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Pranab to meet state-run banks heads; may discuss credit flow, NPA

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Amid concerns over moderation in economic growth and rising bad loans, Finance Minister Pranab Mukherjee will meet on Tuesday with heads of public sector banks to discuss credit flow to productive sec

SBI may cut interest rate to boost credit, bank official

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Country's largest lender State Bank of India (SBI) is 'keen' to cut interest rates in order to boost credit expansion, a top bank official said on Wednesday.

"All sentiment is building towards i

Costlier credit, raw material dented confidence in manufacturing sector: Study

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Costlier credit and high raw material prices have dented confidence in the manufacturing sector leading to moderation in growth, according to the assessment surveys done by two industry chambers.

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