RBI says still more scope for banks to cut lending rates
The Reserve Bank on Thursday said there is more scope for the banks to cut lending rates and also asked for a downward revision in the small savings rates administered by the government.
Apr 06, 2017, 18:40 PM IST
Mundra warns against herd mentality in banking
At a time when credit offtake has hit a multi-year low last fiscal, Reserve Bank deputy governor S S Mundra on Friday cautioned banks against irrational lending, saying they should not have 'follow thy neighbour' policy.
May 29, 2015, 21:39 PM IST
Govt to soon take decision on rationalising LPG subsidy: Arun Jaitley
Finance Minister Arun Jaitley on Friday said that credit offtake is not taking place as expected adding that it is a cause of worry.
Nov 21, 2014, 15:40 PM IST
SBI revises deposit rates by 0.25% in two buckets
Country's largest lender State Bank of India on Tuesday cut its interest rate offering for medium-term deposits by 0.25 percent to 8.75 percent, citing slower-than -expected pick up in advances.
Sep 16, 2014, 15:46 PM IST
SBI eyes 15% growth in credit offtake
Country's largest bank SBI Tuesday said it expects 14 to 15 percent growth in credit off-take during the current financial year even as economic indicators are improving, said a top official of the bank.
Sep 02, 2014, 21:41 PM IST
