Somasroy Chakraborty
 "Somasroy Chakraborty")
Somasroy Chakraborty
Page 11 - Somasroy Chakraborty
RBI bans fresh purchase of HDFC Bank shares by foreign investors
As per the revised FDI guidelines, foreign investors can invest up to 49% in private banks through the automatic route
 "RBI bans fresh purchase of HDFC Bank shares by foreign investors")
Rajan says he is uncomfortable with inflation numbers
RBI chief says central bank would try and ensure that there was enough liquidity in market
 "Rajan says he is uncomfortable with inflation numbers")
We're making a tectonic shift from wholesale to retail banking: Arun Kaul
Interview with CMD, UCO Bank
 "We're making a tectonic shift from wholesale to retail banking: Arun Kaul")
Inflation has resurfaced, says Rajan
Says RBI monetary policy actions will be guided by a set of data points
 "Inflation has resurfaced, says Rajan")
Didn't get proposal for board slot from SKS Trust at AGM: S Dilli Raj
Interview with CFO, SKS Microfinance
 "Didn't get proposal for board slot from SKS Trust at AGM: S Dilli Raj")
Foreign bankers line up to meet Rajan after subsidiary promise
Seven honchos met RBI chief last month on hopes of 'near-national' treatment for WOS
 "Foreign bankers line up to meet Rajan after subsidiary promise")
DBS Bank appoints Rajesh Prabhu as India CFO
Prior to this appointment he was with Deutsche Bank and has also worked with IDBI Bank
Federal Bank appoints Koshy as chairman
Koshy had joined the bank's board as an independent director in May, 2007
Banks cap foreign spends on cards to check frauds
Move aimed to reduce scope of frauds as electronic payment systems are becoming vulnerable to misuse
New norms likely to shift M&A goalposts in banking sector
In Oct 2013, the banking regulator had relaxed the branch authorisation policy for Indian banks
 "New norms likely to shift M&A goalposts in banking sector")
RBI allays foreign banks' fears on stamp duty
Says foreign banks exempt from stamp duty for wholly-owned subsidiaries
Koshie joins Federal Bank as director
Grace Elizabeth Koshie has worked with RBI for over three and a half decades
Citi puts former headquarters on the block
Consultants say the eight-storeyed building could fetch Rs 300 cr
 "Citi puts former headquarters on the block")
At SBI, profit dips with new CEO
As the outgoing chief prefers to leave on a high note, it is left for the newcomer to clean up the mess
 "At SBI, profit dips with new CEO")
Reciprocity sword hangs over big foreign banks
Subsidiary route may not give branch expansion freedom to many like Citi, StanChart and HSBC
 "Reciprocity sword hangs over big foreign banks")
Subsidiaries may not guarantee near-national treatment for foreign banks
Reciprocity clause likely to prevent liberal branch expansion
 "Subsidiaries may not guarantee near-national treatment for foreign banks")
Bharatiya Mahila Bank starts with 7 branches
Doubts remain over objective in achieving women empowerment
 "Bharatiya Mahila Bank starts with 7 branches")
Creamline Dairy plans to raise up to Rs 250 crore
Promoters willing to sell 26-51% stake
 "Creamline Dairy plans to raise up to Rs 250 crore")
Manufacturing growth to be subdued in Q3: Ficci
Bengal Chief minister Mamata Banerjee , however, could not meet the Ficci members as she was traveling to districts said Singh
 "Manufacturing growth to be subdued in Q3: Ficci")
J&K Bank Q2 net profit rises 12%
Better margin, higher interest income drive earnings growth
