Oct 09, 2015 at 14:00 | Source: PTI
"The ongoing tightening of non-performing loans (NPL) recognition norms mean that the minimum standards for NBFCs will match those of banks, a credit positive," Moody's Vice President and Senior Credit Officer Srikanth Vadlamani said.
Oct 06, 2015 at 16:12 | Source: Moneycontrol.com
The RBI has cut rates by 125 bps since January 2015, but banks have cut one year deposit rates by an average 130 bps. Interestingly, lending rates have fallen by a meagre 50 bps, which includes the base rate cuts announced by most banks post September 29 policy.
Oct 05, 2015 at 17:17 | Source: PTI
The government has proposed to set up the MPC, which will consist of representatives from the Finance Ministry and RBI, to decide on interest rate.
Oct 05, 2015 at 08:51 | Source: CNBC-TV18
Chris Wood, CLSA says foreigners will want to buy more Indian bonds given RBI Governor Raghuram Rajan's new inflation targeting regime, based on CPI, while the relaxation in the SLR should create more room for banks to lend.
Oct 04, 2015 at 13:17 | Source: PTI
A 50 basis points repo rate cut and slew of policy measures announced by the Reserve Bank in the recent monetary policy review could attract an average annual flow of Rs 48,000 crore in government bonds from overseas investors for the next few years, says a report.
Oct 04, 2015 at 11:54 | Source: PTI
The Reserve Bank is likely to hold the pause button in its December policy meet, but may go for a final 25 basis points (bps) rate cut in February, says a Bank of America Merrill Lynch (BofA-ML) report.
Oct 01, 2015 at 11:42 | Source: CNBC-TV18
L&T Group Executive Chairman AM Naik believes the Governor needs to do more in terms of a bigger rate cut, in order to give the economy a much-needed boost.
Oct 01, 2015 at 09:37 | Source: PTI
Personal loans increased 17.3 percent in August, up from an expansion of 13.4 percent in the same month last year. Credit to agriculture and allied activities rose by 12.1 percent in the reporting month compared with an increase of 18.8 percent a year ago.
Sep 30, 2015 at 21:26 | Source: PTI
Slowdown in credit growth was observed in all major sub-sectors barring basic metal, all engineering, chemical and chemical products as well as gems and jewellery, RBI report said.
Sep 30, 2015 at 19:43 | Source: PTI
In the fourth bi-monthly monetary policy review yesterday, Governor Raghuram Rajan cut interest rate by 0.50 percent, leading to a rush of base ret revisions by banks, led by State Bank of India.