Page 155 - Abhijit Lele/workspace/business Standard Web/video

Syndicate Bank brass in damage control

Tells employees to shun loose talk and get on with business; says internal processes fine

Syndicate Bank to rejig International Business strategy

Overseas loan book grew from Rs 27,244 cr in June 2013 (Q1 of FY14) to Rs 36,759 cr in June 2014 (Q1 of Fy15)

Insurance IPOs still 2-3 years away

Many procedural issues remain, apart from prior agreements with Indian partners in JVs

Expect turbulence with public sector bank mergers

The resistance from bank staff and employees' unions and local political interest could pose a formidable challenge

RBI's steps to revive growth credit positive: Moody's

Says raising FII limit in govt debt will help stabilise currency rates

TCS raising Rs 4,000 crore via commercial paper

The company uses a variety of financial instruments including Commercial Paper as part of ongoing liquidity management

ICRA upgrades outlook on Indian Oil's long term rating

Diesel price deregulation to reduce under recovery burden

ARC markets see bold moves by newer entities

Housing finance market to now see more competition

Banks have an edge over housing finance companies (HFCs) due to access to relatively low cost funds raised through deposits

Monetising property: Advanced groundwork at Bank of India

Planning to raise Rs 2,500 crore if RBI okays its plan to do so via an SPV; presses govt to waive taxes on this

Govt eyes 200 mn new bank accounts in a year

Govt is using Census 2011 as basis for charting out its financial inclusion plan

JM Financial pays Rs 865 crore upfront for Leela loans

The amount is 20% of the purchase price that another JM group firm has paid for a 97% stake in the hotel

Indo Count eyes CDR exit

Indo Count is considering exiting the CDR mechanism by the third quarter of this financial year

IFCI to offload 26 per cent in Madhya Pradesh road project

Expects stake sale to go through by September

IFCI to offload 26% stake in toll road in MP

IFCI seems to be on drive to liquidate non-core investments to unlock value in assets

Banks to offload Leela loans to asset reconstruction firms

Banks put Rs 21k-cr NPAs on block in 3 months

Rush to offload bad loans indicates a revival in asset-sale market

Fullerton India eyes threefold growth in assets

Company firms up a 5-year business plan; at present AUMs are Rs 6,245 cr, up from Rs 4,823 cr in March 2013

Bond yields may remain elevated on Iraq crisis: Salil Saran

Interview with Managing director & chief executive, SBI DFHI Ltd

Corporate bond issues hit 5-year low in May

As per data, corporates raised a mere Rs 9,070 cr in May compared with Rs 33,758.64 cr in the same month a year ago