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Year in review: Housing, loans paint bleak picture for banks in 2009 (Memphis Commercial Appeal)

Sun, 04 Jan 2009 06:14:19 GMT

Dragged down first by housing and later by loans to homebuilders, banks -- the nation's and the area's economic circulatory system -- suffered from anemia in 2008.


Mortgage hunting? A quarter of all housing loans now need a 40% deposit (Daily Mail)

Mon, 05 Jan 2009 23:42:15 GMT

A quarter of mortgage deals are available only to borrowers with a 40 per cent deposit, it has been revealed.


PSU banks fear NPA rise as govt pushes for more loans (Business Standard India)

Tue, 06 Jan 2009 01:47:47 GMT

Voicing dissatisfaction over credit delivery by state-owned banks, the finance ministry On Monday asked them to beef up lending to small and medium enterprises, automobile, and housing. However, bankers fear worsening of asset quality if they have to concede to the government’s wishes.



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