Bank Credit
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Bank credit expansion projected at 15 per cent in FY24, 12 per cent in FY25: Report
Business | Jan 24, 2024, 03:01 PM ISTCorporate bond issuances are expected to reach Rs 9.6-9.9 lakh crore in FY24, surpassing the record level of Rs 8.7 lakh crore in FY23, according to the report.
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Good News for SBV customers! First Citizens to acquire troubled Silicon Valley Bank
Business | Mar 27, 2023, 05:11 PM ISTCustomers of SVB will automatically become customers of First Citizens, which is headquartered in Raleigh.
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Bank credit likely to grow at 4-year high of 11-12% in FY23: Report
Business | Apr 29, 2022, 06:24 PM ISTThe report said bank advances to micro, small and medium enterprises (MSMEs) could grow 12-14 per cent this fiscal, riding on the multiplier effect from some pick-up in capex.
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Bank credit grows by 10.26%, deposits 10.02%: RBI data
Business | Sep 27, 2019, 11:32 AM ISTIn the year-ago fortnight, banks advances were at Rs 87.98 lakh crore and Rs 115.63 lakh crore.
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Bank credit growth slows to 10.24%, deposits at 9.73%
Business | Sep 12, 2019, 08:24 PM ISTIn the previous fortnight to August 16, advances grew 11.64 percent to Rs 96.82 lakh crore and deposits by 10.15 percent to Rs 126.80 lakh crore.
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Bank credit rises by 8.8% in November as industrial demand up 1%: RBI
Business | Dec 29, 2017, 07:18 PM ISTCredit to agriculture and allied activities increased by 8.4 per cent in the reporting month which is slower than the 10.3 per cent growth in the same month last year.
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RBI Signals Banks To Hike Deposit Rates
India | Sep 16, 2010, 05:13 PM ISTMumbai : On the heels of the provident fund board hiking interest rates by a percentage point to 9.5 per cent, the RBI on Thursday (Sept 16) signalled to banks to raise fixed deposit rates