The government is unlikely to go for a farm loan waiver this time around, says Parag Jariwala of Religare Capital markets. Earlier waivers had more to do with lack of funds due to crops getting impacted by drought. However, the current cash crunch from ... Money Control, 2 months ago
A host of small finance banks and universal banks that have launched operations are offering almost 2-3.35 per cent higher interest rate on savings accounts and up to 2 per cent more on fixed deposits. Two micro finance companies, Suryoday and Utkarsh, began ...The Financial Chronicle, 4 weeks ago
Banks are likely to report lower core profits for the third quarter of the financial year but this would be offset by better treasury gains. With loan growth remaining muted, the net interest income (NII) is likely to remain low. While the pace of slippages ...The Financial Chronicle, 1 month ago
With banks diverting all their resources towards the demonetisation programme, their business has taken a hit. The demonetisation work, which includes mainly collecting cash deposits in old notes, supply of currency and data verification, have left them with ...The Financial Chronicle, 2 months ago
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