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    1. Business News
    2. Authors
    3. saikatdas

    Saikat Das

    Credit growth still sluggish

    Non-food credit or the amount of money that banks lend to corporates and individuals, grew at a slower pace of…

    By Saikat Das
    October 7, 2010 00:41 IST
    LIC Housing Finance, Magma hike rates, other NBFCs to follow suit

    LIC Housing Finance and Magma Fincorp have raised lending rates by 50 bps as money turns more expensive. Close to…

    By Saikat Das
    October 5, 2010 21:55 IST
    HDFC Bank to foray into project finance

    HDFC Bank is set to foray into project financing in a bid to tap opportunities in core sector. This is…

    By Saikat Das
    October 5, 2010 21:51 IST
    AMBI panels to address Sebi?s IPO concerns

    In a bid to address Securities & Exchange Board of India’s chairman CB Bhave’s concern over the unrealistic pricing of…

    By Saikat Das
    October 1, 2010 00:51 IST
    Banks hold off on rate hikes for now

    In a major relief to India Inc and retail customers at the onset of the festive season, major banks have…

    By Saikat Das
    September 27, 2010 01:53 IST
    Forward market gears up for heavy action

    With huge FII inflows pushing the Sensex to new highs, the domestic currency forward market is witnessing hectic activities in…

    By Saikat Das
    September 26, 2010 23:48 IST
    Credit offtake remains sluggish, infra lending to boost demand

    The growth in non-food credit in the system has continued to be sluggish. The credit in non-food segment rose 20%…

    By Saikat Das
    September 23, 2010 22:37 IST
    Forex dealers will get access to OTC deal reporting platform

    Forex dealers will soon have access to India?s first centralised reporting platform, first-of- its-kind in the country, for the over…

    By Saikat Das
    September 16, 2010 22:34 IST
    Housing finance companies will not shift to base rate regime now

    The National Housing Bank, the regulator for housing finance companies, has deferred the implementation of base rate system for HFCs.…

    By Saikat Das
    September 13, 2010 02:01 IST
    IDFC eyes Rs 3.4k cr via tax-free infra bonds

    Close on the heels of IFCI?s tax-free infrastructure bond issue for Rs 50 crore, Infrastructure Development Finance Company has announced…

    By Saikat Das
    September 10, 2010 00:21 IST
    Non-food credit growth slips below 20% in Aug

    The growth in non-food credit or the amount of money that banks lend to corporates and individuals, slipped little below…

    By Saikat Das
    September 9, 2010 23:22 IST
    AB Nuvo pumps Rs 300 crore into NBFC subsidiary

    Aditya Birla Nuvo has infused Rs 300 crore into its non-banking finance company Aditya Birla Finance to fund its two-pronged…

    By Saikat Das
    September 8, 2010 23:11 IST
    Corporate bonds’ volumes dip in Aug

    After registering high volumes in the first four months of 2010-11, trading volumes in the corporate bonds market have declined…

    By Saikat Das
    September 6, 2010 00:30 IST
    Deposit growth of banks shows early fatigue signs

    Even as banks? non-food credit is growing at 20.56% y-o-y crossing RBI?s target of 20% for 2010-11, their deposits…

    By Saikat Das
    August 31, 2010 00:44 IST
    Lacklustre PSB response may hit CDS plan

    The proposed introduction of the credit default swaps for corporate bonds by the Reserve Bank of India may face difficulty…

    By Saikat Das
    August 30, 2010 22:34 IST
    Old-gen private banks don fresh look for new businesses

    The fast-changing banking landscape in the country has made old generation private sector banks sit up and chart an image…

    By Saikat Das
    August 29, 2010 01:37 IST
    Credit offtake grows 20.56% y-o-y

    Non-food credit or the amount of money that banks lend to corporates and individuals, saw a 20.56% year-on-year growth, to…

    By Saikat Das
    August 26, 2010 01:01 IST
    ICICI-BoR staff integration seamless

    Four days after receiving the final approval from the Reserve Bank of India for the merger of Bank of Rajasthan…

    By Saikat Das
    August 19, 2010 22:44 IST
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