Credit

Showing of 21 - 40 from 120 results
Credit - Total results - 120
India pitches for a sovereign credit rating upgrade with Fitch
Business

India pitches for a sovereign credit rating upgrade with Fitch

India has pitched for a sovereign credit rating upgrade with Fitch Ratings

Bank credit growth to industries halved in November
Economy

Bank credit growth to industries halved in November

Deceleration in credit growth to the industry was seen in all major sub-sectors, except construction, beverages and tobacco and mining and quarrying.

SpiceJet's woes continue: AAI extends credit facility for 15 days until 31 December
Corporate

SpiceJet's woes continue: AAI extends credit facility for 15 days until 31 December

Cash-strapped SpiceJet's troubles seem to be far from over as the AAI has agreed to extend credit facility to the airline only for 15 days till December 31.

Aditya Puri: HDFC-HDFC Bank merger makes sense, have no proposal yet
Corporate

Aditya Puri: HDFC-HDFC Bank merger makes sense, have no proposal yet

Top private sector lender HDFC Bank has said a merger with parent HDFC makes sense in long-run, but there is no proposal on the table and regulatory clarity is required to make such a deal "more beneficial".

HDFC Bank to cut lending rate by March, says Aditya Puri
Corporate

HDFC Bank to cut lending rate by March, says Aditya Puri

Having cut its deposit offering by up to 0.50 per cent, the country's second-largest private sector lender HDFC Bank will be cutting its lending rate by March, a top official said today.

Another cut: SBI slashes retail deposit rate by 25 bps
Corporate

Another cut: SBI slashes retail deposit rate by 25 bps

India's largest public sector lender State Bank of India (SBI) has cut interest rates of three retail term deposits below Rs 1 crore by 25 basis points with effect from December 8.

ICICI Bank, HDFC Bank slash deposit rates by up to 50 bps
Biztech

ICICI Bank, HDFC Bank slash deposit rates by up to 50 bps

Two of the biggest private sector lenders ICICI Bank and HDFC Bank have effected a cut of up to 0.50 percent in term deposit rates following tepid credit growth and ease in money market rates.

Banks' deposit growth down for the first time in months
Finance

Banks' deposit growth down for the first time in months

Bank credit continued its tepid growth yet again, notching up a low 11.17 per cent to Rs 62,72,621 crore.

The Western growth model is broken and it ain't getting fixed any time soon
Economy

The Western growth model is broken and it ain't getting fixed any time soon

The US growth was a clear function of the loan growth in the pre-financial crisis years. Now that the loan growth has slowed down so has economic growth. Can this growth return?

Jan Dhan Yojana: 5.52 cr accounts opened, deposit of Rs 4,268 cr mobilised
Finance

Jan Dhan Yojana: 5.52 cr accounts opened, deposit of Rs 4,268 cr mobilised

Prime Minister Narendra Modi had launched this ambitious scheme of financial inclusion on August 28.<br />

 Journey ahead in Jan Dhan bound to be difficult: PM to bankers
Finance

Journey ahead in Jan Dhan bound to be difficult: PM to bankers

In an email to bank officers and staff, he hailed their contribution in "successfully" rolling out the scheme but added a word of caution against slackening.<br />

Jan Dhan Yojana: Banks open over 5 cr accounts, collect over Rs 3500cr
Finance

Jan Dhan Yojana: Banks open over 5 cr accounts, collect over Rs 3500cr

The Jan Dhan scheme was announced by Prime Minister Narendra Modi during his Independence Day address and was formally launched on August 28.<br />

Standard & Poor's outlook upgrade reflects our inherent strengths: SBI
Corporate

Standard & Poor's outlook upgrade reflects our inherent strengths: SBI

The US-based firm has also raised the rating outlooks on 10 other Indian banks and financial institutions to stable from negative.<br />

No Aadhaar card? No problem: Open Jan Dhan accounts by submitting 2 photos
Finance

No Aadhaar card? No problem: Open Jan Dhan accounts by submitting 2 photos

The existing account holder need not open another bank account to avail of benefits under Pradhan Mantri Jan Dhan Yojana

Jan Dhan Yojana is visionary but challenges in execution exist: Kotak
Economy

Jan Dhan Yojana is visionary but challenges in execution exist: Kotak

On the asset quality, he said the Indian banking system is probably going through the most challenging time on the whole non-performing asset side.<br />

Indian Overseas Bank covers six villages under Jan Dhan Yojana
Economy

Indian Overseas Bank covers six villages under Jan Dhan Yojana

The main features of the Jan Dhan Yojana include a Rs 5,000 overdraft facility for Aadhar-linked accounts and a RuPay Debit Card with an in-built Rs 1 lakh accident insurance cover.<br />

FinMin framing incentive scheme for bankers to push Jan Dhan Yojana
Finance

FinMin framing incentive scheme for bankers to push Jan Dhan Yojana

The first phase of Pradhan Mantri Jan Dhan Yojana (PMJDY) is scheduled to be completed by January 26, 2015, as against original plan of August 15, 2015.<br />

Cabinet reviews Jan Dhan scheme: Over 3 cr accounts opened so far
Money

Cabinet reviews Jan Dhan scheme: Over 3 cr accounts opened so far

The benefit of Pradhan Mantri Jan Dhan Yojana (PMJDY) can be extended to existing account holders without opening a new account.<br />

Splitting subsidy with oil producers credit positive: Moody's
Economy

Splitting subsidy with oil producers credit positive: Moody's

Currently, ONGC and Oil India share the fuel subsidy burden with the government on an ad-hoc basis as decided by the government