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Latest Articles in commercial banks

Non-Food Bank Credit Offtake Slows To 6.5 % In Feb

Credit growth to the services sector accelerated to 9.3 per cent in the month under review from 6.9 per cent in February 2020, mainly due to good performance of credit to transport operators and trade.

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Chinese Banks To Post First First-Half Profit Drop In Over A Decade Amid Pandemic Pain

Chinese commercial banks overall posted a 9.4% fall in first half net profit, while the six biggest posted a 12% profit fall from a year ago, according to China Banking and Insurance Regulatory Commission (CBIRC) data.

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RBI Maintains Status Quo, No Rate Cut: RBI Monetary Policy

The current repo rate, which is the rate at which commercial banks lend money from RBI, stands at 5.15 per cent.

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Reserve Bank Keeps Benchmark Interest Rate Unchanged At 5.15 Per Cent

The central bank also revised GDP growth downwards to 5 per cent for 2019-20 from 6.1 per cent projected in its October policy.

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RBI Raises Reverse Repo By 25 bps, Leaves Repo Rate Unchanged

The RBI also stated that it anticipates a sharp recovery in the growth trajectory in 2017-18 on the back of five factors

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