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Why are banks not cutting rates? Arun Jaitley to take up issue with PSU bank chiefs today

Mar 11, 2015

Why are banks not cutting rates? Arun Jaitley to take up issue with PSU bank chiefs today

At Wednesday's meeting, Jaitley would also review the progress made on decisions taken at the two-day Gyan Sangam #RBI #Interest rate #public sector banks #NPAs #Rate cut #Bank credit #Gyan Sangam
Jaitley isnt getting it; recovery is a mirage as long as banks remain fence-sitters

Mar 10, 2015

Jaitley isnt getting it; recovery is a mirage as long as banks remain fence-sitters

The budget was a golden chance for Jaitley to keep the economic revival story intact by refuelling the banks. By choosing not to do this, Jaitley seems to be forgetting that someone needs to really fund the India growth story #GDP #Arun Jaitley #Economic Revival #Bank credit #Bank Recapitalisation #budget 2015
Bank credit up 10.39% at Rs 64,53,394 cr

Mar 06, 2015

Bank credit up 10.39% at Rs 64,53,394 cr

Deposits of the banks, on the other hand continued to outpace credit demand rising 11.85 percent to Rs 84,74,824 crore in the reporting fortnight as against Rs 75,76,609 crore in the same fortnight last year. #Economy #RBI #NewsTracker #Bank credit
FY15 GDP likely to grow 7.4%: India equals China but numbers tell a different tale

Feb 10, 2015

FY15 GDP likely to grow 7.4%: India equals China but numbers tell a different tale

The celebrations can perhaps wait a bit till the GDP numbers achieve the desired correlation with other critical factors in the economy and become more convincing #fiscal deficit #GDP growth #Gross Value Added #bank credit growth
Four graphics that explain why 7.4% GDP growth appears unrealistic

Feb 10, 2015

Four graphics that explain why 7.4% GDP growth appears unrealistic

Experts, however, are not buying the new estimate on the face value; here are four graphics that explain why. #GDP #ConnectTheDots #Economic growth #car sales #bank credit growth #manfacturing #direct tax collection