Latest Updates Around The World
The report noted that companies tend to avoid bank loans when the interest rates are low and instead explore other sources of financing. The credit growth of banks in the country will probably remain low, because companies will continue to opt for alternative financing methods in the current environment with low interest rates, according to […]
When he does not lead the largest bank in the US, JPMorgan Chase CEO Jamie Dimon, 69, spends his free time reading, walking and traveling with family. In an episode of the “Bought”Podcast released Wednesday, Dimon said that in his” hierarchy of life “his top three priorities were family, his country and his goal that […]
The report emphasized Gedempte Growth in Netto Interest income (NII) in the banking sector due to a weak expansion of credit. | Photocredit: Venkatachalapathy C The Indian banking sector witnesses a steady pick -up in the deposit growth, but banks will probably report a decrease in their net interest rate margins (NIM) in the first […]
CRR Cut is a smart move to stimulate liquidity when our consumption reaches the peak during the festive season from September | Photocredit: Avijit Sadhu The Monetary Policy Committee (MPC) surprised the markets in a daring step the markets with “blowing all weapons” percentages to push economic growth; A REPO rate reduction with 50 basic […]
