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credit growth
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  • SBI says seeks between $1.1b-$3.3b capital infusion Aug 11, 2011 07:21 PM IST

    SBI says seeks between $1.1b-$3.3b capital infusion

    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.

  • Banks will meet 19% credit growth in FY12: Mallya Jul 07, 2011 03:38 PM IST

    Banks will meet 19% credit growth in FY12: Mallya

    Chairman of Indian Banks Association M D Mallya has said the industry will meet the targeted 19% surge in advances this fiscal.

  • BoB to focus on CASA, discourage bulk deposits: Mallya Jul 04, 2011 05:35 PM IST

    BoB to focus on CASA, discourage bulk deposits: Mallya

    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.

  • RBI may need to buy gilts after September Jun 28, 2011 06:05 PM IST

    RBI may need to buy gilts after September

    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.

  • Is there credit growth at all? Jun 27, 2011 01:52 PM IST

    Is there credit growth at all?

    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.

  • ICRA`s view on Indian Banking Sector Jun 24, 2011 01:38 PM IST

    ICRA`s view on Indian Banking Sector

    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).

  • 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.

  • 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.

  • 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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