Good news on growth front: Non-food credit growth rises to 15.07% – The Financial Express

The deposit rate growth has been below 10% since over a year from August 4, 2017 owing to the high deposits on account of demonetisation, also impacting loan growth. Non-food credit growth rises 15.07%The growth in non-food bank credit rose by 15.07% year-on-year during the fortnight ended December 7 from 14.92% in the previous fortnight. The growth comes off a relative weak base; in 2017 banks were lending cautiously as they were grappling with loan losses and demand from companies was muted. D...
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Bank shares fall up to 3.5% as RBI keeps rates unchanged; IDFC, IndusInd, ICICI Bank major losers – The Financial Express

As Reserve Bank of India (RBI), in its 5th bi-monthly monetary policy review, kept the key rates unchanged, the shares of banks plunged up to 3.5 percent. The BSE Sensex plunged 249.90 points, or 0.69 percent, to close at 35,884.41.As Reserve Bank of India (RBI), in its 5th bi-monthly monetary policy review, kept the key rates unchanged, the shares of banks plunged up to 3.5 percent. The stock price of IDFC bank fell 3.46 percent, IndusInd bank 2 percent, ICICI bank 1.93 percent on the BSE today...
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Global stock plunge: Central European shares fall amid trade war fears – The Financial Express

Warsaw led a fall on Central European bourses on Thursday due to gloom and doom on global stock markets amid risk aversion and deep concerns about the impact of the U.S.-China trade war.The Polish zloty shed 0.1 percent to trade at 4.2915 against the euro at 0931 GMT. (Reuters)Warsaw led a fall on Central European bourses on Thursday due to gloom and doom on global stock markets amid risk aversion and deep concerns about the impact of the U.S.-China trade war. Warsaws blue-chip equities index fe...
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