Search For "bank credit"
Billions of dollars stashed by Pakistani Generals, officials in Swiss Bank
Updated : 4 years, 3 months ago IST
Islamabad [Pakistan], February 21 (ANI): A leak of data from a leading Swiss bank has revealed information about 600 accounts linked to 1400 Pakistani citizens, media reports said on Sunday.
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Among major emerging market economies, Indian markets outperformed peers i
Updated : 4 years, 3 months ago IST
New Delhi [India], February 1 (ANI): The year-on-year bank credit growth in India accelerated gradually in 2021-22 from 5.3 per cent in April 2021 to 9.2 per cent as on December 31, 2021, according to Economic Survey tabled in the parliament on Monday.
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Nascent signs of recovery visible in Bank credit growth: RBI
Updated : 4 years, 4 months ago IST
Mumbai [India], December 28 (ANI): The consolidated balance sheet of scheduled commercial banks expanded in size during 2020-21 despite the contraction in economic activity due to the COVID-19 pandemic, according to 'Report on Trend and Progress of Banking in India 2020-21' released by the R
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Bank credit growth slows to 5.6 pc in March: RBI
Updated : 4 years, 12 months ago IST
Mumbai (Maharashtra) [India], May 29 (ANI): Bank credit growth slowed down to 5.6 per cent from 6.4 per cent a year ago, according to data published by the Reserve Bank of India (RBI).
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Loan applications processed around midday more likely to be rejected
Updated : 5 years ago IST
Washington [US], May 6 (ANI): According to a new study, bank credit officers are more likely to approve loan applications earlier and later in the day, while 'decision fatigue' around midday is associated with defaulting to the safer option of saying no.
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Simple steps to apply for a Bajaj Finserv RBL Bank Credit Card and track c
Updated : 5 years, 2 months ago IST
Pune (Maharashtra) [India], March 2 (ANI/BusinessWire India): Owning a credit card has become an absolute necessity in today's times. From paying utility bills to buying groceries and home appliances, a credit card offers huge convenience, savings and access to funds with just a simple swip
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Economy gathers steam but pvt investments missing: RBI
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], Mar 1 (ANI): Economic activity is gaining steam in India as Covid-19 incidences recede but private investments are missing in action, according to the Reserve Bank of India (RBI).
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Global bank credit losses for banks may total $1.8 trillion: S&P
Updated : 5 years, 3 months ago IST
Singapore, February 3 (ANI): S&P Global Ratings on Wednesday lowered its forecast of credit losses for banks globally at 1.8 trillion dollars in 2020 and 2021, down 15 per cent from its previous estimate of 2.1 trillion dollars in July 2020.
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Moderate bank stress formation likely but provisioning can remain elevated
Updated : 5 years, 4 months ago IST
Mumbai (Maharashtra) [India], Jan 11 (ANI): Bank credit growth remains moderate but the outlook is improving due to healthy traction in mortgage, auto and cards led by faster economic recovery, Emkay Global Financial Services said on Monday.
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HDFC Bank's multiple digital outages are credit negative: Moody's
Updated : 5 years, 5 months ago IST
Singapore, December 7 (ANI): Moody's Investors Service said on Monday that HDFC Bank's multiple outages in its internet banking, mobile banking and payment utility services over the past two years are credit negative.
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Gross NPAs of banks may jump to 11.5 pc by end of FY21: Care Rating
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], October 14 (ANI): The gross non-performing assets (NPAs) ratio of Indian banks is likely to be 11 to 11.5 per cent by end of current fiscal and they are likely to restructure 4 to 5 per cent of the overall bank credit outstanding, according to Care Rating.
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Past instances of bank loan restructuring do not inspire confidence: Ind-R
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], Aug 19 (ANI): The recently announced loan restructuring guidelines for COVID-19 related stress will provide banks with an opportunity to keep viable accounts as standard in their books, India Ratings and Research (Ind-Ra) said on Wednesday.
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