Latest News for: Banking retail

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Banks gear up for a festival boost to loan, profit growth

The Times of India 16 Aug 2022
With the onset of the festive season, banks are gearing up for strong growth in retail loans, especially unsecured loans, since asset quality across the board has improved ... "Most banks have raised their growth guidance for FY23, factoring in a strong June quarter and improving growth impulses in retail, SME, and corporate portfolio.
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WPI inflation eases to 13.93 per cent in July

Financial Express 16 Aug 2022
It was 11.57 per cent in July last year ... The Reserve Bank of India mainly looks at retail inflation to frame monetary policy. Retail inflation remained above the Reserve Bank’s comfort level for the seventh month in a row and was at 6.71 per cent in July ... The central bank had projected retail inflation to average 6.7 per cent in 2022-23. .
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Wholesale inflation eases to 13.93 % in July | Mint

Live Mint 16 Aug 2022
New Delhi ... TRENDING STORIESSee All ... The Reserve Bank of India mainly looks at retail inflation to frame monetary policy. Retail inflation remained above the Reserve Bank's comfort level for the seventh month in a row and was at 6.71 per cent in July ... The central bank had projected retail inflation to average 6.7 per cent in 2022-23 ... .
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Appointed Napranum store supervisor aged 18, Torelle Passi-Iosia sets sights on running her own shop

NIT 16 Aug 2022
Two Indigenous team members at remote store operator Community Enterprise Queensland are celebrating after completing milestones in their retail careers ... At the IBIS main store on Thursday Island, banking officer Leesa Boyd is also celebrating after completing her Certificate in Retail.
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China cuts interest rate to lift economy as Xi eyes up

NewstalkZB 16 Aug 2022
The People's Bank of China cut its rate on a one-year loan to 2.75 per cent from 2.85 per cent and injected an extra 400 billion yuan (NZ$93 billion) into lending markets after growth in factory output and retail sales weakened in July and home sales fell by double digits.
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China cuts interest rate to shore up sagging economy

Federal News Radio 16 Aug 2022
The People’s Bank of China cut its rate on a one-year loan to 2.75% from 2.85% and injected an extra 400 billion yuan ($60 billion) into lending markets after growth in factory output and retail sales weakened in July and home sales fell by double digits. The central bank ...
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NB Appoints Puri, Wessels Boer as Board Members

This Day 16 Aug 2022
Until his appointment, Ibrahim Puri was an Executive Director with United Bank for ... He joins the NB Plc board as a non-Executive Director with over 30 years of cognate banking experience encompassing operations, marketing, retail, corporate banking, and human resource management.
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Covid-19 hiring slump over? Top private firms in India recruit over 3 lakh people

DNA India 16 Aug 2022
With 2022 having been a less impactful year with regard to the Covid-19 pandemic, employment generation appears to be back on track ... The top sectors which are generating employment are IT, banking and retail, it was reported ... Who hired how many people? ... Recruitments also spiked in sectors like banking and aviation ... READ ... .
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Resilient data stir calls for growth

China Daily 16 Aug 2022
... and retail sales rose by 2.7 percent year-on-year in July ... Citing official data, Zhou Maohua, an analyst at China Everbright Bank, said while retail sales of goods slowed in July, consumption of catering services recovered steadily, indicating a steady rebound in consumer demand.
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Dented, Dated, Discontinued? At the Salvage Grocery, It's Called a Deal

Yahoo Daily News 16 Aug 2022
The stores, which traffic in what mainstream food retailers call “unsellables,” operate in a gray zone between food banks and big discount chains like the German import Aldi or Dollar General, which has grown to more than 18,000 stores ... Salvage stores and food banks aren’t in competition for surplus food, he said.
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Nearly $10M in TIF planned Bishop Heights redevelopment, northeast Lincoln apartments

Lincoln Journal Star 16 Aug 2022
The entire project will cost nearly $90 million, and will redevelop the shopping center, which has remained nearly vacant since Shopko closed in 2019 and the retailer declared bankruptcy. A Wells Fargo bank branch and an Arby’s remain there, and the fast-food restaurant is interested in updating its building.
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Northern Ireland economy: Record inflation causes fall in demand

BBC News 15 Aug 2022
Record inflation has taken its toll on the Northern Ireland economy and caused a fall in demand last month, according to a survey by Ulster Bank ... The drop in demand was seen across all sectors of the economy but was most marked in retail ... Richard Ramsey, Ulster Bank's chief economist in Northern Ireland, said.
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Ikpeba, Onazi in Attendance at Access Bank’s Road to Qatar 2022Novelty Game

This Day 15 Aug 2022
Speaking at the novelty match between Access Bank North Retail and South Directorate with former African Footballer of the Year Victor ... On the novelty match, Etuokwu expressed his excitement with the quality of the game between bank’s Northern Retail and the Southern Directorate.
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China cuts rates amid weak recovery

Taipei Times 15 Aug 2022
China’s central bank yesterday slashed key interest rates in a bid to kick-start the country’s stuttering economic recovery, as data showed factory output and retail sales for last month came in weaker than analysts’ expectations ... The central bank “seems to have decided it now has a more pressing problem,” Evans-Pritchard said.
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Shift away from cash is way too important to leave to the banks

Irish Independent 15 Aug 2022
If the banks have their way we will stop using cash, not bother to use ATMs and move over to using digital payments – this is the essence of what the Central Bank is saying in its submission to the department’s Retail Bank Review, set up in response to the planned ...

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