The Hindu Business Line : Monday, November 17, 2008

MONEY & BANKING

OUTLOOK: Lenders likely to loosen grip, offer more credit
We have to go back to customers to get back to growth: Kamath. Lenders are expected to loosen their purse strings to make available more credit in the coming days on the back of the likely reduction in interest rates, the Confederation of Indian ...

INTEREST RATES: Banks’ interest rate hikes and cuts defy logic
Bowing to pressure from various quarters, including the government, the RBI announced a slew of measures in quick succession to increase liquidity. As an icing on the cake, the repo rate was also brought down by two percentage ...

DEBT MARKET: Yields fall on deposit inflows, RBI intervention
Traders see further drop in policy rates. Bangalore, Nov. 16 Bond yields dipped powered by deposit inflows into the banking system, sagging oil prices and ...

CREDIT MARKET: AP Govt waives loans to weavers’ societies
Pochampally Handloom Park inaugurated. Hyderabad, Nov. 16 The Andhra Pradesh Chief Minister, Dr. Y.S. Rajasekhara Reddy, today announced a move to waive loans worth Rs 330 crore to weavers’ ...

CREDIT MARKET: Banks to be more ‘considerate’ in lending to real estate sector
Banks are expected to be more ‘considerate’ in lending to commercial real estate with the Reserve Bank of India removing the additional capital requirements for advances to ...

E-COMMERCE & E-BUSINESS: e-payments gain ground; surge 41% in first half
The Reserve Bank of India's thrust to migrate the economy towards electronic payments is slowly but surely gathering ...

HOUSING FINANCE: Dewan Housing Finance sees sustained demand from low, middle income groups
Targets fresh loan disbursement of Rs 1,000 crore by March. New Delhi, Nov. 16 Dewan Housing Finance Corporation (DHFL) has said it is targeting fresh loan disbursement of about Rs 1,000 crore in the next five months, taking the overall ...

FINANCIAL POLICY: Unfreezing lending
From the latest liquidity enhancing measures announced by the Reserve Bank of India late Saturday, it would seem the central bank is in a tearing hurry to unravel its tight money policy of the last three years. The markets had the weekend to ...

FINANCIAL INSTITUTIONS: ‘Developing Asia to record healthy growth rates’
New Delhi, Nov. 16 Asian Development Bank (ADB) does not expect a full-blown financial crisis in India even as it forecasts a lower economic growth of between 6-7 per cent for 2009, lower than the 7.8 per cent expected ...

PUBLIC SECTOR BANKS: SBT adopts girl children
Thiruvananthapuram, Nov. 15 State Bank of Travancore celebrated Children’s Day by adopting girl children from schools across ...

VENTURE CAPITAL: Share Microfin to infuse Rs 250 cr thru equity
Hyderabad, Nov. 16 Share Microfin Ltd is likely to infuse Rs 250 crore equity capital to fund its expansion ...