Latest News on Bank Credit
Showing of 0 - 10 from 43 results
Bank Credit - Total results - 43
Dec 28, 2017
Govt to push ahead with banking reforms in new year; to infuse fresh capital in PSBs"Reform agenda is the highest priority which has to be implemented along with capitalisation. A whole lot of reforms will come so that genuine borrowers don't suffer and get hassle-free, need based credit," Financial Services Secretary Rajiv Kumar said.
Nov 30, 2017
GDP at 6.3% in Jul-Sep quarter: Economy shows good signs but growth remains tricky with muted private investmentsPresently the government is the only source of investment and in case there is any cut invoked, can affect the future GDP growth scenario
Nov 13, 2017
Memo to Arun Jaitley: Giving capital to PSBs alone won’t save ailing MSMEs; the problem runs deeperThe demand for bank loans for MSMEs will pick up only when overall economic activity improves with sector specific measures
Oct 05, 2017
Narendra Modi's speech on economy: These 3 missing data points reveal the real situation on groundBank credit is at multi-decade low and private investment at 13-year low. Do we need to say more?
Sep 28, 2017
ICICI Bank offers 1% cash back to new home loan borrowers to boost credit offtakeICICI bank has launched two more schemes -- a 20 percent cash back for spends by its debit and credit card customers up to a maximum of Rs 10,000, and a 20 percent step-up repayment -- which can be availed of along side
Sep 21, 2017
Bank credit growth unlikely to pick up during festival season, says SBI reportThere is hardly any difference in credit growth in festival and post-festival months, SBI report said
Sep 19, 2017
To boost GDP, govt should forget 3.2% fiscal deficit target, give tax sops to corporates, individualsThe onus is on the central government to to boost economy, not state governments
Sep 11, 2017
India's consumption story set to end due to low jobs growth, investment, warns AmbitHouseholds' savings ratio at an 18-year low and retail NPA problems have begun to emerge particularly in the housing finance segment, are also factors which could effect retail credit-funded consumption, Ambit said
Sep 07, 2017
Samsung India announces partnership with YES BANK; will support credit cards on Samsung Pay platformSamsung Pay will allow YES BANK credit card holders to make payments using Samsung smartphones at Point of Sale (PoS) card machines at merchant outlets.
Aug 11, 2017
Economic Survey 2016-17: RBI's key policy rate can come down by 25-75 bpsWith inflation ruling low, there is scope for reducing RBI's key policy rate by 25-75 basis points, said the Economic Survey-part II