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HEAVY investment by banks in risk-free government securities has widened the gap between the rates of growth in deposits and advances. As a result, advances to deposit ratio has shrunk despite a surge in bank lending for the private sector.
May 21, 2012 at 02:47 | Source: DAWN Group
WASHINGTON D.C. -- The government's vehicle for promoting U.S. export sales survived a challenge from conservatives Tuesday with a Senate vote to renew the charter of the Export-Import Bank for three years. The vote, coming after the Senate rejected ...
May 16, 2012 at 04:04 | Source: Aiken Standard
“The bank's net profit increased by 37% from Rs.293 cr. in FY11 to Rs.402 cr. in FY12 and operating profit grew by 24% in FY12. Total of deposit and advances grew by 27% in FY12 to Rs.63,782 cr. and the management expects it to grow to
May 22, 2012 at 08:50 | Source: MoneyControl.com
Forty-one stocks rose on the gauge while 23 dropped. The real strengthened 2.1 percent to 1.9874 per U.S. dollar after the central bank offered currency swap contracts at an auction for the fourth day this week. “From what we’ve seen on the ...
May 25, 2012 at 21:33 | Source: Bloomberg
Brazil’s real gained for a fourth straight day, the longest stretch of advances since February, on speculation the central bank is prepared to auction more currency swaps to maintain the exchange rate. “The central bank is holding a sword ...
May 28, 2012 at 15:46 | Source: Businessweek
the board chairman said there was a significant increase of 74% in gross advances from the 2010 figure of 3,324,875.00 to 5,785,875.00 in 2011. He said in fulfilling its co-operate social responsibilities in its area of operation, the bank disbursed a sum ...
May 28, 2012 at 20:53 | Source: GhanaHomePage
extending the longest streak of advances since April 27. The yield on the government’s benchmark three-year bonds rose four basis points, or 0.04 percentage point, to 8.335 percent. The Magyar Nemzeti Bank left the two-week deposit rate at 7 ...
May 29, 2012 at 12:46 | Source: Bloomberg
The bank restructured ~Rs1,700cr of loans during the quarter (majorly Air India’s ~Rs1,000cr), taking its outstanding restructured advances to ~Rs6,200cr (~4.8% of the overall loan book).” “The stock is currently trading at 0.5x FY2014E ...
May 15, 2012 at 08:59 | Source: MoneyControl.com
207,792.00 to GH?300,920.00. The board chairman said the bank gave GH?1,549,782.00 as loans and advances to customers and the amount represented an increase of 38 per cent over the previous year’s figure of GH?1,119,896.00 In an address read on his ...
May 25, 2012 at 08:47 | Source: GhanaHomePage
He said looking ahead NPA will be maintained at two per cent of gross advances. Last year Indian Bank reported gross NPA and net NPA of Rs.1,850.78 crore and Rs.1,196.83 crore up from Rs.740.31 crore and Rs.397.04 crore respectively posted during 2010-11.
May 12, 2012 at 04:23 | Source: New Kerala