Posts Tagged ‘bank of india’

Leadership race in housing loan mkt exposes SBI to RBI strictures

Early this year, the State Bank of India went public with its plea to the Reserve Bank of India not to charge a higher provisioning cost for its ‘teaser’ housing loans. The bank felt it was like a slap on the wrist, for crimes it did not commit. View full post on All Stories

Now, no big home loans over 80% of property value!

Concerned over excessive flow of banking funds to the real estate sector, the Reserve Bank of India on Thursday said lenders will provide loans only up to 80 per cent of the cost of property. View full post on All Stories

Indian government had no outstanding loans with RBI as on Nov 5

India government did not have any outstanding loans from the RBI in the week ended November 5, 2010, according to the weekly statistical supplement of the Reserve Bank of India on Friday. View full post on All Stories

Indian government had no outstanding loans as on Oct. 15

Indian government did not have any outstanding loans from the Reserve Bank of India (RBI) in the week ended October 15, 2010, the RBI said on Friday. View full post on All Stories

Indian government had no outstanding loans as on Oct. 8

Indian government did not have any outstanding loans from the Reserve Bank of India (RBI) in the week ended October 8, 2010, the RBI said on Friday. View full post on All Stories

State governments borrowed 1.16 bln rupees as on October 1: RBI

Indian government did not have any outstanding loans from the Reserve Bank of India (RBI) in the week ended October 1, 2010, the RBI said on Friday. View full post on All Stories

United Bank of India expects better credit demand from Q3

City-based public sector United Bank of India (UBI) expects credit disbursals to grow from the third quarter (October-March) of the current fiscal (2010-11) on better demands from infrastructure and steel sectors. View full post on All Stories

Banks make loans more expensive

Lending rates have started rising after more than two years. Five banks have increased their benchmark lending rate — or the base rate — even as the country’s largest lender, State Bank of India, decided to maintain status quo. All corporate and retail loan rates linked to the base rate will now go up. View [...]

Foreign banks slashed workforce, loaned less in 2009-10

In a year when India’s economy started shrugging off the negativity of the global financial crisis and companies began posting better profits, foreign banks in the country slashed their headcount and gave out fewer loans, according to the Reserve Bank of India (RBI). View full post on All Stories

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