Jan 19, 2017 at 16:01 | Source: Moneycontrol.com
According to CNBC-TV18 poll, slippages below Rs 2500 crore will be positive while low cost deposits share is expected to rise owing to good flow post demonetisation.
Jan 19, 2017 at 14:57 | Source: CNBC-TV18
Speaking to CNBC-TV18 Shyam Srinivasan, Managing Director & Chief Executive Officer, Federal Bank said that the quarter was a good quarter in which they saw 32 percent credit growth on a year on year basis.
Jan 19, 2017 at 13:10 | Source: PTI
According to the 'State Focus Paper,' released by Chief Minister Pinarayi Vijayan in the State Credit Seminar organised by NABARD here last evening, the credit potential for the year 2017-18 is an increase of 7.38 per cent over the previous year.
Jan 19, 2017 at 08:32 | Source: Reuters
As part of the settlement, announced by the US Department of Justice on Wednesday, the Zurich-based bank acknowledged that home loans it pooled into the securities did not meet underwriting guidelines, with some described by employees as "complete crap" and "[u]tter complete garbage."
Jan 18, 2017 at 10:56 | Source: Moneycontrol.com
London-headquartered metals and mining company Vedanta, in a move to refinance its debt, may raise up to USD 750 million by selling dollar bonds to overseas investors. Jain Irrigation (JISL), too, may raise up to USD 250 million via same route, reports Economic Times.
Jan 18, 2017 at 10:42 | Source: PTI
Deposits have surged and credit growth has declined post demonetisation. To spur credit demand, banks have undertaken steep cuts in their MCLR in January 2017.
Jan 17, 2017 at 17:10 | Source: PTI
Mid-sized private sector lenderYes Bank today claimed to have launched the industry's firstcustomisable savings account which will protect customers from"unwanted charges" levied in current offerings.
Jan 16, 2017 at 20:39 | Source: CNBC-TV18
Speaking to CNBC-TV18 note economist Montek Singh Ahluwalia said that central banks need to have credibility. The impact of a central bank in peoples minds depends on this credibility.
Jan 16, 2017 at 18:08 | Source: PTI
Credit growth of United Bank of India (UBI) at the end of FY 2016-17 will be as low as 7-8 percent due to demonetisation impact, its MD & CEO P Bajaj said.
Jan 16, 2017 at 17:30 | Source: PTI
Days after government ordered seeking PAN details of all account holders, banks have started asking their customers, including KYC-compliant ones, to update their PAN details by February 28.