Mangalore, Feb 26
Primary agricultural cooperative societies (PACS) that form the base of the cooperative credit structure are now set to play a major role in financial inclusion, as the South Canara District Centr...
Mumbai, Jan 24
Bank credit rose 14.8 per cent (year-on-year) in December 2013 compared with 14.3 per cent recorded in the corresponding period of the previous year. This is according to the Reserve Ban...
Mumbai, Dec 13
A slower growth rate and rising inflation in the economy has raised the clamour for an increase in the key policy rate among market players.
While India’s factory output contracted for th...
Mumbai, Sept 25
The Reserve Bank of India (RBI) has poured cold water on the hopes of consumer durables and electronic goods dealers looking to push sales with ‘zero per cent interest’ schemes this festival seaso...
Mumbai, Aug 20
International rating agency Moody’s today said the bleeding rupee, the twin deficits and weaker growth are already factored in the current Baa3 sovereign rating, and thus do not accentuate the alr...
Kolkata, March 6
State’s overall CD ratio is 65% against national average of 79% »
Mumbai, Jan 24
Wealth continues to be concentrated in few places, as shown by the data on bank loans and deposits. Top six metros in the country (Mumbai, Delhi, Bangalore, Chennai, Kolkata and Hyderabad) ...
January 1, 2014
The RBI's Financial Stability Report is formal acknowledgement of a deep-rooted problem: India Inc’s profligacy.
Mumbai, Nov. 16
Asset restructuring touches Rs 3.25 lakh crore as of June
Washington, Aug 23
Treasury Secretary Jacob Lew has urged Congress to raise the US borrowing ceiling, warning that not doing so could jeopardize Washington’s creditworthiness and raise fears of a default. ...