Commercial Bank of China has offered a $500 million credit line.The company signed
Bharti Airtel gets credit line of $2.5 bln from Chinese banks| Reuters

May 16, 2015

Bharti Airtel gets credit line of $2.5 bln from Chinese banks| Reuters

China Development Bank had committed a $2 billion credit line, while Industrial and Commercial Bank of China has offered a $500 million credit line