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P. Manoj 11:24 PM | July 20,2009
Indian shipowners have so far relied heavily on European banks for their financing needs, because funding from these specialist banks was much cheaper than local funds
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Kevin Lim / Reuters 12:42 AM | June 26,2009
The ratings agency also said the sovereign ratings for most Asian countries were stable but warned it may remove the positive outlook on Philippines’ B1+ rating
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Reuters 10:45 PM | March 22,2009
The Children’s Investment Fund, the $9.5 bn London activist hedge fund, has liquidated its holdings in Indian state-owned banks, a newspaper said
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Lesley Wroughton / Reuters 10:41 AM | December 15,2008
The $14 billion injection over three years comes as India’s economy is rapidly losing steam, with industries such as automobiles, real estate and exports reeling as the world’s major economies tip into recession and credit remains tight
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04:32 PM | December 12,2008
Net non-performing assets of the 79 banks in India rose to Rs246.75 billion by end March 2008
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Pooja Thakur / Bloomberg 12:22 AM | November 20,2008
Gagan Banga, CEO of Indiabulls Financial Services, said the group has slowed lending to small and medium-sized businesses as credit has dried up
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Teena Jain 12:16 AM | November 13,2008
India’s banks are accumulating bad loans at a faster pace as the economy slows, and the trend may accelerate next year as SMEs and households struggle to pay debts, bankers and economists say
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Nesil Staney 12:02 AM | November 08,2008
Experts also anticipate a rise in defaults by companies; attribute problem to mismatches in assets, liabilities
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Anita Bhoir and Anup Roy 12:43 AM | November 03,2008
Economists see a cut in lending and deposit rates by between 25 and 50 basis points in the next few days
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P.R. Sanjai and Utpal Bhaskar 11:46 PM | October 23,2008
Commercial banks are asking cash-strapped carriers to pledge future ticket sales, company shares and aircraft as collateral before approving loans
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Tamal Bandyopadhyay 12:24 AM | October 22,2008
Indian banks want the money for their global operations; Ramanathan panel had suggested this
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Loan Economics | Christopher Butel 12:30 AM | October 18,2008
The root cause of the problems the US banks face is simply that a large number of Americans were enticed by mortgage lenders into taking unrealistically high housing loans
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01:25 AM | October 14,2008
RBI’s is a SAFE— secure (ensuring systemic safety), appropriate (flexible and timely) fundamental (in touch with economic fundas) and earthly (not exotic)—approach
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12:59 PM | October 10,2008
Both lending and deposit rates are likely to see some downward trends as the cost of fund would decline
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Banker’s Trust | Tamal Bandyopadhyay 12:30 AM | October 10,2008
Desperate short-term borrowing signals need for regulators to help Indian banks as liquidity issues persist; many banks have almost stopped lending
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