Economists doubt India's new loan guarantees will boost growthIndustry leaders and economists said the new loan guarantees, amounting to $35 billion, may provide some temporary relief but would not be ...
29 Jun, 2021, 05.35 PM IST
Difficulty in identification of borrowers and delay by PSBs led to poor performance of rural poor to the scheme, the rural development ministry said.“Total subsidy disbursed under the scheme till January 14, 2021 is Rs 12.20 crore as against the initial allocation of Rs 48.54 crore for t...
03 Feb, 2021, 01.54 PM IST
Top 5 private banks stare at NPAs doubling to 5% in FY21Top five private sector banks may see their slippages double to 5 per cent this fiscal, as per Ind-Ra report.
11 Jul, 2020, 06.18 AM IST
India's cheap labour a 'myth', says Assocham PresidentJajodia said poor infrastructure, "extremely high" cost of power in addition to high interest rates are eroding the competitiveness of Indi...
28 May, 2017, 01.18 PM IST
Affordable housing finds few takers, only 41,000 units soldA muted real estate market, poor infrastructure and anticipation of price revision have ensured that 'affordable homes' remain 'unaffordabl...
26 Jan, 2016, 12.00 PM IST
Clear policies, project clearances key to NPA fight: ICICI Bank chief Chanda KochharChanda Kochhar said predictable policies and "unshackling" stuck projects are the key to tackle the problem of bad loans.
20 Aug, 2015, 10.30 PM IST
Power sector loans worth 4 lakh crore may be at risk: CrisilAbout a fourth of the existing power projects with 46,000 MW capacity and loans of Rs 2,10,000 crore riding on them are facing viability is...
29 Jul, 2015, 11.19 AM IST
- SBI expects 16-18 pc credit growth in FY13
Nayar said the downgrading will have no impact as the agency has only brought the rating on par with the sovereign rating.
14 Oct, 2012, 06.47 AM IST
- Mamata Banerjee skips SLBC meeting in West Bengal
Mamata Banerjee has turned down United Bank of India's request to attend the quarterly state level bankers committee held on Tuesday.
25 Sep, 2012, 06.32 PM IST
- We expect some relief on interest rates soon: M Bhagavantha Rao, MD, State Bank of Hyderabad
Our key concern is rate of interest as it impacts several of our borrowers.It particularly affects industries and especially SMEs.
16 Jul, 2012, 05.12 AM IST
- Banks' credit-deposit ratio for West Bengal falls to 64%
Banks' credit-deposit or CD ratio in West Bengal fell 100 basis points to 64% on March 13 this year over last year due to high interest rat...
30 May, 2012, 04.46 PM IST
- RBI to help banks in rural Bengal to better credit delivery
The RBI governor has requested chief minister Mamata Banerjee and finance minister Amit Mitra to release Rs 85 crore as part of its contrib...
09 Dec, 2011, 01.50 AM IST
- Bihar needs business-like approach to improve credit flow: RBI
RBI Dy Gov has stressed business-like approach for Bihar's low credit deposit ratio.
09 Jan, 2010, 02.17 PM IST
- Growth in bank lending likely to be moderate
Growth in bank lending is likely to be moderate in the next couple of years, according to Care Research -- a division of rating agency Care.
28 May, 2009, 07.32 PM IST
- Banks deposit funds with MFs on poor loan offtake
With loan demand yet to pick up, banks are parking a chunk of their surplus funds with mutual funds (MF).
04 May, 2009, 02.08 AM IST
- Micro-credit booms as poor look to combat inflation
Inflation is not necessarily a bad word. So it seems for the micro-credit industry if its growth trajectory and first quarter credit offtak...
16 Jul, 2008, 03.26 AM IST
- PSU banks see dip in food credit
State-owned banks are losing out on what was at one time a captive and profitable avenue for lending/financing procurement of foodgrains.
02 Nov, 2006, 12.48 AM IST