Tag: Icici Bank

India’s ICICI Bank eyes growth

April 28, 2012 – 11:26 am

ICICI Bank, India’s No. 2 lender, posted on Friday a larger-than-expected 31 percent rise in quarterly profit and forecast a higher growth rate for domestic loans and stable asset quality for the coming year. Loan demand in India is expected to pick up after the central bank last week cut its benchmark lending rate for […]

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Sahara and ICICI Bank eye Parsvnath’s prime land in Delhi.

April 2, 2012 – 6:16 pm

Real estate major Parsvnath Developers may soon be able to reduce a significant chunk of its debt, thanks to certain corporate giants showing interest in buying a prime piece of property it owns in the national capital. The Sahara Group is engaged in discussions with Parsvnath to buy its commercial land near Connaught Place in […]

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RBI sop fails to lift realty

November 17, 2008 – 4:31 am

It seems that the Reserve Bank of India’s move to ease lending to real estate hasn’t augured well with the banking sector. The apex bank effectively reduced the tax on lending to the real estate sector, which means banks can now more freely lend to the realty sector. Considering the slump in the real estate […]

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