loan growth

ICICI Bank quarterly net profit rises 36 percent


July 27th, 2012 - 3:40 pm ICT by IANS
Mumbai, July 27 (IANS) ICICI Bank Friday posted a 36 percent rise in net profit at Rs.1,815 crore for the quarter ended June 30 on strong loan growth and improving ... Read more...

Posted in Business |

HDFC Bank quarterly net profit rises 31 percent


July 13th, 2012 - 9:22 pm ICT by IANS
Mumbai, July 13 (IANS) HDFC Bank Friday posted 30.6 percent net profit at Rs.1,417.4 crore on stronger loan growth and higher interest margins during the quarter ended June 30 against ... Read more...

Posted in Business |

Sensex closes flat; ICICI rallies on Q4 earnings (Roundup)


April 27th, 2012 - 6:42 pm ICT by IANS
Mumbai, April 27 (IANS) A benchmark index for Indian equities markets Friday closed flat amidst choppy trade. ICICI Bank emerged the top gainer after the private lender announced robust ... Read more...

Posted in Business |

Sensex down 19.46 points; ICICI Bank stock rallies (Lead)


April 27th, 2012 - 4:12 pm ICT by IANS
Mumbai, April 27 (IANS) A benchmark index for Indian equities markets was trading 19.46 points down around 2.00 p.m. Friday. Amidst the choppy session of trade, ICICI Bank's scrip ... Read more...

Posted in Business |

HDFC Bank Q4 profit up 30 percent


April 18th, 2012 - 3:40 pm ICT by IANS
Mumbai, April 18 (IANS) HDFC Bank, India's second-largest private lender, Wednesday reported a 30.4 percent increase in its net profit at Rs.1,453.1 crore for the quarter ended March 31, 2012, ... Read more...

Posted in Business |

Slow growth, high interest could impede loan growth: HSBC


April 12th, 2012 - 6:31 pm ICT by IANS
Kolkata, April 12 (IANS) HSBC, Europe's biggest bank, Thursday said India's slow growth rate and high interest rates could hurt loan growth in the country going ahead."I think we ... Read more...

Posted in Business |

NABARD registers 24.2 percent loan growth in Bengal (Lead)


April 4th, 2012 - 6:09 pm ICT by IANS
Kolkata, April 4 (IANS) The National Bank For Agriculture And Rural Development (NABARD) has loaned Rs.2,784.39 crore to financial institutions of West Bengal and the state government during the last ... Read more...

Posted in Business |

NABARD registers 24.2 percent loan growth in Bengal


April 4th, 2012 - 4:50 pm ICT by IANS
Kolkata, April 4 (IANS) The National Bank For Agriculture And Rural Development (NABARD) has loaned Rs.2,784.39 crore to financial institutions of West Bengal and the state government during the ... Read more...

Posted in Business |

Singapore’s bank lending growth slows in October


December 1st, 2011 - 4:00 pm ICT by IANS
Singapore, Dec 1 (IANS) Singapore's bank lending almost stalled in October, with the Singapore dollar lending growing by a modest 0.3 percent to 406.5 billion Singapore dollars ($312.7 billion), statistics ... Read more...

Posted in Business |

IMF urges global financial regulatory reforms


September 21st, 2011 - 9:44 pm ICT by IANS
Washington, Sep 21 (IANS) Emerging economies should limit the build-up of financial imbalances to maintain resilience to future financial shocks as financial stability risks have risen sharply in recent months, ... Read more...

Posted in World |

Constant rate hikes have further burdened realty industry (Comment)


August 3rd, 2011 - 1:13 pm ICT by IANS
It is a matter of concern that credit growth, both for home loans and on the exposure to real estate developers, has hit a speed breaker due to repeated interest rate ... Read more...

Posted in Business |

UCO Bank Q1 net profit up 12.42 percent


July 27th, 2011 - 9:47 pm ICT by IANS
Kolkata, July 27 (IANS) Public sector UCO Bank Wednesday reported a 12.42 percent year-on-year growth in its net profit for April-June 2011, which stood at Rs.292 crore.Total business of the ... Read more...

Posted in Business |

Liquidity will be comfortable by July end: SBI chief


July 13th, 2010 - 2:41 pm ICT by ANI
Mumbai, July 13 (ANI): Om Prakash Bhatt, the Chairman of the State Bank of India, the country's largest bank financial institution, has said that the cash crunch in the banking system ... Read more...

Posted in Business |

HDFC Bank net up 31 percent


April 24th, 2010 - 5:11 pm ICT by IANS
New Delhi, April 24 (IANS) India's second largest private bank, HDFC Bank, Saturday reported a 31.3 percent growth in net profit at Rs.2,948.7 crore in fiscal 2009-10 and a 13.8 percent rise ... Read more...

Posted in Business |

UCO Bank may slash deposit rates again next month


June 29th, 2009 - 6:34 pm ICT by IANS
Kolkata, June 29 (IANS) The city-based UCO Bank is likely to slash deposit rates by 50-100 basis points soon, a top official said here Monday. The bank cut its lending rates by 50 ... Read more...

Posted in Business |

Allahabad Bank eyes 18 percent deposit, credit growth


June 15th, 2009 - 7:02 pm ICT by IANS
Kolkata, June 15 (IANS) The city-based Allahabad Bank is looking at a credit and deposit growth of 18 percent in the current fiscal, a top bank official said here Monday. "The growth estimates ... Read more...

Posted in Business |

Capital infusion will ease banks’ rating pressure: Moody’s


June 8th, 2009 - 3:57 pm ICT by IANS
New Delhi, June 8 (IANS) The government's decision to infuse fresh capital in public-sector banks (PSBs) will ease the rating pressure that they face because of the quality of loans, says the ... Read more...

Posted in Business |

Bankers say no to lowering lending rates


April 8th, 2009 - 7:58 pm ICT by IANS
Mumbai, April 8 (IANS) Concerned over the rising non-performing assets (NPA) and high cost of deposits, India's bankers Wednesday told the Reserve Bank of India (RBI) that there was not much room ... Read more...

Posted in Business |

No quick rebound for 2009 China economy


December 31st, 2008 - 7:04 pm ICT by ANI
Beijing, Dec. 31 (ANI): China''s economy is unlikely to rebound quickly in 2009, and there is further room to loosen the monetary policy, an official from a top government think tank ... Read more...

Posted in Business |

Syndicate Bank to cut deposit rate by 50 basis points


November 5th, 2008 - 6:29 pm ICT by IANS
Kolkata, Nov 5 (IANS) Syndicate Bank will cut its deposit rate by 50 basis points from Dec 1, a top company official said here Wednesday."We have reduced prime lending rate by 75 ... Read more...

Posted in Uncategorized |

Chidambaram expects state-run banks to hold interest rates


May 1st, 2008 - 8:36 pm ICT by admin
New Delhi, May 1 (ANI): Finance Minister P Chidambaram said on Thursday that state-run banks are unlikely to raise interest rates after the central bank tightened bank reserve requirements this week.In ... Read more...

Posted in Life Style |

Bank of Baroda to double its operation in three years


March 7th, 2008 - 7:18 pm ICT by admin
Kolkata, March 7 (IANS) Bank of Baroda, one of India's premier public sector banks, intends to double its business, including overseas operations, in three years. "We are expecting a total business of ... Read more...

Posted in Business |

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