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Parnika Sokhi & Neelasri Barman

Parched for funds, banks look at Mint Road for relief

While the open market operations weren’t successful due to unattractive rates on offer, the second LAF window hasn’t been of much help to banks either.
Section: Money  | Wednesday, November 17, 2010 2:24 IST

RBI to assess realty lending curbs in November

Hopes tight liquidity will moderate realty prices, sees provisioning best route to rein in banks.
Section: Money  | Wednesday, July 28, 2010 23:39 IST

Equity trumps debt in insurance plans

IDBI Fortis plans to double the number of agents by the end of this financial year.
Section: Money  | Tuesday, June 15, 2010 2:15 IST

Rupee posts biggest weekly loss in 14 years

The currency closed at 46.92 per dollar compared to 46.80 on Thursday. It also touched an intraday low of 47.33 — the lowest in six months.
Section: Money  | Saturday, May 22, 2010 0:48 IST

‘Even a 100 bps rate hike won’t affect growth’

Corporation Bank has already crossed the Rs 1.5 lakh crore business mark and plans to take it to Rs 2 lakh crore in this fiscal, says J M Garg, chairman and managing director, Corporation Bank.
Section: Money  | Friday, April 23, 2010 2:40 IST

Growth in personal loan disbursals down to 4.7%

Personal loans grew 4.7% annually as on February 26, 2010, as against a 6.6% growth a year ago. Loans to education sector grew by 31.2% (33.8%) annually while housing loans grew by 8.3% (6.4%).
Section: Money  | Tuesday, April 20, 2010 2:29 IST

Interest rates to swing upwards

Economists see liquidity comfortable for a couple of quarters, even if policy rates are hiked.
Section: Money  | Monday, April 19, 2010 2:36 IST

Public sector banks banks to launch insurance

State Bank of India is planning to venture into general insurance while Union Bank of India and IDBI Bank are set to roll-out their mutual fund business in the first quarter of FY11.
Section: Money  | Thursday, March 18, 2010 2:35 IST

Daily interest rule to up cost of funds for banks

This will automatically push up the cost of funds of banks, depending on the proportion of current accounts and savings accounts (CASA) that they hold.
Section: Money  | Monday, February 22, 2010 0:54 IST

RBI ends short-term Fx loan facility for NBFCs, HFCs

The apex bank said that the decision was taken after a review of the prevailing macroeconomic conditions and improvements in credit and liquidity conditions
Section: Money  | Thursday, February 4, 2010 2:53 IST


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