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Banks struggle to recover loans even as growth rate beats China

May 25, 2015

Banks struggle to recover loans even as growth rate beats China

Although bank loans still account for bulk of the credit in India, another factor that has weighed on bank loans is cheaper availability of funds through commercial papers and bonds. #Economy #HowThisWorks #India #China #SBI #Icra #Credit Growth #loans #Arundhati Bhattacharya
Credit offtake growth slips to 10.2%, deposits up by 11.62%

Mar 18, 2015

Credit offtake growth slips to 10.2%, deposits up by 11.62%

In the quarter ended December, bank credit slowed to 10.1 percent, as against 14.2 percent growth registered in the year-ago period. #Business #Economy #RBI #NewsTracker #State Bank of India #Icra #Credit Growth #Loan growth
Oil price slump to help cut revenue loss on fuel sales: govt

Jan 09, 2015

Oil price slump to help cut revenue loss on fuel sales: govt

According to a latest report by rating agency Icra, the crude oil prices are expected to remain at low levels in the near-term, although oil prices could marginally recover over the next one-two years with slower production growth and demand recovery. #Economy #oil #NewsTracker #ONGC #Arun Jaitley #Icra #oil price #Saurabh Chandra
Jet Airways raises $150 mn syndicate loan from Gulf lenders

Dec 22, 2014

Jet Airways raises $150 mn syndicate loan from Gulf lenders

The loan facility was fully subscribed to by banks spread across the Middle East region, the airline said in a release. #Business #Jet Airways #Naresh Goyal #Civil aviation #Mashreqbank #Etihad . ICRA
Uniform valuation by mutual funds can be expected soon?

May 23, 2013

Uniform valuation by mutual funds can be expected soon?

This means, in the future debt securities from different fund house, will have same valuations. #Mutual Funds #CRISIL #Icra #SmartMoney #debt security