Page 1008 - Finance News
HDFC pushes its corporate loan book
In the last three years, loan book has doubled from Rs 47,000 cr to Rs 1 lakh cr
 "HDFC pushes its corporate loan book")
Experts say FCNR(B) redemption to be smooth
RBI's proactive measures get credit for removing much of the worry
 "Experts say FCNR(B) redemption to be smooth")
ICICI Bank Q4 profit hit by provisioning
Biggest drop in quarterly profit, after setting aside reserves on top of NPAs to cushion future defaults
 "ICICI Bank Q4 profit hit by provisioning")
After successful IPO, Equitas submits application for banking licence
The Chennai-based microfinance company went for an Rs 2,170-cr IPO earlier this month
 "After successful IPO, Equitas submits application for banking licence")
ICICI Bank's top management to forego performance bonus
The decision comes at a time when the bank is reeling under bad loans
Ramkumar to quit ICICI; Chandok to take charge as ED
Ramkumar has decided to take an early retirement
 "'Challenges exist despite asset quality review'")
Parliamentary Panel suo motu examines NPAs in public banks
Gross NPAs of PSBs rose to Rs 3.61 lakh crore at the end of December 2015
 "Parliamentary Panel suo motu examines NPAs in public banks")
State Bank of Bikaner & Jaipur Q4 net down 31% at Rs 193 crore
The gross NPAs or bad loans were 4.82% of the gross advances as of March, slightly up from 4.14% a year ago
Bharatiya Mahila Bank feels it should not be merged with another PSU
The senior management of the bank said that they could act better if there is govt support
 "Bharatiya Mahila Bank feels it should not be merged with another PSU")
How YES Bank battled NPAs and came out unscathed
Despite 65 per cent of its loan book in the corporate sector, YES Bank has managed to keep its NPAs low, which needs appreciation
 "How YES Bank battled NPAs and came out unscathed")
Defiant Mallya says arresting him or revoking passport won't help recover money
Industrialist tells Financial Times in an interview that he has been living in forced exile
 "Defiant Mallya says arresting him or revoking passport won't help recover money")
RBI floats discussion paper on P2P lending: 5 questions answered
Business Standard explains the concept of P2P lending and its implications on the financial sector
 "RBI floats discussion paper on P2P lending: 5 questions answered")
RBI seeks to regulate P2P lending space
The platform owners & investors hail the move as regulation gives RBI's stamp of approval to a business that is completely banned in countries like Japan & Israel
 "RBI seeks to regulate P2P lending space")
Rajan went by majority view on rate cut in TAC
Four of the five external members of the panel recommended a reduction in the policy repo rate
 "Rajan went by majority view on rate cut in TAC")
 "IMF sees emerging market innovations as 'crankiness', says RBI Governor")
 "India Inc's ECBs drop 43% in March")
 "RBI eases compliance reporting norms for banks")
LIC: Lot of bank shares, few votes
Banking law caps voting rights at 10% and insurer's holding is over this limit in 18 banks
 "LIC: Lot of bank shares, few votes")
Nabard to support banks to open branches in LWE-affected districts
Nabard says the expansion of banking network in Left Wing Extremist-affected districts is critical for the empowerment of people in those areas
 "Nabard to support banks to open branches in LWE-affected districts")