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Tuesday, Nov 24, 2009
 
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Racing ahead23-NOV-09
While robust demand and availability of credit has boosted auto volumes in recent months, higher interest rates and reversal of excise duty cuts may play spoilsport.
Policy momentum required22-NOV-09
The government has to play a bigger role in infrastructure development to improve valuations of related sectors.
Shobhana Subramanian: Who'll finance 'affordable' housing?20-NOV-09
Brotin Banerjee is happy. He has been able to sell a fourth of the 1,500 apartments of his affordable housing project in Boisar, about 100 km from Mumbai, to people who he describes as belonging to the “informal sector”. These are buyers, the managing director of Tata Housing explains, who don’t have a bank account and, therefore, wouldn’t qualify for a bank loan.
Credit growth at over 9%, slowest in 12 yrs18-NOV-09
Credit off-take for the fortnight ended November 6 saw an increase of over 9 per cent -- the slowest growth in 12 years.
Bernanke says Fed will keep eye on sliding dollar17-NOV-09
Federal Reserve Chairman Ben Bernanke has said that the central bank will monitor the sliding U.S. Dollar but pledged anew to keep interest rates at record lows to nurture the economic recovery.
India Eco Summit: No change in interest rates, says Kochhar10-NOV-09
The country's largest private sector lender, ICICI Bank, today said there would be no revision in interest rates for sometime, even as major players like State Bank of India (SBI) and Punjab National Bank (PNB) have slashed deposit rates.
'Interest rates won't rise for two quarters'06-NOV-09
There won’t be any earnings upgrades for India Inc till it starts investing; and firms aren’t going to invest until they see firm signs of a global recovery, perhaps when fourth quarter US numbers are out. This, in a nutshell, is the view of JPMorgan’s head of economic research. Prior to this, Jahangir Aziz has done a stint as principal economic advisor in the ministry of finance — he’s also headed the China desk at the IMF.
SBI to close its 8% home loan scheme after this week04-NOV-09
SBI had introduced its Happy Home loan scheme, that allowed the borrower to freeze the eight per cent interest rate for a year, in February this year.
Asian stocks fall on stimulus concern, UBS loss04-NOV-09
Asian stocks fell, led by banks and developers, as UBS reported a wider-than-estimated loss amid investor concern that the withdrawal of stimulus measures will cause the global recovery to falter.
RBI relaxes branch licensing, biz correspondent norms27-OCT-09
To increase banking penetration and promote financial inclusion, the Reserve Bank today relaxed branch opening norms for lenders while allowing more entities to work as business correspondents.
Interest rates likely to stay stable for 3-4 months: Bankers27-OCT-09
Retail and corporate loan rates may stay the same as bankers today ruled out any increase in lending rates in the next three to four months, thanks to the RBI keeping almost all key rates unchanged.
Rupee drops before interest-rate decision27-OCT-09
Rupee fell before the central bank’s decision tomorrow on interest rates while importers bought dollars to settle month-end bill payments.
RBI raps banks for charging more from retail clients23-OCT-09
‘Opaque lending structure needs to be changed’.
RBI unlikely to signal hike in interest rates: Pronab Sen22-OCT-09
Chief Statistician Pronab Sen today said that the Reserve Bank is unlikely to signal hike in interest rates in its forthcoming monetary review next week despite inflationary pressures.
William Pesek: Bubble in bubbles means it's time to close the bar20-OCT-09
China and India share a dubious honour as the global crisis wanes: They are home to two of the world's most obvious stock bubbles.
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