Aug 11, 2011 07:21 PM IST
State Bank of India (SBI), the country's top lender, has sought a capital infusion of between Rs 50 billion and Rs 150 billion (USD 1.1 billion-USD 3.3 billion) from the government, its chairman said.
- Jul 07, 2011 03:38 PM IST
Chairman of Indian Banks Association M D Mallya has said the industry will meet the targeted 19% surge in advances this fiscal.
- Jul 04, 2011 05:35 PM IST
As advances lose steam with the rising interest rate scenario and the fixed deposit rates go up, city-based public sector lender Bank of Baroda (BoB) today said it will bring down its dependence on bulk deposits and will focus more on CASA deposits to shore up its funds.
- Jun 28, 2011 06:05 PM IST
The Reserve Bank of India (RBI) may need to infuse cash into the banking system for the second time since January to support credit growth on expectations that tight liquidity may persist above its comfort zone for a sustained period beyond mid-September.
- Jun 27, 2011 01:52 PM IST
A close look at the latest figures put out by the Reserve Bank of India (RBI) shows that credit growth was largely due to borrowing by the oil marketing companies (OMCs). If this borrowing comes down, credit growth can even become negative.
- Jun 24, 2011 01:38 PM IST
ICRA has come out with its report on Indian Banking Sector. The research firm has mentioned that, Indian banks have made good progress over the last five years, as is evident from several parameters, including annual credit growth, profitability, and trend in gross non-performing assets (NPAs).
- Jun 18, 2011 11:58 AM IST
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.
- Jun 08, 2011 05:10 PM IST
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.
- Mar 11, 2011 08:33 AM IST
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.
- Jan 12, 2011 08:20 PM IST
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.