Page 156 - Abhijit Lele/workspace/business Standard Web/video

Lenders exploring debt recast for REI Agro

Banks have already classified REI Agro as Special Mention Account

NPAs render govt banks unfit for pvt PF deposits

Current rules governing investments by PFs bar them from making deposits with commercial banks when net NPAs are more than 2% of net advances

GA, Actis in fray to buy out Destimoney Enterprises

NSR eyes a valuation of Rs 1,500 crore for its Rs 200-cr investment made in 2008

FinMin puts amalgamation of regional rural banks on hold

At present, central govt, state govts and sponsor banks like SBI and PNB provide capital

SBI, IDBI capital mkt arms to be roped in for asset rejig

One senior public banker said before going full steam, a few cases should be entrusted with the ARC. Learning from this can help to hand over more projects to ARCs

SBI eyes higher share in profits from overseas biz

The country's largest lender has 190 offices abroad

FIMBank plans to infuse $100 mn in India Factoring

FIMBank plans to increase the scope of its business in India

IDBI, SBI group report higher write-offs than recoveries in FY14

PSB executives said write-off indicates cancellation from an account of a bad debt or worthless asset

Risk premium on Indian bonds comes down

Since April 30 spreads have shrunk by 10-100 basis points for various five years papers

PNB drops plans for Canada foray

Fiscal consolidation, low inflation environment must top govt agenda: Fitch

Clear mandate increases chances for decisive policy action

BOB Q4 net up 12.5% on better net interest income

Public sector lender reported flat growth (1.3%) in net profit for Fy14 at Rs 4,541 cr as against Rs 4,480 cr for FY13

Bank of Baroda eyes higher growth in FY15

Eyes Rs 12,00,000 cr business by March 2015

SBI,Tata Trusts to work jointly for rural development

Tata Trusts will provide training and capacity building, identify partner organizations such as farmer producer companies

Gitanjali changes business plan to regain glitter

As debts mount, the company is switching from gold to diamond jewellery besides diversifying into new areas to tide over the restrictions on the gold business

Former Jet CEO Ravishankar joins R Wadhawan group

Also appoints Milind Sarwate, former Group Chief Financial Officer at Marico

IFCI may rope in strategic investor for factoring arm

To integrate operations of capital market subsidiaries

Dollar window closing for India Inc's debt

RBI has put restrictions on credit facilities banks can extend to foreign arms of local companies

Our fund has a pan-India character: Girish Gupta

Managing director & CEO, Rajasthan Venture Capital Fund

SBI to lend $500 mn, redeem securities worth $800 mn