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RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

RBI may bring rate cut in Dec to support growth

Note ban is expected to affect economic activity, especially consumption, supply chain and cash dependent businesses.

29 Nov 2016 12:57 PM IST

$Loan growth numbers have been \slippery\ and added that the credit uptick has halved from 10 per cent in January 2015 to only 5 per cent in December 2016.$ Business

Rate cuts no panacea for loan growth: DBS

Service sector industries are also in a tough patch from a sales and profitability perspective.

11 Jan 2017 4:48 PM IST

Business

DBS eyes SGD 500 million SME loans in 2018 through Tally tie-up

Mittal said the bank is targeting the sub-Rs 100 crore revenue companies under the tie-up initially.

27 July 2017 9:48 AM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

Business

DBS expects RBI to cut its policy rates by 0.25 pc

Real interest rates are also high about 400 basis points compared to RBI's preference for 1.25-1.75 pc.

31 July 2017 1:17 PM IST