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  • SBI, ICICI slash FY12 credit growth targets Jun 22, 2011 04:05 PM IST

    SBI, ICICI slash FY12 credit growth targets

    Not only RBI, government and rating agencies but also bankers are not too optimistic about credit growth this year. Banking giants like State bank of India and ICICI are cutting down their expectation of a 20% credit growth this year, reports Gopika Gopakumar of CNBC-TV18.

  • In focus: Will banks pass RBI's 25 bps rate hike to you? Jun 21, 2011 03:31 PM IST

    In focus: Will banks pass RBI's 25 bps rate hike to you?

    MV Nair, CMD, Union Bank says credit growth is falling but deposit rates are still very high. He expects to pass on the rate increases by the second half of FY12. Romesh Sobti, MD and CEO of IndusInd Bank says they have already passed on a 25 bps rate hike to their customers.

  • Credit growth in banks likely to fall: Nair Jun 18, 2011 11:58 AM IST

    Credit growth in banks likely to fall: Nair

    The credit growth in banks is likely to come down due to the repo and reverse repo rate hikes by the Reserve Bank of India (RBI), according to Mr M. V. Nair, Chairman and Managing Director, Union Bank of India.

  • Indian banks to remain stable in FY12: S&P Jun 08, 2011 05:10 PM IST

    Indian banks to remain stable in FY12: S&P

    The outlook for Indian banks remains stable in 2011-12; despite interest rates continue to rise. The sector's growth is likely to be high in the next two to three years, according to a report christened as "India Banking Outlook 2011: Stability Ahead, But Some Headwinds Remain" by Standard & Poor’s, a global rating agency.

  • SBI is playing catch-up: CFO May 11, 2011 08:54 AM IST

    SBI is playing catch-up: CFO

    Following the large hike in its base rates by 75 bps, Diwakar Gupta, CFO, SBI, told CNBC-TV18 that the bank is compensating for a sluggish rise in the past. In spite of the number being large, they still compare among peers as having low rates, he said.

  • Govt fills Bank of Maharashtra's coffers with Rs 352cr Mar 24, 2011 12:24 PM IST

    Govt fills Bank of Maharashtra's coffers with Rs 352cr

    S Bhatacharya, CMD of Bank of Maharashtra, in an interview with CNBC-TV18’s Mitali Mukherjee and Sonia Shenoy, said that the ministry of finance, Reserve Bank of India and Government of India decided to credit the money into Bank of Maharashtra account on Wednesday.

  • China's central bank chief vows 'appropriate' liquidity Mar 11, 2011 08:33 AM IST

    China's central bank chief vows 'appropriate' liquidity

    China's central bank will ensure that there is an appropriate amount of liquidity in the banking system this year, while guiding credit growth at a reasonable pace, it said in a statement on Friday.

  • See stability in margins ahead: IndusInd Bank Feb 02, 2011 05:04 PM IST

    See stability in margins ahead: IndusInd Bank

    Ramesh Sobti, Managing Director, Indusind Bank, in an interview with CNBC-TV18’s Latha Venkatesh, spoke about the results and gives his outlook going forward.

  • RBI says credit up 24.42% on year to December 31 Jan 12, 2011 08:20 PM IST

    RBI says credit up 24.42% on year to December 31

    Indian banks' credit growth till December 31 was at 24.42% on year to Rs 37.63 lakh crore and that of deposits was 16.46% to Rs 49.71 lakh crore, the Reserve Bank of India (RBI) said on Wednesday.

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