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India's push to offer banking for all stumbles on empty accounts
More than half of a record 160 million accounts opened in India as part of a drive to offer banking to all are still empty, illustrating the massive task ahead for one of the government's most......
Festive season fails to cheer banks this year
The festival season this year has failed to bring in good news for banks. Bankers believe consumers' reluctance to buy has made this season worse than even the previous two years, when lenders had......
Why festive season failed to cheer bankers
This year’s festival season has failed to cheer banks, thanks to reluctance of the consumer to spend money. Image: Bankers say it was a dull diwali for them this time as loan demand......
Little festive cheer for bank credit growth
2014 sees slowest start to festival season in at least 7 yearsFestive fervour ahead of Diwali appears to have done little to support banks’ sagging credit growth. Despite attractive interest......
Banks' capital adequacy ratio at 6-year low
With a rise in non-performing assets exerting pressure on their profitability, Indian banks’ capital adequacy ratio (CAR) has fallen in the aftermath of the global economic slowdown of 2008......
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