Latest News on Bank Credit
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Bank Credit - Total results - 47
May 15, 2018
China's state-run bank launches first India-dedicated investment fund, urges Chinese to invest heavily in Indian economyThe fund, named as the Industrial and Commercial Bank Credit Suisse India Market Fund, will "invest in exchange-traded funds listed on more than 20 exchanges in Europe and the US that are based on the Indian market."
Apr 25, 2018
Bank credit grows at 11.52%, deposits at 7.96% in fortnight ended 13 April: RBI dataBanks' credit rose 11.52 percent year-on-year to Rs 84,78,459 cr and deposits grew at 7.96 percent to Rs 113,77,729 cr in the fortnight ended 13 April, RBI data showed
Mar 07, 2018
From bad loans to excess liquidity, why situation post NPA and fraud episodes is not a happy one for banksBanks Board Bureau that was set up for appointments has not exactly been even a moderate success and hence the issue of management at banks remains open.
Mar 06, 2018
Life after PNB fraud: As the heat turns on India's bankers, a loan squeeze may hurt economyCirca 1996, state-controlled Indian Bank faced a Rs 1,336 crore scam which after inflation-adjustment may compare well in size with the PNB fraud.
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