China bank lending up in 2014 as govt seeks credit boost
China`s bank lending rose to $1.60 trillion in 2014, the central bank said Thursday, as the government sought to loosen credit to spur faltering growth in the world`s second-largest economy.
Jan 15, 2015, 14:50 PM IST
Govt approves Credit Guarantee Funds for Factoring for MSME
The Cabinet Wednesday cleared a proposal for setting up of a Rs 500-crore Credit Guarantee Fund for Factoring for MSME units.
Dec 10, 2014, 23:21 PM IST
Lending rates can be cut when credit picks up: SBI
State Bank of India chief Arundhati Bhattacharya Tuesday said the cut in lending rates can only happen when credit picks up.
Dec 09, 2014, 22:10 PM IST
Banks deposit growth down for the first time in months: RBI
Bank credit continued its tepid growth yet again, notching up a low 11.17 percent to Rs 62,72,621 crore, according to the latest Reserve Bank of India data.
Nov 12, 2014, 21:16 PM IST
China banks' bad loans surge, credit crunch could spread west
Bank of Communications Co Ltd (BoCom) and Industrial and Commercial Bank of China (ICBC) reported their biggest quarterly increase in bad loan levels in two years as China`s economic slowdown stretched more companies` ability to repay debts.
Oct 30, 2014, 10:05 AM IST
India fares better in protecting minority investors: World Bank
While India's rank for 'ease of doing business' has worsened to 142nd position globally, it fares much better in terms of protection of minority investors and credit availability at 7th and 36th places, respectively.
Oct 29, 2014, 13:30 PM IST
Bank credit growth remains sluggish at 9.7%
Credit growth of commercial banks continued to remain weak with a growth of just 9.7 percent at Rs 61,46,526 crore for the fortnight to September 19, according to the RBI data.
Oct 02, 2014, 20:52 PM IST
SBI eyes 15% growth in credit offtake
Country's largest bank SBI Tuesday said it expects 14 to 15 percent growth in credit off-take during the current financial year even as economic indicators are improving, said a top official of the bank.
Sep 02, 2014, 21:41 PM IST
Credit growth overtakes bank deposits; grows at 13.3%
While total credit stood at Rs 54,04,562 crore in the same period last year, bank deposits stood at Rs 70,72,139 crore in the corresponding period last year.
Jul 09, 2014, 20:36 PM IST
EU approves state aid for troubled Bulgaria banks
The EC`s office in Sofia saidthat it has approved a state credit line of 1.7 billion euros, for Bulgaria`s troubled banking sector.
Jun 30, 2014, 14:57 PM IST
'Take in account credit info reports in lending decisions'
RBI on Friday asked banks and other financial institutions to take into account 'credit information reports (CIRs)' from one or more agencies in all lending decisions and account opening.
Jun 27, 2014, 22:18 PM IST
Bank deposits, credit rise nearly 14%
Bank deposits grew at 13.91 percent year-on-year to Rs 79,00,894 crore as of June 13, similar to credit growth, according to RBI data.
Jun 25, 2014, 20:50 PM IST
