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
Hopes tight liquidity will moderate realty prices, sees provisioning best route to rein in banks.
Section: Money | Wednesday, July 28, 2010 23:39 IST
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
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
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
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
Economists see liquidity comfortable for a couple of quarters, even if policy rates are hiked.
Section: Money | Monday, April 19, 2010 2:36 IST
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
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
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