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Abn Amros India Head Meera Sanyal

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Bankers give thumbs up to FM

Leading bankers on Friday welcomed the Union Budget 2010-11, in particular the measures on farm loan repayment, capital infusion into PSBs and interest rate subventions to needy sections, saying......

Bankers see no reason for hike in lending rates

Retail and corporate borrowers can breathe easy as bankerssaid on Friday an immediate hike in lending rates is unlikely even as the RBI tightened money supply by raising the cash reserve ratio by......

RBI, bankers disagree over interest rate cut

Reserve Bank Governor D Subbaro on Tuesday said there is scope for banks to lower lending rates further, but most top bankers maintained that interest rates will remain the same in the near term......

RBS puts India retail business on sale

The Royal Bank of Scotland (RBS) on Thursday said that it will sell its retail and commercial banking business along with a part of its global banking and markets (GBM) division in India as part of......

Loan flow to slow on default fears

With higher interest rates, bankers today said their loan portfolios will grow at a slower pace, partly because of the caution being exercised by lenders themselves. Bankers expect delinquency......

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