The Banking and Strategy Initiative

Chillin' out till it needs to be funded

Summary of Indian Banking sector results

Regulatory changes in October 2008:

 – CRR cut by 250 basis points

 – SLR cut by 100 basis points

 – Repo rate cut to 7.5%

 – 1/2% of Net DTL can be picked up as borrowings from the RBI for a period of 30 days instead of 7 days 

 – Security of Corporate collateral also added for a temporary period in the Inter Bank market

 

 

Key Results in 2009 Q2:

– CAR high at 13% 

– Net growth in deposits at 22%

– Net growth in Loans at 20-25% 

 

Banks have also affected decrease in PLR and call money rates are back to 7%

Information

This entry was posted on November 3, 2008 by in India, Uncategorized.

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