Country's largest lender State Bank of India (SBI) today said it is aiming to post a credit growth of 19-20 per cent in the current financial year. "The target (for
Reliance Commercial Finance, an Anil Ambani Group company, targets a growth rate of 20-22 per cent this fiscal with increased focus on small and medium enterprises, infrastructure and commercial vehicle
Working capital requirements from companies have come to the rescue of banks at a time when credit growth continues to be sluggish. While infrastructure and project financing have come
Despite concerns about a slowdown in demand for credit in a high interest rate scenario, the chairman of the Indian Banks Association, M D Mallya, has said the industry will
Country's largest private lender ICICI Bank has said that its credit will grow at a hefty 18 per cent this fiscal, contrary to a meagre 1.8 per cent expansion
Stung by slow credit offtake in the first half, State Bank of India (SBI) may revise its loan growth and bring it down to 18 per cent for this fiscal.
Hit by the global financial crisis the Indian economy saw banks' credit growth slowing down to 17. 8 per cent in 2008-09 as against 24
The bank is not planning to launch the initial public offering of its broking arm, ICICI Securities, during this fiscal year, Chanda Kochhar told reporters.
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