State-run UCO Bank has informed that it would raise Rs 825 crore from the market to fund its

Manila - The Asian Development Bank (ADB)

Singapore - The Islamic Bank of Asia (IB Asia) has launched two risk-management products to help companies manage their liability risks and limit their exposure to fluctuating funding costs, a pub

The Reserve Bank of India (RBI) said on Thursday that the flow of credit from scheduled commercial banks has increased between April and June 20 this year. The credit flow has increased by 25.4% during this period. The growth is slower than the corresponding period of last year.

The rise in credit is due to high demand from public sector oil firms. The oil firms are under-recovery due to subsidy on oil products. They are forced to sell petroleum products at the rate below the prevailing global rates.