Indian overnight call rates were steady on Tuesday as demand for funds in the fi
Economic meltdown that has impacted various sectors.
IFC plans to support private sector Indian banks and financial lenders
Among the PSU banks which announced rate cuts last week.
GMAC has been hit with huge losses in its mortgage and auto loan businesses.
The discontent against credit card issuers has grown over the last one year
Union Bank sees 35% growth in SME credit
Investment bankers in Asia fear more job cuts in the next few weeks.
"Those refinancing pressures are building," said Anthony Flintoff.
MOST public sector banks are set to reduce benchmark lending rates.
