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SBI, Brookfield in JV to invest in stressed assets

SBI has said it has signed a pact with Brookfield to collaborate on investments as part of an ongoing stress asset resolution process

Bankers list hurdles in financing power projects

Cite low PLF, no long-term PPAs, delays in land acquisition and green nod as key hurdles

Govt equity infusion in PSBs though positive is inadequate: ICRA

Bankers frustrated over big chunk for loss making banks

Recapitalising PSU banks: Is it enough?

Global rating agency Fitch estimates the banking system needs around $90 bn of capital

Govt infuses Rs 23,000 cr to recapitalise 13 PSBs

75% of earmarked capital will be released immediately; rest linked to performance to be allocated later

Yes Bank's assessment reflects funding weakness risk; sound asset quality: Moody's

Private sector lender has maintained an adequate loans to customer deposit ratio of 95% at end-March 2016

Fitch affirms India at 'BBB-'; outlook stable

however, Rating agency flags concerns over weak fiscal position and yet difficult business environment

RBI needs transparent forex policy, says Subbarao

Using monetary policy tools to fight Rupee slide was toughest decision

Posco offers lifeline to Uttam Galva promoters

China's Tidfore may pick stake in three-way venture

Limited capital pool to squeeze PSBs' loan growth, warns India Ratings

Consequently, that may adversely impact India's economic growth from FY18, says the ratings agency

SBI reworks strategy for HNI customers

The pilot that was rolled out in Bengaluru early this year, SBI Exclusif, witnessed encouraging results with 50% more response than projected

HC prevents bank staff from going on strike

Unions had planned two-day strike to protest merger of SBI associates, IDBI privatisation; matter to be heard on July 20

Bankers unsure of success of joint review

Corporate sector continues to face headwinds

Modi government's repairs, reforms to make India's growth sturdy: CRISIL

The initiatives of government, if relentlessly implemented, will do more to raise India's trend rather than cyclical growth seen now

IL&FS to rework investment manager model

IIML will offer structured products in infrastructure and real estate in the Middle East and Africa

CRISIL: BoI margins to see pressure

CRISIL has assigned "AA+" rating to Bank of India's (BoI's) Rs 15.0 billion Tier II bond issue (under Basel III)

RBI board talks constitution of monetary policy panel

The Board discussed two specific areas of operations, namely, the Reserve Bank's budget and constitution of Monetary Policy Committee

JLF to meet next week to review stressed cases

Banks had commissioned techno-economic viability studies as well as forensic audits for stressed cases

IOB and United bank turn headless

Both the banks were both in midst of systematic plans to reduce stress on books and improve recoveries when they were impacted by RBI's Asset Quality Review

BHEL's 'AAA' rating placed on watch

The agency expects to resolve the RWN during July 2016