SBI chief does not see credit pick up before March quarter

Last Updated: Thursday, August 6, 2015, 23:40

State Bank chairperson Arundhati Bhattacharya Thursday said bank credit is not picking up despite the seeming revival in the economy, adding that an improvement is not likely before the March quarter.

Govt capital infusion in PSBs credit positive: Moody's

Last Updated: Thursday, August 6, 2015, 17:09

The government is aiming to improve the Tier 1 capital ratios for all PSU banks.

Hope to announce 1 set of bank licenses by month-end: Raghuram Rajan

Last Updated: Tuesday, August 4, 2015, 11:28

Rajan said that RBI is talking to the government for medium term framework for FPI limits in debt securities.

RBI expected to stand pat, words weighed for future cuts

Last Updated: Tuesday, August 4, 2015, 04:21

India`s central bank policy review is expected to yield little in the way of action on Tuesday, but its statement will be pored over for clues as to whether there is a chance of another interest rate cut this year.

Interest on loans not to come down as RBI keeps key rates unchanged

Last Updated: Tuesday, August 4, 2015, 00:53

The Reserve Bank of India (RBI) kept its interest rates unchanged at its third bi-monthly monetary policy review on Tuesday.

Non-food credit growth slows to 7.7% in June

Last Updated: Sunday, August 2, 2015, 15:39

Non-food credit growth of commercial banks slowed to 7.7 percent in June 2015 as against 13 percent expansion in the same period last fiscal.

Fitch gives 'stable' outlook to Adani Ports

Last Updated: Friday, July 31, 2015, 20:37

Credit rating agency Fitch on Friday assigned a stable outlook to Adani Ports and Special Economic Zone (APSEZ).

Unsecured loan book grows despite sluggish growth: Citi India

Last Updated: Wednesday, July 29, 2015, 22:09

American lender Citi said here Wednesday that despite sluggish economic growth in the country, its unsecured loan book continues to grow and its quality has not been affected.

ECB leaves emergency liquidity for Greece unchanged

Last Updated: Wednesday, July 29, 2015, 18:14

The European Central Bank decided Wednesday to leave its stopgap credit lifeline for Greece unchanged, said a source close to the decision who asked not to be identified.

Standard & Poor's cuts Brazil's outlook to negative

Last Updated: Wednesday, July 29, 2015, 11:29

US credit ratings agency Standard & Poor's (S&P) has lowered its forecast for Brazil's foreign currency debt from stable to negative while maintaining the country`s long-term rating at BBB-.

Russia announces creation of credit rating agency

Last Updated: Friday, July 24, 2015, 22:50

Russia's central bank said Friday it would launch a new credit rating agency by the end of the year in an apparent bid to rival US firms that recently downgraded the country's sovereign debt.

Lawsuit accuses 22 banks of manipulating US Treasury auctions

Last Updated: Friday, July 24, 2015, 09:14

Primary dealers are the banks authorized to transact directly with the Federal Reserve who are big players in Treasury bond auctions and act as market makers in the secondary market.