Page 1015 - Finance News
Lenders to step up pressure on Vijay Mallya for a better offer
Recovery proceeding a to stay on course; lenders to make sure that Mallya does not use delaying tactics
 "Lenders to step up pressure on Vijay Mallya for a better offer")
Disclose all assets by April 21, says SC to Mallya as banks seek deposit
Lenders say they cannot forego principal amount; court grants Mallya time till April 21 to respond
Bank fraud case: ED attaches assets with Rs 53 crore of Delhi firm
The first criminal complaint against the two firms and its directors was registered by the CBI in 2014
 "Bank fraud case: ED attaches assets with Rs 53 crore of Delhi firm")
Banks in no hurry to cut lending rates
SBI chairman says transmission only after deposit rates come down
 "Banks in no hurry to cut lending rates")
Stage is set for decisive shift in financial sector: Shilpa Kumar
Firstly, RBI's commentary on liquidity was much warranted given the stressed liquidity situation being witnessed, which was not allowing RBI's rate actions to fully pass through
Rate transmissions can be seen in next few months: Manas Datta
If the intended process is sincerely followed by the banks we might see a downward interest-rate environment in next few months
RBI cuts by 25 bps, but feels like more: Ravneet Gill
We see the recent measures helping bond market sentiments and bank liquidity position materially
Nabard FY17 borrowing estimated at Rs 50k cr
The market borrowings also include the funds raised through tax-free bonds
 "Nabard FY17 borrowing estimated at Rs 50k cr")
ICICI Bank to limit corporate, global loans growth at 10%
Move comes at a time when the asset quality pressure in the bank has intensified
 "ICICI Bank to limit corporate, global loans growth at 10%")
Bond yields might remain steady in coming days
Yields on the 10-year bond closed flat on Wednesday from Tuesday's 7.46 per cent
 "Bond yields might remain steady in coming days")
Altico Capital invests Rs 575 cr in realty projects
Has entered into a multi-project financing arrangement with Pune-based Marvel Developers
 "Altico Capital invests Rs 575 cr in realty projects")
Bandhan garners over Rs 12,000 cr deposits in FY16
Plans to review interest rates that it's been offering higher by at least 50 basis points on an average
 "Bandhan garners over Rs 12,000 cr deposits in FY16")
Following RBI's liquidity push, onus now on banks to deliver
Bankers and economists agree rates will soften, though the quantum would depend on banks' asset-liability profile
 "Following RBI's liquidity push, onus now on banks to deliver")
RBI cuts rates, eases liquidity
Repo rate reduced by 25 bps to 6.5%, lowest since 2011; minimum daily CRR limit lowered to 90% from 95%; repo, reverse repo corridor narrowed to 50 bps
 "RBI cuts rates, eases liquidity")
 "Rate cut on anticipated lines, liquidity concerns addressed: BS Jury")
The battle we are really fighting today is for credibility: Raghuram Rajan
Interview with Governor, Reserve Bank of India
 "The battle we are really fighting today is for credibility: Raghuram Rajan")
How much can RBI cut? Hopefully, 25 bps: Saugata Bhattacharya
Says only worry is inflation projections look a little optimistic, even factoring in a late and staggered phase-in of the 7th Pay Commission award
 "How much can RBI cut? Hopefully, 25 bps: Saugata Bhattacharya")
Rate cut on expected lines: M S Unnikrishnan
Transmissions of rate cuts by banks is the biggest challenge
 "Rate cut on expected lines: M S Unnikrishnan")
Addressing market concerns: A Balasubramanian
This policy has also brought down the differential between the repo and marginal standing facility rates
 "Addressing market concerns: A Balasubramanian")
Liquidity management change to ease pressure
Rajan says RBI underestimated excess cash in the system due to elections
 "Liquidity management change to ease pressure")