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Bank lending News

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Jaitley argued that the UPA government had little to nothing to do with why India saw economic growth during its tenure.
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China's bank lending nearly halved in October compared with the month before, the central bank said Thursday, reflecting lack of demand despite an interest rate cut aimed at boosting the flagging economy, the world's second-largest.
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The Reserve Bank today revised priority sector lending norms, asking banks to give 8 percent of the total credit to small and marginal farmers.
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Domestic banks extended new loans of 1.18 trillion yuan ($190 billion), the People`s Bank of China (PBoC) said in a statement, up from 1.02 trillion yuan in February.
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China`s bank lending rose to $1.60 trillion in 2014, the central bank said Thursday, as the government sought to loosen credit to spur faltering growth in the world`s second-largest economy.






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