Page 152 - Abhijit Lele

SBI to raise Rs 4,000 cr for BPCL's petrochemical plan

BPCL will invest about Rs 14,225 cr for Kochi Refineries expansion and Rs 5,000 cr for setting up a petrochemical JV

RBI has got a level of comfort due to muted inflation scenario: Paresh Sukthankar

Interview with Deputy MD, HDFC Bank

RBI's new rules fall short of making White Label ATMs viable

They have welcomed the permission to allow use of international credit and other cards but say it isn't enough to assure viability

Base rate may come down before March: Paresh Sukthankar

Says base rate is on downward trajectory as deposit rates have started coming off

IDFC to slash stake in infra debt fund to 49%

IIDF raising Rs 1,500 cr through non-convertible debentures to buy out loans to road projects

Steps to cut govt stake in PSBs credit positive: Moody's

Move will help PSBs raise up to Rs 1,61,000 crore from the market

Govt's request for fresh loans to SpiceJet leaves banks in a quandary

Cash-strapped carrier promoted by media baron Kalanithi Maran was forced to cancel flights today morning

IBA to identify infra projects for flexible recast

Four sectors expected to benefit from the RBI dispensation are infrastructure, construction, metals and mining

SBI may have subsidiary to manage its vast real estate

Low oil prices pull down banks' lending

Competition awaits PSBs in fee-based biz

Remittances and charges on current and savings accounts will be their lifeline as they can't earn interest income through lending

HDFC Bank rules out a JV for payment bank

Other large lenders may also stay away, say analysts

IL&FS PE arm plans exits worth Rs 500 cr in H2

Banks link fresh funds to Mallya's ouster from boards

Deposit growth tapers as investors put money in gold, MFs

Data shows that AUM in liquid funds has increased 51% m-o-m

Large banks may not be game stake in payment banks

An advisor with Indian Banks' Association said large banks themselves have an extensive branch network to cover under-banked regions

Banks propose fund to cure power sector's woes

As banks struggle with high levels of exposure to the sector, a separate fund for power projects is seen as the next best solution

PSBs continue to stuggle for share of low-cost deposits

PSBs' share of current and saving accounts has dipped from 33.5% in March '13 to 32.1% in Sept '14

SBI reworks recruitment policy

Intake to match retirements each year, with schedule and type of recruiting to be known in advance

SBI expands list of equity for investments beyond Nifty

SBI's total investments were pegged at Rs 485,734 cr at end-September. This is predominantly of government and corporate bonds, with a very small share of equity investments