Real interest rates yet to touch highs witnessed in mid-90s.
The total outstanding loans are likely to touch Rs 1,10,000 crore at the end of 2006-07 this month
ATM deployment is set to gain scale with the Anil Ambani group's Reliance Capital and a few technology firms joining hands with partner banks to launch co-branded (known as partial white-label) ATMs.
A liquidity crunch has hit several microfinance institutions with the flow of funds 'temporarily' drying up after the largest MFI lender, ICICI Bank, halted payments in early January.
Global pilot project set to revolutionise remittances.
More interest hike shocks are to come with no signs of the rates having peaked up.
German retail giant Metro Cash & Carry and India's emerging retail venture Reliance Retail have roped in the property services group of ICICI Bank for identifying retail properties for its proposed pan India expansion.
India CEOs of 12 banks form pressure group within IBA.
The group is planning to make a foray in this hitherto unorganised sector by establishing a greenfield still (distilleries dedicated to cashew and coconut Feni) in Goa and to promote the product all across the country.
Restriction on lending for shares to hit forthcoming IPOs.