Union Bank chief sees 11-12% credit growth sector-wide in FY25
Tight liquidity, elevated credit-to-deposit ratio, and higher interest rates are likely to temper the credit expansion of banks in the
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Tight liquidity, elevated credit-to-deposit ratio, and higher interest rates are likely to temper the credit expansion of banks in the
Continue readingThe Reserve Bank of India (RBI) received bids aggregating ₹3.08-lakh crore for allotment of funds from banks against the notified
Continue readingThe Reserve Bank of India (RBI) will infuse liquidity amounting to ₹2.50-lakh crore via a 15-day variable rate repo (VRR)
Continue readingBank credit is expected to grow at 12-13 per cent in FY25 led by the services and retail segments. However,
Continue readingThe Reserve Bank of India (RBI) has stepped up the amount it is willing to offer the banking system in
Continue readingIndia Ratings (Ind-Ra) has downgraded Sterling and Wilson Renewable Energy Ltd’s (SWREL) bank facilities from “BB-” to “D” due
Continue readingThe Reserve Bank of India (RBI) has decided to discontinue the Incremental Cash Reserve Ratio (I-CRR), which it prescribed as
Continue readingBanks can fund stalled real estate projects after taking permission from the Reserve Bank of India, a senior Finance Ministry
Continue readingThe Reserve Bank of India may conduct variable rate repo (VRR) auction(s) as liquidity has moved into deficit mode in the
Continue readingOn August 10, the Reserve Bank of India (RBI)asked banks to maintain an incremental Cash Reserve Ratio (ICRR) of 10 per
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