Tag: Bank
Loans to home, vehicle and large firms drive credit growth
Home loans, vehicle loans and loans to large industries together pushed up bank lending to double digit growth levels as loan growth rate doubled in…
Global economy: Boom, bust or a bit of both: US, global economies are a confounding mix
Dana Peterson, the chief economist at the Conference Board, sees a clear conclusion in the sharp decline of the U.S. business group’s Leading Economic Index:…
hunt: Retreating to protectionism will lead to a global slump: Jeremy Hunt
Turning back the clock on protectionism will lead to immense poverty, says Jeremy Hunt, UK’s chancellor of the exchequer. In an interview with ET’s Deepshikha…
What if you don’t give a nominee for your bank account?
When applying for a bank account and filling out forms, you will always be asked to “mention a nominee.” Is it really necessary to have…
Janet Yellen G20: At G20 meeting, Yellen steps up calls for increased economic aid to Ukraine
U.S. Treasury Secretary Janet Yellen stepped up calls on Thursday for increased financing support to Ukraine to help it battle the year-old Russian invasion as…
HDFC Bank, Lulu Exchange ink deal to enhance cross-border payments between India-Gulf region
HDFC Bank, a major private sector bank, and UAE-based Lulu Exchange have signed an MoU to strengthen cross-border payments between India and the Gulf Cooperation…
Indian economy news: Indian economy expected to contribute more than 15% of global growth: IMF MD
The emerging markets and developing economies are expected to account for around 80 per cent of the global growth this year and the next. Of…
G20 news: Host India does not want G20 to discuss more sanctions on Russia
India does not want the Group of 20 nations to discuss additional sanctions on Russia for its invasion of Ukraine during New Delhi’s one-year presidency…
G20 news: G20 finance ministers, central bank governors to discuss solutions to debt problems, India official says
Finance ministers and central bank governors of group of 20 major economies will meet in India this Friday to discuss finding “lasting solutions” to debt…
India inflation: Rural recovery may drive next bout of India inflation, HSBC economists
The Indian economy could see another bout of inflation as the rural demand revives and the informal sector recovers from the pandemic-lows, economists at HSBC…