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Banking Economy

Dec 08, 2016 at 12:59 | Source: Reuters
Prime Minister Narendra Modi shocked the country on November 8 by abolishing 500 and 1,000 rupee notes, which accounted for 86 percent of the cash in circulation. The move was aimed at cracking down on the shadow economy, but has brought India's cash economy to a virtual standstill.
Dec 07, 2016 at 18:10 | Source: PTI
The average growth of money supply in the economy may slip to 9 percent from 12 percent in the near term, if 25-30 percent of unaccounted currency does not flow back into the banking system post demonetisation move, Dun & Bradstreet said in a report.
Dec 07, 2016 at 15:21 | Source: Moneycontrol.com
Speaking on the cash crunch in the economy, Gandhi said the central bank was trying to provide adequate cash.
Dec 07, 2016 at 15:19 | Source: CNBC-TV18
The RBI has kept in the mind the possible rise in crude prices when keeping the rates unchanged, says Sajjid Chinoy, Economics, JPMorgan. A sudden surge in crude prices could create inflationary pressure on the economy.
Dec 07, 2016 at 15:04 | Source: Reuters
The Reserve Bank of India (RBI) unexpectedly kept its policy repo rate unchanged at 6.25 percent on Wednesday, despite calls for action as an intense cash shortage threatens to slam the brakes on the world's fastest growing major economy.
Dec 07, 2016 at 10:29 | Source: Reuters
The 0.5 percent contraction was the largest since 2008 and a major embarrassment to the conservative government of Malcolm Turnbull which won an election in July on a pledge to deliver growth and jobs.
Dec 07, 2016 at 10:08 | Source: Reuters
Indian shares fell over 6 percent a day after the November 8 announcement by Modi outlawing high-value bank notes, coinciding with a shakeout in global financial markets after Donald Trump's victory in the US presidential election.
Dec 06, 2016 at 12:00 | Source: Reuters
Most economists believe the RBI will cut the repo rate by 25 basis points (bps) to a six-year low of 6.00 percent at a policy review, and follow that with at least one easing next year after the scrapping of high-value bank notes severely curbed consumer demand.
Dec 06, 2016 at 11:20 | Source: CNBC-TV18
Unless currency disbursements improve and liquidity returns to the system quickly, the impact of demonetisation on economy and corporate performance could be much more severe than anticipated; that is the feedback from a survey done Religare Capital Markets through a road-trip that concluded recently.
Dec 06, 2016 at 10:42 | Source: CNBC
India's economy is forecast to grow 7.5 percent in the financial year through March 2018, according to Deutsche Bank. Goldman Sachs pegged the number higher at 8.6 percent.
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chhaya_1970

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Kingfisher Air  

,capital intensive,& above all most difficult to manage,more over cancellation of KINGFISHER licence will only adversely affect banks & economy with out bringing any positive result.

11.09 AM Oct 18th 2012

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Source:Bloomberg - Spain will pay about 1.5 percent on the European bailout loans for its banks, Economy Minister Luis de Guindos said as he continued to rule out the need for a sovereign rescue. The rate will be variable, made up of a base rate plus commissions and it

12.30 PM Jul 24th 2012

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Source:Business Week - Spain will pay about 1.5 percent on the European bailout loans for its banks, Economy Minister Luis de Guindos said as he continued to rule out the need for a sovereign rescue. The rate will be variable, made up of a base rate plus commissions and it

12.30 PM Jul 24th 2012

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Source:Business Week - Spain will pay about 1.5 percent on the European bailout loans for its banks, Economy Minister Luis de Guindos said, as he again rejected the need for a sovereign rescue in the face of surging government borrowing costs. The rate will be variable, made

12.12 PM Jul 24th 2012

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Source:Bloomberg - Spain will seek a European bailout for its banks, Economy Minister Luis de Guindos told a press conference in Madrid today, following a conference call of euro- area finance ministers. Guindos said the aid to Spain will be provided on terms “much more

12.14 PM Jun 11th 2012

aavinay

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Indian indices  

default means unorderly default...this means that there is no future of more than USD 600 billion loans they have which has been given by multiple pvt & public lenders...can u even imagin the catastrophic effects it will have on world wide banks/ economies..on other hand, what Greece will gain

7.05 PM Feb 19th 2012

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