During the meeting, Ahsan Iqbal underscored the pivotal role of commercial banks in achieving the economic growth target. He urged banks to step forward and increase lending to the private and ...

Reserve Bank of India (RBI) governor Sanjay Malhotra has announced the Monetary Policy Committee has cut the benchmark repo ...

As Nigerian banks look towards a busy year for the ongoing recapitalisation exercise, there is general expectation that banks of ...

Credit data likely to be considered at a two-day Federal Reserve policy meeting that begins on Tuesday may show pumps primed ...

ING posts full-year 2024 net profit of €6,392 million and outstanding commercial growth Full-year profit before tax of €9,300 million, supported by growing customer base and increase in lending and ...

The Bank of England cut interest rates on Thursday as it halved its growth outlook for this year and said a jump in inflation ...

The bank in its “Country Partnership Framework ... it will need to break out of its current model of development. The pace of economic growth and structural transformation has been long stunted ...

and is catering to the financing needs of the economy,” it said, adding that while credit disbursal by commercial banks is growing in double-digits, there has been a moderation in the growth in ...

At the last meeting in September, the monetary authorities extended the bench- mark rate to 27.25%, a new record ...

Credit growth to the services and personal loans segments also moderated to 5.9 per cent and 8.8 per cent, respectively | Photo Credit: FRANCIS MASCARENHAS The Economic Survey attributed the ...

Cutting the key central bank rate is expected to lower the cost of borrowing as commercial lenders use it as a base onto which they load their margins and risk profile of individuals when ...