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News tagged with “credit growth”. Found:
16 tagged news reports.

 

Your Search Returned 16 tagged news reports

 

The credit growth (or lack of it) conundrum

Mumbai :: India | 1 day ago

Credibility Credibility of 5

Bank investments in government securities are at around 27% of net demand and time liabilities against a high of 40% seen earlier this decade. The reasons for low credit offtake are many and not necessarily a lack of demand in the economy. A look at automobile...

Tags: low credit, credit growth, India, Mumbai, Business Finance, Inflation, Aggregate demand, Economy of Russia, Say's law

BI revises target of credit growth to 15-17 pct

Jakarta :: Indonesia | 9 days ago

Credibility Credibility of 5

Bank Indonesia (BI) revised its target of credit growth for 2010 down from 20 percent to 15-17 percent. "The credit growth in 2010 will be better than in 2009 but will not be higher than in 2008, predictably only between 11 and 17 percent," Central Bank...

Tags: credit growth, economic growth, Indonesia, Jakarta, Business Finance, Bank

Katseli discusses credit squeeze with HBA

Athens :: Greece | 21 days ago

Credibility Credibility of 5

Economy, Competitiveness and Merchant Marine Minister Louka Katseli addressed the press yesterday after meeting with Hellenic Bank Association (HBA) officials. The minister said the two sides spoke about ways to boost lending to businesses and households....

Tags: credit growth, Greece, Athens, Credit crunch, Bank, Credit, Debt, Financial crises, Business Finance

Stimulus packages stunt loan growth

Mumbai :: India | 21 days ago

Credibility Credibility of 5

Many Asian economies including India are seeing a slow recovery in credit offtake following stimulus packages announced by their respective governments and central banks though at a varied pace. China , however, is an exception still seeing a strong loan...

Tags: central banks, China Banking Regulatory Commission, credit offtake, credit growth, loans growth, India, Mumbai, Central bank, Financial crises, Stock market crashes, Macroeconomics, Monetary policy, Public finance, Business Finance

‘Credit growth will pick up soon’

Mumbai :: India | 24 days ago

Credibility Credibility of 5

The credit growth is slow despite signs of an economic recovery...Credit growth has dropped to about 13.5 per cent in the current fiscal due to delay in several infrastructure projects and lower demand from oil companies. However, we expect it to pick...

Tags: deposit growth, credit growth, corporation banks, Corporation Bank, India, Mumbai, Interest, Mortgage, Federal Deposit Insurance Corporation, Financial institutions, Bank, Central bank, Business Finance

Credit growth will pick up: RBI

Mumbai :: India | about 1 month ago

Credibility Credibility of 5

Lending by Indian banks will pick up, central bank deputy governor K.C. Chakrabarty said on Wednesday after attending a meeting of bankers with the finance minister. "Banks have said that credit growth will pick up now," he told reporters. At its quarterly...

Tags: credit growth, Reserve Bank, monetary policy, stable till, reserve banks, remain stable

RBI clears StanChart's IDR issue

Mumbai :: India | about 1 month ago

Credibility Credibility of 5

The British bank Standard Chartered (StanChart) has the Reserve Bank of India’s approval to go ahead with its offering of Indian Depository Receipts (IDRs), albeit with a few conditions. Among the terms spelt out by the regulator, StanChart can raise...

Tags: StanChart, credit growth, Sebi

Union Bank cuts loan growth target

Mumbai :: India | 3 months ago

Credibility Credibility of 5

M V Nair, chairman and managing director, said that the bank has reduced its credit growth target to 20-22% from 25% set at the beginning of the year. "Certain sectors have picked up but not as we expected. We had set a 25% target for this year, higher...

Tags: credit growth, growth target

SA in recession - economist

Cape Town :: South Africa | 8 months ago

Credibility Credibility of 5

The drastic declines in South Africa's leading and coincident economic indicators cement the idea that South Africa is in a recession for all intents and purposes, according to an economist from Economists.co.za, Mike Schüssler. "The quarter-on-quarter...

Tags: Reserve Bank, South Africa, sector slow, credit growth, private sector

Banks may see credit growth rise

Mumbai :: India | 8 months ago

Credibility Credibility of 5

Banks are likely to witness a credit growth of 20 per cent and deposit growth of 18 per cent in the present financial year...Chakrabarty, CMD of Punjab National Bank, said: "Indian banks are expected to witness a credit growth of 20 per cent and deposit...

Tags: credit growth, PNB, national banks

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